IWF vs XLG: Holdings Overlap
IWFiShares Russell 1000 Growth ETF
iShares · 387 holdings · $127.3B · as of 2026-03-31
Invesco · 51 holdings · $10.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (IWF: 2026-03-31, XLG: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are IWF and XLG?
iShares Russell 1000 Growth ETF (IWF, by iShares) holds 387 positions; Invesco S&P 500 Top 50 ETF (XLG, by Invesco) holds 51. They have 33 holdings in common, and by portfolio weight the two funds are 68.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 68.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33IWF holds 387 · XLG holds 51
- Weight in Shared Holdings
- IWF 75%·XLG 82%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in IWF
354 of 387 positions (25.2% of the fund) are not held by XLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWF | XLG |
|---|---|---|
| Information Technology | 49.2% | 43.7% |
| Communication Services | 12.4% | 17.0% |
| Consumer Discretionary | 13.1% | 11.3% |
| Financials | 5.9% | 9.6% |
| Health Care | 8.0% | 7.0% |
| Other Sectors | 11.1% | 11.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWF | +2.7% | +5.5% | +13.1% | +22.0% | +12.6% | +17.8% | 0.35% |
| XLG | +3.7% | +7.2% | +17.9% | +22.2% | +14.3% | +16.6% | 0.63% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in IWF vs XLG →
Shared Holdings(33)
The top 10 shared positions account for 82% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 12.92% | 13.04% | 12.92% |
|---|---|---|---|
 AAPLApple Inc. COM | 11.64% | 10.71% | 10.71% |
 MSFTMicrosoft Corp. COM | 8.82% | 8.14% | 8.14% |
 AVGOBroadcom Inc COM | 4.79% | 4.83% | 4.79% |
 AMZNAmazon.com, Inc. COM | 4.66% | 6.96% | 4.66% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.54% | 6.03% | 3.54% |
 METAMeta Platforms, Inc., Class A | 3.46% | 3.60% | 3.46% |
 TSLATesla Inc COM | 3.55% | 2.89% | 2.89% |
 GOOGAlphabet Inc. CAP STK CL C | 2.87% | 4.80% | 2.87% |
 LLYEli Lilly & Co. COM | 2.66% | 1.99% | 1.99% |
 VVisa, Inc., Class A | 1.84% | 1.49% | 1.49% |
 COSTCostco Wholesale Corporation COM | 1.60% | 1.21% | 1.21% |
 MAMasterCard Incorporated CL A | 1.45% | 1.10% | 1.10% |
 NFLXNetflix, Inc. COM | 1.47% | 1.06% | 1.06% |
 ABBVAbbVie Inc. COM | 1.39% | 1.00% | 1.00% |
 HDHome Depot, Inc. (The) | 0.90% | 0.88% | 0.88% |
 PLTRPalantir Technologies, Inc., Class A | 1.15% | 0.85% | 0.85% |
 GEGeneral Electric Co. | 1.06% | 0.82% | 0.82% |
 ORCLOracle Corp. COM | 0.89% | 0.74% | 0.74% |
 AMDAdvanced Micro Devices Inc. COM | 0.69% | 1.55% | 0.69% |
 KOCoca-Cola Co (The) COM | 0.52% | 0.82% | 0.52% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.59% | 0.44% | 0.44% |
 INTUIntuit Inc COM | 0.43% | 0.29% | 0.29% |
 ADBEAdobe Inc COM | 0.36% | 0.27% | 0.27% |
 TXNTexas Instruments Inc. COM | 0.26% | 0.69% | 0.26% |
Frequently Asked Questions
How much do IWF and XLG overlap?
IWF and XLG overlap by 68.5% of portfolio weight. They share 33 holdings (IWF holds 387 positions and XLG holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWF and XLG?
The two portfolios are 68.5% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of IWF and XLG?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and AMZN. Together the top 10 shared positions account for 82% of the total overlap.
What does IWF own that XLG doesn't?
354 positions (25.2% of IWF) are unique to IWF, led by LRCX, GEV and KLAC. In the other direction, 18 positions (17.2% of XLG) are unique to XLG.