IWF vs XLK: Holdings Overlap
IWFiShares Russell 1000 Growth ETF
iShares · 387 holdings · $127.3B · as of 2026-03-31
XLKState Street® Technology Select Sector SPDR® ETF
State Street (SPDR) · 73 holdings · $122.8B · as of 2026-08-06
Holdings snapshots are 128 days apart (IWF: 2026-03-31, XLK: 2026-08-06). 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 XLK?
iShares Russell 1000 Growth ETF (IWF, by iShares) holds 387 positions; State Street® Technology Select Sector SPDR® ETF (XLK, by State Street (SPDR)) holds 73. They have 41 holdings in common, and by portfolio weight the two funds are 48.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 48.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 41IWF holds 387 · XLK holds 73
- Weight in Shared Holdings
- IWF 48%·XLK 77%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
346 of 387 positions (51.8% of the fund) are not held by XLK. Showing the top 30 by weight.
Only in XLK
32 of 73 positions (23.2% of the fund) are not held by IWF. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWF | XLK |
|---|---|---|
| Information Technology | 49.2% | 99.9% |
| Consumer Discretionary | 13.1% | 0.0% |
| Communication Services | 12.4% | 0.0% |
| Health Care | 8.0% | 0.0% |
| Industrials | 6.7% | 0.0% |
| Other Sectors | 10.4% | 0.0% |
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% |
| XLK | +4.9% | +30.9% | +43.5% | +30.7% | +20.3% | +24.4% | 0.42% |
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 XLK →
Shared Holdings(41)
The top 10 shared positions account for 90% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 12.92% | 14.35% | 12.92% |
|---|---|---|---|
 AAPLApple Inc. COM | 11.64% | 12.41% | 11.64% |
 MSFTMicrosoft Corp. COM | 8.82% | 10.04% | 8.82% |
 AVGOBroadcom Inc COM | 4.79% | 5.39% | 4.79% |
 PLTRPalantir Technologies, Inc., Class A | 1.15% | 2.36% | 1.15% |
 LRCXLam Research Corporation COM NEW | 0.97% | 2.53% | 0.97% |
 ORCLOracle Corp. COM | 0.89% | 1.61% | 0.89% |
 KLACKLA Corp. COM NEW | 0.70% | 1.67% | 0.70% |
 AMDAdvanced Micro Devices Inc. COM | 0.69% | 4.11% | 0.69% |
 APHAmphenol Corporation CL A | 0.56% | 1.39% | 0.56% |
 PANWPalo Alto Networks Inc COM | 0.46% | 1.93% | 0.46% |
 ANETArista Networks Inc COM SHS | 0.46% | 1.31% | 0.46% |
 INTUIntuit Inc COM | 0.43% | 0.59% | 0.43% |
 NOWServicenow Inc COM | 0.39% | 0.80% | 0.39% |
 ADBEAdobe Inc COM | 0.36% | 0.69% | 0.36% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.35% | 1.39% | 0.35% |
 AMATApplied Materials Inc. COM | 0.28% | 2.77% | 0.28% |
 CDNSCadence Design Systems, Inc. COM | 0.27% | 0.62% | 0.27% |
 TXNTexas Instruments Inc. COM | 0.26% | 1.67% | 0.26% |
 SNPSSynopsys Inc COM | 0.20% | 0.51% | 0.20% |
 ADSKAutodesk Inc COM | 0.18% | 0.34% | 0.18% |
 MPWRMonolithic Power Systems Inc. COM | 0.18% | 0.44% | 0.18% |
 FTNTFortinet Inc COM | 0.18% | 0.66% | 0.18% |
 DDOGDatadog, Inc., Class A | 0.13% | 0.50% | 0.13% |
 QCOMQUALCOMM Inc. COM | 0.11% | 1.12% | 0.11% |
Frequently Asked Questions
How much do IWF and XLK overlap?
IWF and XLK overlap by 48.0% of portfolio weight. They share 41 holdings (IWF holds 387 positions and XLK holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWF and XLK?
The two portfolios are 48.0% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of IWF and XLK?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and PLTR. Together the top 10 shared positions account for 90% of the total overlap.
What does IWF own that XLK doesn't?
346 positions (51.8% of IWF) are unique to IWF, led by AMZN, TSLA and GOOGL. In the other direction, 32 positions (23.2% of XLK) are unique to XLK.