IWM vs SKYY: Holdings Overlap
iShares · 1941 holdings · $82.2B · as of 2026-03-31
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
How similar are IWM and SKYY?
iShares Russell 2000 ETF (IWM, by iShares) holds 1941 positions; First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62. They have 12 holdings in common, and by portfolio weight the two funds are 1.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12IWM holds 1941 · SKYY holds 62
- Weight in Shared Holdings
- IWM 1%·SKYY 16%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 IWM
1929 of 1941 positions (98.5% of the fund) are not held by SKYY. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWM | SKYY |
|---|---|---|
| Information Technology | 13.6% | 82.6% |
| Industrials | 17.9% | 0.6% |
| Health Care | 16.6% | 0.6% |
| Financials | 15.3% | 0.6% |
| Communication Services | 2.5% | 8.7% |
| Other Sectors | 28.2% | 3.7% |
| Unclassified | 5.5% | 3.1% |
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. “Unclassified” is weight we could not classify (5% of IWM, 3% of SKYY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWM | +1.8% | +23.0% | +38.6% | +17.1% | +7.5% | +10.8% | 0.88% |
| SKYY | +12.3% | +20.1% | +27.6% | +25.7% | +8.0% | +17.1% | — |
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 IWM vs SKYY →
Shared Holdings(12)
The top 10 shared positions account for 95% of the overlap, led by LUMN, DOCN and FSLY.
 LUMNLumen Technologies Inc COM | 0.23% | 3.02% | 0.23% |
|---|---|---|---|
 DOCNDigitalOcean Holdings Inc COM | 0.22% | 3.85% | 0.22% |
 FSLYFastly, Inc., Class A | 0.14% | 2.82% | 0.14% |
 BOXBox, Inc., Class A | 0.11% | 0.62% | 0.11% |
 QLYSQualys Inc COM | 0.11% | 0.59% | 0.11% |
 WKWorkiva, Inc., Class A | 0.10% | 1.80% | 0.10% |
 QTWOQ2 Holdings Inc COM | 0.10% | 0.61% | 0.10% |
 BLBlackline Inc COM | 0.06% | 0.65% | 0.06% |
 BLKBBlackbaud Inc COM | 0.05% | 0.49% | 0.05% |
 FIVNFive9 Inc. COM | 0.04% | 0.80% | 0.04% |
 APPNAppian Corporation CL A | 0.03% | 0.71% | 0.03% |
 ASANAsana, Inc., Class A | 0.02% | 0.46% | 0.02% |
Frequently Asked Questions
How much do IWM and SKYY overlap?
IWM and SKYY overlap by 1.2% of portfolio weight. They share 12 holdings (IWM holds 1941 positions and SKYY holds 62), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWM and SKYY?
The two portfolios are 1.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IWM and SKYY?
The largest positions held by both funds are LUMN, DOCN, FSLY, BOX and QLYS. Together the top 10 shared positions account for 95% of the total overlap.
What does IWM own that SKYY doesn't?
1929 positions (98.5% of IWM) are unique to IWM, led by BE, CDE and FN. In the other direction, 50 positions (83.5% of SKYY) are unique to SKYY.