IWM vs VIG: Holdings Overlap
iShares · 1941 holdings · $82.2B · as of 2026-03-31
VIGVanguard Dividend Appreciation Index Fund
Vanguard · 332 holdings · $113.6B · as of 2026-04-30
Holdings snapshots are 30 days apart (IWM: 2026-03-31, VIG: 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 IWM and VIG?
iShares Russell 2000 ETF (IWM, by iShares) holds 1941 positions; Vanguard Dividend Appreciation Index Fund (VIG, by Vanguard) holds 332. They have 91 holdings in common, and by portfolio weight the two funds are 1.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 91IWM holds 1941 · VIG holds 332
- Weight in Shared Holdings
- IWM 8%·VIG 1%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
1850 of 1941 positions (91.7% of the fund) are not held by VIG. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWM | VIG |
|---|---|---|
| Information Technology | 13.6% | 25.5% |
| Financials | 15.3% | 20.5% |
| Industrials | 17.9% | 12.1% |
| Health Care | 16.6% | 16.4% |
| Consumer Staples | 1.7% | 10.2% |
| Other Sectors | 29.1% | 14.7% |
| Unclassified | 5.5% | 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. “Unclassified” is weight we could not classify (5% of IWM, 0% of VIG).
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% |
| VIG | +2.7% | +12.5% | +21.0% | +16.3% | +10.9% | +13.2% | 1.46% |
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 VIG →
Shared Holdings(91)
The top 10 shared positions account for 28% of the overlap, led by ENSG, UMBF and WTS.
 ENSGEnsign Group, Inc. (The) | 0.38% | 0.05% | 0.05% |
|---|---|---|---|
 UMBFUMB Financial Corporation | 0.28% | 0.04% | 0.04% |
 WTSWatts Water Technologies, Inc., Class A | 0.27% | 0.04% | 0.04% |
 GATXGATX Corporation COM | 0.21% | 0.03% | 0.03% |
 NPOEnpro Inc COM | 0.18% | 0.03% | 0.03% |
 TXNMTXNM Energy Inc. COM | 0.20% | 0.03% | 0.03% |
 MATXMatson Inc COM | 0.17% | 0.02% | 0.02% |
 BCPCBalchem Corp COM | 0.19% | 0.02% | 0.02% |
 UFPIUFP Industries Inc COM | 0.18% | 0.02% | 0.02% |
 SIGISelective Insurance Group Inc. COM | 0.16% | 0.02% | 0.02% |
 HOMBHome BancShares Inc. COM | 0.17% | 0.02% | 0.02% |
 MWAMueller Water Products, Inc. COM SER A | 0.15% | 0.02% | 0.02% |
 CNOCNO Financial Group, Inc. COM | 0.14% | 0.02% | 0.02% |
 FFINFirst Financial Bankshares Inc COM | 0.13% | 0.02% | 0.02% |
 POWIPower Integrations Inc. COM | 0.10% | 0.02% | 0.02% |
 CBTCabot Corporation COM | 0.13% | 0.02% | 0.02% |
 UCBUnited Community Banks Inc.(South Carolina) COM | 0.13% | 0.02% | 0.02% |
 SFBSServisFirst Bancshares Inc. COM | 0.13% | 0.02% | 0.02% |
 IBOCInternational Bancshares Corporation | 0.13% | 0.02% | 0.02% |
 INDBIndependent Bank Corp. COM | 0.13% | 0.02% | 0.02% |
 FELEFranklin Electric Co Inc COM | 0.12% | 0.02% | 0.02% |
 GHCGraham Holdings Co., Class B | 0.12% | 0.02% | 0.02% |
 MTRNMaterion Corp COM | 0.10% | 0.02% | 0.02% |
 OTTROtter Tail Corporation COM | 0.12% | 0.02% | 0.02% |
 BMIBadger Meter Inc COM | 0.15% | 0.02% | 0.02% |
Frequently Asked Questions
How much do IWM and VIG overlap?
IWM and VIG overlap by 1.1% of portfolio weight. They share 91 holdings (IWM holds 1941 positions and VIG holds 332), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWM and VIG?
The two portfolios are 1.1% 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 VIG?
The largest positions held by both funds are ENSG, UMBF, WTS, GATX and NPO. Together the top 10 shared positions account for 28% of the total overlap.
What does IWM own that VIG doesn't?
1850 positions (91.7% of IWM) are unique to IWM, led by BE, CDE and FN. In the other direction, 241 positions (98.2% of VIG) are unique to VIG.