IWN vs IWM: Holdings Overlap
IWNiShares Russell 2000 Value ETF
iShares · 1406 holdings · $14.7B · as of 2026-03-31
iShares · 1941 holdings · $82.2B · as of 2026-03-31
How similar are IWN and IWM?
iShares Russell 2000 Value ETF (IWN, by iShares) holds 1406 positions; iShares Russell 2000 ETF (IWM, by iShares) holds 1941. They have 1403 holdings in common, and by portfolio weight the two funds are 55.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 55.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1403IWN holds 1406 · IWM holds 1941
- Weight in Shared Holdings
- IWN 100%·IWM 62%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 IWN
3 of 1406 positions (0.0% of the fund) are not held by IWM.
- Logistic Properties of The Americas0.00%
- flyExclusive, Inc.0.00%
- Arrive AI, Inc.0.00%
Only in IWM
538 of 1941 positions (37.6% of the fund) are not held by IWN. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWN | IWM |
|---|---|---|
| Financials | 22.4% | 15.3% |
| Industrials | 11.9% | 17.9% |
| Health Care | 10.0% | 16.6% |
| Information Technology | 8.0% | 13.6% |
| Consumer Discretionary | 8.7% | 8.0% |
| Other Sectors | 31.6% | 22.7% |
| Unclassified | 7.1% | 5.5% |
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 (7% of IWN, 5% of IWM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWN | +2.4% | +25.3% | +42.6% | +16.8% | +9.0% | +10.2% | 1.41% |
| IWM | +1.8% | +23.0% | +38.6% | +17.1% | +7.5% | +10.8% | 0.88% |
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 IWN vs IWM →
Shared Holdings(1403)
The top 10 shared positions account for 7% of the overlap, led by CDE, ECHO and HL.
 CDECoeur Mining, Inc. | 0.66% | 0.65% | 0.65% |
|---|---|---|---|
 ECHOEchoStar Corp., Class A | 1.09% | 0.54% | 0.54% |
 HLHecla Mining Co. | 0.62% | 0.40% | 0.40% |
 TTMITTM Technologies, Inc. | 0.69% | 0.34% | 0.34% |
 AHRAmerican Healthcare REIT, Inc. | 0.38% | 0.29% | 0.29% |
 PRAXPraxis Precision Medicines, Inc. | 0.53% | 0.28% | 0.28% |
 CTRECareTrust REIT, Inc. | 0.51% | 0.28% | 0.28% |
 UMBFUMB Financial Corp. | 0.52% | 0.28% | 0.28% |
 CYTKCytokinetics, Inc. | 0.48% | 0.27% | 0.27% |
 SMSM Energy Co. | 0.54% | 0.26% | 0.26% |
 ONBOld National Bancorp | 0.47% | 0.26% | 0.26% |
 FLRFluor Corp. | 0.52% | 0.26% | 0.26% |
 PCVXVaxcyte, Inc. | 0.50% | 0.25% | 0.25% |
 NXTNextpower, Inc., Class A | 0.24% | 0.60% | 0.24% |
 JXNJackson Financial, Inc., Class A | 0.50% | 0.24% | 0.24% |
 SANMSanmina Corp. | 0.26% | 0.24% | 0.24% |
 CMCCommercial Metals Co. | 0.47% | 0.23% | 0.23% |
 ORAOrmat Technologies, Inc. | 0.47% | 0.23% | 0.23% |
 JBTMJBT Marel Corp. | 0.24% | 0.23% | 0.23% |
 TEXTerex Corp. | 0.26% | 0.23% | 0.23% |
 ENSEnerSys | 0.42% | 0.22% | 0.22% |
 TRNOTerreno Realty Corp. | 0.43% | 0.21% | 0.21% |
 NENoble Corp. plc | 0.43% | 0.21% | 0.21% |
 RIGNTransocean Ltd. | 0.42% | 0.21% | 0.21% |
 VALValaris Ltd. | 0.42% | 0.21% | 0.21% |
Showing the top 250 of 1403 shared holdings by overlap weight.
Frequently Asked Questions
How much do IWN and IWM overlap?
IWN and IWM overlap by 55.0% of portfolio weight. They share 1403 holdings (IWN holds 1406 positions and IWM holds 1941), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWN and IWM?
The two portfolios are 55.0% 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 IWN and IWM?
The largest positions held by both funds are CDE, ECHO, HL, TTMI and AHR. Together the top 10 shared positions account for 7% of the total overlap.
What does IWN own that IWM doesn't?
3 positions (0.0% of IWN) are unique to IWN, led by Logistic Properties of The Americas, flyExclusive, Inc. and Arrive AI, Inc.. In the other direction, 538 positions (37.6% of IWM) are unique to IWM.