IWN vs REGL: Holdings Overlap
IWNiShares Russell 2000 Value ETF
iShares · 1406 holdings · $14.7B · as of 2026-03-31
REGLProShares S&P MidCap 400 Dividend Aristocrats ETF
ProShares · 65 holdings · $1.8B · as of 2026-05-31
Holdings snapshots are 61 days apart (IWN: 2026-03-31, REGL: 2026-05-31). 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 IWN and REGL?
iShares Russell 2000 Value ETF (IWN, by iShares) holds 1406 positions; ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL, by ProShares) holds 65. They have 14 holdings in common, and by portfolio weight the two funds are 4.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14IWN holds 1406 · REGL holds 65
- Weight in Shared Holdings
- IWN 4%·REGL 22%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
1392 of 1406 positions (95.2% of the fund) are not held by REGL. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWN | REGL |
|---|---|---|
| Financials | 22.4% | 30.9% |
| Utilities | 5.3% | 15.1% |
| Industrials | 11.9% | 13.6% |
| Materials | 5.1% | 13.4% |
| Health Care | 10.0% | 3.2% |
| Other Sectors | 37.9% | 23.6% |
| Unclassified | 7.1% | 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 (7% of IWN, 0% of REGL).
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% |
| REGL | +3.7% | +14.8% | +18.4% | +12.5% | +8.5% | +9.8% | 2.13% |
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 REGL →
Shared Holdings(14)
The top 10 shared positions account for 85% of the overlap, led by UMBF, POR and UBSI.
 UMBFUMB Financial Corp. | 0.52% | 1.68% | 0.52% |
|---|---|---|---|
 PORPortland General Electric Co. | 0.41% | 1.56% | 0.41% |
 UBSIUnited Bankshares, Inc. | 0.40% | 1.56% | 0.40% |
 GATXGATX Corp. | 0.39% | 1.33% | 0.39% |
 NJRNew Jersey Resources Corp. | 0.38% | 1.57% | 0.38% |
 SRSpire, Inc. | 0.36% | 1.44% | 0.36% |
 BKHBlack Hills Corp. | 0.36% | 1.56% | 0.36% |
 OGSONE Gas, Inc. | 0.36% | 1.40% | 0.36% |
 HOMBHome BancShares, Inc. | 0.35% | 1.56% | 0.35% |
 NWENorthwestern Energy Group, Inc. | 0.28% | 1.57% | 0.28% |
 AVNTAvient Corp. | 0.23% | 1.46% | 0.23% |
 IBOCInternational Bancshares Corp. | 0.23% | 1.59% | 0.23% |
 PIIPolaris, Inc. | 0.20% | 1.80% | 0.20% |
 CBTCabot Corp. | 0.02% | 1.81% | 0.02% |
Frequently Asked Questions
How much do IWN and REGL overlap?
IWN and REGL overlap by 4.5% of portfolio weight. They share 14 holdings (IWN holds 1406 positions and REGL holds 65), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWN and REGL?
The two portfolios are 4.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IWN and REGL?
The largest positions held by both funds are UMBF, POR, UBSI, GATX and NJR. Together the top 10 shared positions account for 85% of the total overlap.
What does IWN own that REGL doesn't?
1392 positions (95.2% of IWN) are unique to IWN, led by ECHO, TTMI and CDE. In the other direction, 51 positions (77.8% of REGL) are unique to REGL.