IWN vs SCHA: Holdings Overlap
IWNiShares Russell 2000 Value ETF
iShares · 1406 holdings · $14.7B · as of 2026-03-31
Schwab · 1705 holdings · $23.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (IWN: 2026-03-31, SCHA: 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 SCHA?
iShares Russell 2000 Value ETF (IWN, by iShares) holds 1406 positions; Schwab U.S. Small-Cap ETF (SCHA, by Schwab) holds 1705. They have 989 holdings in common, and by portfolio weight the two funds are 35.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 35.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 989IWN holds 1406 · SCHA holds 1705
- Weight in Shared Holdings
- IWN 90%·SCHA 40%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
417 of 1406 positions (10.0% of the fund) are not held by SCHA. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWN | SCHA |
|---|---|---|
| Financials | 22.4% | 15.1% |
| Information Technology | 8.0% | 22.1% |
| Industrials | 11.9% | 17.7% |
| Health Care | 10.0% | 13.4% |
| Consumer Discretionary | 8.7% | 9.3% |
| Other Sectors | 31.6% | 21.4% |
| Unclassified | 7.1% | 0.8% |
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, 1% of SCHA).
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% |
| SCHA | +1.0% | +22.8% | +36.7% | +17.1% | +7.9% | +10.8% | 1.02% |
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 SCHA →
Shared Holdings(989)
The top 10 shared positions account for 8% of the overlap, led by CDE, TTMI and ECHO.
 CDECoeur Mining, Inc. | 0.66% | 0.42% | 0.42% |
|---|---|---|---|
 TTMITTM Technologies, Inc. | 0.69% | 0.38% | 0.38% |
 ECHOEchoStar Corp., Class A | 1.09% | 0.37% | 0.37% |
 SANMSanmina Corp. | 0.26% | 0.30% | 0.26% |
 HUTHut 8 Corp. | 0.32% | 0.25% | 0.25% |
 HLHecla Mining Co. | 0.62% | 0.25% | 0.25% |
 NXTNextpower, Inc., Class A | 0.24% | 0.49% | 0.24% |
 VSATViasat, Inc. | 0.39% | 0.23% | 0.23% |
 CYTKCytokinetics, Inc. | 0.48% | 0.21% | 0.21% |
 UMBFUMB Financial Corp. | 0.52% | 0.20% | 0.20% |
 CTRECareTrust REIT, Inc. | 0.51% | 0.19% | 0.19% |
 PRAXPraxis Precision Medicines, Inc. | 0.53% | 0.19% | 0.19% |
 RIOTRiot Platforms, Inc. | 0.30% | 0.18% | 0.18% |
 AHRAmerican Healthcare REIT, Inc. | 0.38% | 0.18% | 0.18% |
 CMCCommercial Metals Co. | 0.47% | 0.18% | 0.18% |
 ENSEnerSys | 0.42% | 0.18% | 0.18% |
 ORAOrmat Technologies, Inc. | 0.47% | 0.18% | 0.18% |
 ONBOld National Bancorp/IN | 0.47% | 0.18% | 0.18% |
 FLRFluor Corp. | 0.52% | 0.16% | 0.16% |
 JXNJackson Financial, Inc., Class A | 0.50% | 0.15% | 0.15% |
 JBTMJBT Marel Corp. | 0.24% | 0.15% | 0.15% |
 SMSM Energy Co. | 0.54% | 0.15% | 0.15% |
 CIFRCipher Digital, Inc. | 0.29% | 0.15% | 0.15% |
 TRNOTerreno Realty Corp. | 0.43% | 0.14% | 0.14% |
 TEXTerex Corp. | 0.26% | 0.14% | 0.14% |
Showing the top 250 of 989 shared holdings by overlap weight.
Frequently Asked Questions
How much do IWN and SCHA overlap?
IWN and SCHA overlap by 35.8% of portfolio weight. They share 989 holdings (IWN holds 1406 positions and SCHA holds 1705), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWN and SCHA?
The two portfolios are 35.8% 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 SCHA?
The largest positions held by both funds are CDE, TTMI, ECHO, SANM and HUT. Together the top 10 shared positions account for 8% of the total overlap.
What does IWN own that SCHA doesn't?
417 positions (10.0% of IWN) are unique to IWN, led by SSRM, GLNG and 430. In the other direction, 716 positions (59.8% of SCHA) are unique to SCHA.