IWN vs VB: Holdings Overlap
IWNiShares Russell 2000 Value ETF
iShares · 1406 holdings · $14.7B · as of 2026-03-31
VBVanguard Small-cap Index Fund
Vanguard · 1312 holdings · $82.5B · as of 2026-03-31
How similar are IWN and VB?
iShares Russell 2000 Value ETF (IWN, by iShares) holds 1406 positions; Vanguard Small-cap Index Fund (VB, by Vanguard) holds 1312. They have 464 holdings in common, and by portfolio weight the two funds are 16.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 16.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 464IWN holds 1406 · VB holds 1312
- Weight in Shared Holdings
- IWN 68%·VB 17%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
942 of 1406 positions (31.8% of the fund) are not held by VB. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWN | VB |
|---|---|---|
| Financials | 22.4% | 13.4% |
| Industrials | 11.9% | 21.2% |
| Information Technology | 8.0% | 13.8% |
| Health Care | 10.0% | 11.6% |
| Consumer Discretionary | 8.7% | 10.5% |
| Other Sectors | 31.6% | 28.5% |
| Unclassified | 7.1% | 0.7% |
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 VB).
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% |
| VB | +2.5% | +19.5% | +29.1% | +15.9% | +8.1% | +11.3% | 1.18% |
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 VB →
Shared Holdings(464)
The top 10 shared positions account for 9% of the overlap, led by NXT, ECHO and HL.
 NXTNextpower Inc. CLASS A COM | 0.24% | 0.24% | 0.24% |
|---|---|---|---|
 ECHOEchoStar Corp., Class A | 1.09% | 0.22% | 0.22% |
 HLHecla Mining Company COM | 0.62% | 0.17% | 0.17% |
 CDECoeur Mining Inc COM NEW | 0.66% | 0.15% | 0.15% |
 TTMITTM Technologies Inc COM | 0.69% | 0.13% | 0.13% |
 AHRAmerican Healthcare REIT Inc. COM SHS | 0.38% | 0.12% | 0.12% |
 PCVXVaxcyte Inc COM | 0.50% | 0.12% | 0.12% |
 CTRECaretrust Reit Inc COM | 0.51% | 0.11% | 0.11% |
 CYTKCytokinetics Incorporated | 0.48% | 0.11% | 0.11% |
 ONBOld National Bancorp COM | 0.47% | 0.11% | 0.11% |
 UMBFUMB Financial Corporation | 0.52% | 0.11% | 0.11% |
 FORMFormfactor Inc COM | 0.13% | 0.11% | 0.11% |
 JXNJackson Financial, Inc., Class A | 0.50% | 0.10% | 0.10% |
 SMSM Energy Co. COM | 0.54% | 0.10% | 0.10% |
 FLRFluor Corporation COM | 0.52% | 0.10% | 0.10% |
 CMCCommercial Metals Company COM | 0.47% | 0.10% | 0.10% |
 SANMSanmina Corporation | 0.26% | 0.09% | 0.09% |
 TEXTerex Corporation COM | 0.26% | 0.09% | 0.09% |
 JBTMJBT Marel Corp. COM | 0.24% | 0.09% | 0.09% |
 OKLOOklo, Inc., Class A | 0.32% | 0.09% | 0.09% |
 RIGNTransocean Ltd COM CHF0.10 | 0.42% | 0.09% | 0.09% |
 ORAOrmat Technologies Inc. COM | 0.47% | 0.09% | 0.09% |
 ENSEnerSys COM | 0.42% | 0.09% | 0.09% |
 TRNOTerreno Realty Corporation COM | 0.43% | 0.09% | 0.09% |
 EPRTEssential Properties Realty Trust Inc. COM | 0.42% | 0.09% | 0.09% |
Showing the top 250 of 464 shared holdings by overlap weight.
Frequently Asked Questions
How much do IWN and VB overlap?
IWN and VB overlap by 16.3% of portfolio weight. They share 464 holdings (IWN holds 1406 positions and VB holds 1312), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWN and VB?
The two portfolios are 16.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of IWN and VB?
The largest positions held by both funds are NXT, ECHO, HL, CDE and TTMI. Together the top 10 shared positions account for 9% of the total overlap.
What does IWN own that VB doesn't?
942 positions (31.8% of IWN) are unique to IWN, led by SSRM, GLNG and 430. In the other direction, 848 positions (82.6% of VB) are unique to VB.