IWN vs VDE: Holdings Overlap
IWNiShares Russell 2000 Value ETF
iShares · 1406 holdings · $14.7B · as of 2026-03-31
Vanguard · 105 holdings · $10.0B · as of 2026-05-31
Holdings snapshots are 61 days apart (IWN: 2026-03-31, VDE: 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 VDE?
iShares Russell 2000 Value ETF (IWN, by iShares) holds 1406 positions; Vanguard Energy Index Fund (VDE, by Vanguard) holds 105. They have 56 holdings in common, and by portfolio weight the two funds are 6.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 56IWN holds 1406 · VDE holds 105
- Weight in Shared Holdings
- IWN 8%·VDE 7%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
1350 of 1406 positions (91.8% of the fund) are not held by VDE. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWN | VDE |
|---|---|---|
| Energy | 8.5% | 99.5% |
| Financials | 22.4% | 0.0% |
| Industrials | 11.9% | 0.0% |
| Health Care | 10.0% | 0.0% |
| Consumer Discretionary | 8.7% | 0.0% |
| Other Sectors | 31.1% | 0.0% |
| 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 VDE).
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% |
| VDE | +5.2% | +30.6% | +40.8% | +13.4% | +22.8% | +9.4% | 2.48% |
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 VDE →
Shared Holdings(56)
The top 10 shared positions account for 41% of the overlap, led by SM, RIGN and VAL.
 SMSM Energy Co. COM | 0.54% | 0.33% | 0.33% |
|---|---|---|---|
 RIGNTransocean Ltd COM CHF0.10 | 0.42% | 0.29% | 0.29% |
 VALValaris Ltd. CL A | 0.42% | 0.28% | 0.28% |
 MURMurphy Oil Corporation COM | 0.39% | 0.24% | 0.24% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.31% | 0.23% | 0.23% |
 LBRTLiberty Energy, Inc., Class A | 0.31% | 0.23% | 0.23% |
 CNXCNX Resources Corporation COM | 0.37% | 0.23% | 0.23% |
 CNRCore Natural Resources Inc. COM SHS | 0.24% | 0.22% | 0.22% |
 PTENPatterson-UTI Energy Inc. COM | 0.26% | 0.22% | 0.22% |
 NENoble Corporation PLC ORD SHS A | 0.43% | 0.21% | 0.21% |
 CRCCalifornia Resources Corporation COM STOCK | 0.35% | 0.21% | 0.21% |
 HPHelmerich & Payne Inc COM | 0.25% | 0.19% | 0.19% |
 PBFPBF Energy, Inc., Class A | 0.28% | 0.19% | 0.19% |
 INSWInternational Seaways Inc. COM NPV | 0.20% | 0.18% | 0.18% |
 CRGYCrescent Energy, Inc., Class A | 0.24% | 0.17% | 0.17% |
 BTUPeabody Energy Corp. COM | 0.28% | 0.17% | 0.17% |
 PARRPar Pacific Holdings, Inc. COM NEW | 0.15% | 0.19% | 0.15% |
 CLMTCalumet Inc COM | 0.15% | 0.14% | 0.14% |
 SDRLSeadrill Ltd. COM USD0.01 | 0.13% | 0.15% | 0.13% |
 TALOTalos Energy Inc COM | 0.14% | 0.12% | 0.12% |
 NOGNorthern Oil And Gas, Inc. COM | 0.19% | 0.11% | 0.11% |
 PUMPProPetro Holding Corp. COM | 0.10% | 0.11% | 0.10% |
 WTTRSelect Water Solutions, Inc., Class A | 0.09% | 0.14% | 0.09% |
| Expro Group Holdings NV EUR0.01 | 0.10% | 0.09% | 0.09% |
 KOSKosmos Energy Ltd COM | 0.09% | 0.14% | 0.09% |
Frequently Asked Questions
How much do IWN and VDE overlap?
IWN and VDE overlap by 6.0% of portfolio weight. They share 56 holdings (IWN holds 1406 positions and VDE holds 105), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWN and VDE?
The two portfolios are 6.0% 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 VDE?
The largest positions held by both funds are SM, RIGN, VAL, MUR and MGY. Together the top 10 shared positions account for 41% of the total overlap.
What does IWN own that VDE doesn't?
1350 positions (91.8% of IWN) are unique to IWN, led by ECHO, TTMI and CDE. In the other direction, 49 positions (92.3% of VDE) are unique to VDE.