IWN vs XHB: Holdings Overlap
IWNiShares Russell 2000 Value ETF
iShares · 1406 holdings · $14.7B · as of 2026-03-31
XHBState Street® SPDR® S&P® Homebuilders ETF
State Street (SPDR) · 33 holdings · $1.5B · as of 2026-08-06
Holdings snapshots are 128 days apart (IWN: 2026-03-31, XHB: 2026-08-06). 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 XHB?
iShares Russell 2000 Value ETF (IWN, by iShares) holds 1406 positions; State Street® SPDR® S&P® Homebuilders ETF (XHB, by State Street (SPDR)) holds 33. They have 9 holdings in common, and by portfolio weight the two funds are 1.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9IWN holds 1406 · XHB holds 33
- Weight in Shared Holdings
- IWN 1%·XHB 15%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
1397 of 1406 positions (98.6% of the fund) are not held by XHB. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWN | XHB |
|---|---|---|
| Consumer Discretionary | 8.7% | 57.9% |
| Industrials | 11.9% | 41.6% |
| Financials | 22.4% | 0.0% |
| Health Care | 10.0% | 0.0% |
| Energy | 8.5% | 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 XHB).
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% |
| XHB | +1.3% | +8.1% | +3.6% | +10.1% | +8.8% | +12.8% | 0.71% |
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 XHB →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by MTH, MHO and KBH.
 MTHMeritage Homes Corp COM | 0.29% | 3.43% | 0.29% |
|---|---|---|---|
 MHOM/I Homes Inc. COM | 0.22% | 2.23% | 0.22% |
 KBHKB Home COM | 0.22% | 3.66% | 0.22% |
 CCSCentury Communities Inc COM | 0.10% | 1.41% | 0.10% |
 GRBKGreen Brick Partners Inc. COM | 0.09% | 1.01% | 0.09% |
 LGIHLGI Homes Inc COM | 0.06% | 1.25% | 0.06% |
 HOVHovnanian Enterprises, Inc., Class A | 0.04% | 0.70% | 0.04% |
 BZHBeazer Homes USA Inc. COM NEW | 0.04% | 0.87% | 0.04% |
 DFHDream Finders Homes, Inc., Class A | 0.02% | 0.47% | 0.02% |
Frequently Asked Questions
How much do IWN and XHB overlap?
IWN and XHB overlap by 1.1% of portfolio weight. They share 9 holdings (IWN holds 1406 positions and XHB holds 33), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWN and XHB?
The two portfolios are 1.1% 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 XHB?
The largest positions held by both funds are MTH, MHO, KBH, CCS and GRBK. Together the top 9 shared positions account for 100% of the total overlap.
What does IWN own that XHB doesn't?
1397 positions (98.6% of IWN) are unique to IWN, led by ECHO, TTMI and CDE. In the other direction, 24 positions (84.5% of XHB) are unique to XHB.