IWO vs SKYY: Holdings Overlap
IWOiShares Russell 2000 Growth ETF
iShares · 1101 holdings · $14.8B · as of 2026-03-31
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
How similar are IWO and SKYY?
iShares Russell 2000 Growth ETF (IWO, by iShares) holds 1101 positions; First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62. They have 11 holdings in common, and by portfolio weight the two funds are 2.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11IWO holds 1101 · SKYY holds 62
- Weight in Shared Holdings
- IWO 2%·SKYY 14%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 IWO
1090 of 1101 positions (97.8% of the fund) are not held by SKYY. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWO | SKYY |
|---|---|---|
| Information Technology | 19.0% | 82.6% |
| Industrials | 23.7% | 0.6% |
| Health Care | 23.1% | 0.6% |
| Communication Services | 2.3% | 8.7% |
| Financials | 8.6% | 0.6% |
| Other Sectors | 19.2% | 3.7% |
| Unclassified | 4.0% | 3.1% |
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 (4% of IWO, 3% of SKYY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWO | +1.2% | +21.0% | +34.7% | +17.5% | +5.9% | +11.0% | 0.42% |
| SKYY | +12.3% | +20.1% | +27.6% | +25.7% | +8.0% | +17.1% | — |
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 IWO vs SKYY →
Shared Holdings(11)
The top 10 shared positions account for 98% of the overlap, led by DOCN, LUMN and QLYS.
 DOCNDigitalOcean Holdings Inc COM | 0.44% | 3.85% | 0.44% |
|---|---|---|---|
 LUMNLumen Technologies Inc COM | 0.39% | 3.02% | 0.39% |
 QLYSQualys Inc COM | 0.21% | 0.59% | 0.21% |
 WKWorkiva, Inc., Class A | 0.20% | 1.80% | 0.20% |
 QTWOQ2 Holdings Inc COM | 0.20% | 0.61% | 0.20% |
 BOXBox, Inc., Class A | 0.17% | 0.62% | 0.17% |
 BLBlackline Inc COM | 0.12% | 0.65% | 0.12% |
 FIVNFive9 Inc. COM | 0.08% | 0.80% | 0.08% |
 BLKBBlackbaud Inc COM | 0.08% | 0.49% | 0.08% |
 APPNAppian Corporation CL A | 0.06% | 0.71% | 0.06% |
 ASANAsana, Inc., Class A | 0.04% | 0.46% | 0.04% |
Frequently Asked Questions
How much do IWO and SKYY overlap?
IWO and SKYY overlap by 2.0% of portfolio weight. They share 11 holdings (IWO holds 1101 positions and SKYY holds 62), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWO and SKYY?
The two portfolios are 2.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IWO and SKYY?
The largest positions held by both funds are DOCN, LUMN, QLYS, WK and QTWO. Together the top 10 shared positions account for 98% of the total overlap.
What does IWO own that SKYY doesn't?
1090 positions (97.8% of IWO) are unique to IWO, led by BE, FN and CRDO. In the other direction, 51 positions (86.3% of SKYY) are unique to SKYY.