IWP vs QQEW: Holdings Overlap
IWPiShares Russell Mid-Cap Growth ETF
iShares · 277 holdings · $20.5B · as of 2026-03-31
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF
First Trust · 51 holdings · $1.8B · as of 2026-03-31
How similar are IWP and QQEW?
iShares Russell Mid-Cap Growth ETF (IWP, by iShares) holds 277 positions; First Trust Nasdaq-100 Select Equal Weight ETF (QQEW, by First Trust) holds 51. They have 11 holdings in common, and by portfolio weight the two funds are 10.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11IWP holds 277 · QQEW holds 51
- Weight in Shared Holdings
- IWP 10%·QQEW 22%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 IWP
266 of 277 positions (89.6% of the fund) are not held by QQEW. Showing the top 30 by weight.
Only in QQEW
40 of 51 positions (78.3% of the fund) are not held by IWP. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWP | QQEW |
|---|---|---|
| Information Technology | 15.6% | 49.6% |
| Industrials | 24.4% | 7.7% |
| Consumer Discretionary | 21.2% | 12.4% |
| Health Care | 14.9% | 16.3% |
| Communication Services | 4.9% | 10.0% |
| Other Sectors | 18.9% | 3.9% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWP | +1.5% | +5.4% | +3.1% | +14.6% | +5.1% | +12.1% | 0.34% |
| QQEW | +2.5% | +14.0% | +19.6% | +14.5% | +7.7% | +14.2% | 0.20% |
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 IWP vs QQEW →
Shared Holdings(11)
The top 10 shared positions account for 99% of the overlap, led by MPWR, IDXX and ALNY.
 MPWRMonolithic Power Systems Inc. COM | 1.82% | 2.09% | 1.82% |
|---|---|---|---|
 IDXXIDEXX Laboratories Inc. COM | 1.61% | 1.99% | 1.61% |
 ALNYAlnylam Pharmaceuticals Inc. COM | 1.51% | 2.16% | 1.51% |
 DDOGDatadog, Inc., Class A | 1.33% | 1.93% | 1.33% |
 AXONAxon Enterprise Inc COM | 1.16% | 1.75% | 1.16% |
 DXCMDexCom Inc COM | 0.88% | 1.91% | 0.88% |
 VRSKVerisk Analytics, Inc. COM | 0.57% | 1.92% | 0.57% |
 ZSZscaler Inc COM | 0.50% | 1.89% | 0.50% |
 ROSTRoss Stores Inc COM | 0.50% | 2.09% | 0.50% |
 PAYXPaychex Inc COM | 0.34% | 2.03% | 0.34% |
 CSGPCostar Group Inc COM | 0.08% | 1.92% | 0.08% |
Frequently Asked Questions
How much do IWP and QQEW overlap?
IWP and QQEW overlap by 10.3% of portfolio weight. They share 11 holdings (IWP holds 277 positions and QQEW holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWP and QQEW?
The two portfolios are 10.3% 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 IWP and QQEW?
The largest positions held by both funds are MPWR, IDXX, ALNY, DDOG and AXON. Together the top 10 shared positions account for 99% of the total overlap.
What does IWP own that QQEW doesn't?
266 positions (89.6% of IWP) are unique to IWP, led by VRT, HWM and RCL. In the other direction, 40 positions (78.3% of QQEW) are unique to QQEW.