IWP vs XMHQ: Holdings Overlap
IWPiShares Russell Mid-Cap Growth ETF
iShares · 277 holdings · $20.5B · as of 2026-03-31
XMHQInvesco S&P MidCap Quality ETF
Invesco · 80 holdings · $5.5B · as of 2026-04-30
Holdings snapshots are 30 days apart (IWP: 2026-03-31, XMHQ: 2026-04-30). 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 IWP and XMHQ?
iShares Russell Mid-Cap Growth ETF (IWP, by iShares) holds 277 positions; Invesco S&P MidCap Quality ETF (XMHQ, by Invesco) holds 80. They have 25 holdings in common, and by portfolio weight the two funds are 4.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 25IWP holds 277 · XMHQ holds 80
- Weight in Shared Holdings
- IWP 4%·XMHQ 34%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
252 of 277 positions (95.6% of the fund) are not held by XMHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWP | XMHQ |
|---|---|---|
| Industrials | 24.4% | 28.5% |
| Consumer Discretionary | 21.2% | 9.5% |
| Health Care | 14.9% | 19.7% |
| Information Technology | 15.6% | 8.4% |
| Financials | 8.5% | 15.1% |
| Other Sectors | 15.3% | 18.8% |
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% |
| XMHQ | +4.3% | +16.0% | +18.7% | +14.6% | +10.6% | +13.0% | 0.55% |
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 XMHQ →
Shared Holdings(25)
The top 10 shared positions account for 72% of the overlap, led by PEN, TXRH and MEDP.
 PENPenumbra, Inc. | 0.45% | 1.93% | 0.45% |
|---|---|---|---|
 TXRHTexas Roadhouse, Inc. | 0.39% | 1.48% | 0.39% |
 MEDPMedpace Holdings, Inc. | 0.39% | 2.54% | 0.39% |
 EXELExelixis, Inc. | 0.33% | 2.13% | 0.33% |
 MANHManhattan Associates, Inc. | 0.28% | 1.79% | 0.28% |
 KNSLKinsale Capital Group, Inc. | 0.27% | 1.19% | 0.27% |
 SFMSprouts Farmers Market, Inc. | 0.27% | 1.11% | 0.27% |
 HALOHalozyme Therapeutics, Inc. | 0.27% | 0.99% | 0.27% |
 CHWYChewy, Inc., Class A | 0.23% | 1.00% | 0.23% |
 BSYBentley Systems, Inc., Class B | 0.20% | 0.59% | 0.20% |
 VVVValvoline, Inc. | 0.14% | 0.61% | 0.14% |
 DUOLDuolingo, Inc., Class A | 0.13% | 0.50% | 0.13% |
 CRSCarpenter Technology Corp. | 0.12% | 2.72% | 0.12% |
 BWXTBWX Technologies, Inc. | 0.12% | 2.35% | 0.12% |
 DOCSDoximity, Inc., Class A | 0.11% | 0.50% | 0.11% |
 TWLOTwilio, Inc., Class A | 0.11% | 3.00% | 0.11% |
 HLIHoulihan Lokey, Inc., Class A | 0.11% | 1.14% | 0.11% |
 HLNEHamilton Lane, Inc., Class A | 0.09% | 0.58% | 0.09% |
 MORNMorningstar, Inc. | 0.09% | 0.56% | 0.09% |
 CSLCarlisle Cos., Inc. | 0.06% | 2.74% | 0.06% |
 LOPEGrand Canyon Education, Inc. | 0.05% | 0.89% | 0.05% |
 PEGAPegasystems, Inc. | 0.05% | 0.56% | 0.05% |
 28TTopBuild Corp. | 0.03% | 1.46% | 0.03% |
 CHEChemed Corp. | 0.02% | 0.84% | 0.02% |
 RLIRLI Corp. | 0.01% | 0.66% | 0.01% |
Frequently Asked Questions
How much do IWP and XMHQ overlap?
IWP and XMHQ overlap by 4.3% of portfolio weight. They share 25 holdings (IWP holds 277 positions and XMHQ holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWP and XMHQ?
The two portfolios are 4.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IWP and XMHQ?
The largest positions held by both funds are PEN, TXRH, MEDP, EXEL and MANH. Together the top 10 shared positions account for 72% of the total overlap.
What does IWP own that XMHQ doesn't?
252 positions (95.6% of IWP) are unique to IWP, led by VRT, HWM and RCL. In the other direction, 55 positions (66.1% of XMHQ) are unique to XMHQ.