IWX vs IWD: Holdings Overlap
IWXiShares Russell Top 200 Value ETF
iShares · 154 holdings · $4.0B · as of 2026-03-31
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
How similar are IWX and IWD?
iShares Russell Top 200 Value ETF (IWX, by iShares) holds 154 positions; iShares Russell 1000 Value ETF (IWD, by iShares) holds 866. They have 154 holdings in common, and by portfolio weight the two funds are 67.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 67.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 154IWX holds 154 · IWD holds 866
- Weight in Shared Holdings
- IWX 100%·IWD 68%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 IWX
Every position in IWX is also held by IWD, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | IWX | IWD |
|---|---|---|
| Financials | 22.3% | 20.0% |
| Health Care | 13.6% | 11.7% |
| Industrials | 11.6% | 13.4% |
| Information Technology | 11.4% | 11.7% |
| Communication Services | 10.2% | 7.9% |
| Other Sectors | 30.8% | 35.1% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWX | +4.2% | +23.5% | +36.3% | +20.0% | +12.9% | +12.2% | 1.36% |
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
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 IWX vs IWD →
Shared Holdings(154)
The top 10 shared positions account for 29% of the overlap, led by BRK-B, JPM and XOM.
 BRK-BBerkshire Hathaway, Inc., Class B | 4.30% | 2.91% | 2.91% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 3.89% | 2.63% | 2.63% |
 XOMExxon Mobil Corp. COM | 3.49% | 2.36% | 2.36% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.88% | 1.95% | 1.95% |
 JNJJohnson & Johnson COM | 2.86% | 1.94% | 1.94% |
 AMZNAmazon.com, Inc. COM | 2.67% | 1.81% | 1.81% |
 WMTWalmart Inc COM | 2.37% | 1.60% | 1.60% |
 GOOGAlphabet Inc. CAP STK CL C | 2.34% | 1.59% | 1.59% |
 CVXChevron Corp. COM | 1.88% | 1.28% | 1.28% |
 MUMicron Technology Inc. COM | 1.84% | 1.24% | 1.24% |
 PGThe Procter & Gamble Co. COM | 1.65% | 1.12% | 1.12% |
 CSCOCisco Systems, Inc. COM | 1.50% | 1.02% | 1.02% |
 MRKMerck & Co., Inc COM | 1.45% | 0.98% | 0.98% |
 BACBank of America Corp. COM | 1.43% | 0.97% | 0.97% |
 CATCaterpillar Inc COM | 1.40% | 0.95% | 0.95% |
 RTXRTX Corp. COM | 1.25% | 0.85% | 0.85% |
 PMPhilip Morris International Inc. COM | 1.25% | 0.85% | 0.85% |
 WFCWells Fargo & Co. COM | 1.20% | 0.81% | 0.81% |
 UNHUnitedHealth Group Inc. COM | 1.20% | 0.81% | 0.81% |
 GSGoldman Sachs Group, Inc. (The) | 1.14% | 0.77% | 0.77% |
 LINLinde PLC COM EUR0.001 | 1.13% | 0.77% | 0.77% |
 IBMInternational Business Machines Corp. COM | 1.10% | 0.74% | 0.74% |
 METAMeta Platforms, Inc., Class A | 1.08% | 0.73% | 0.73% |
 VZVerizon Communications Inc. COM | 1.03% | 0.70% | 0.70% |
 MCDMcDonald's Corp. COM | 1.02% | 0.69% | 0.69% |
Frequently Asked Questions
How much do IWX and IWD overlap?
IWX and IWD overlap by 67.5% of portfolio weight. They share 154 holdings (IWX holds 154 positions and IWD holds 866), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWX and IWD?
The two portfolios are 67.5% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of IWX and IWD?
The largest positions held by both funds are BRK-B, JPM, XOM, GOOGL and JNJ. Together the top 10 shared positions account for 29% of the total overlap.
What does IWX own that IWD doesn't?
Nothing. Every position in IWX is also held by IWD. In the other direction, 712 positions (32.3% of IWD) are unique to IWD.