IWX vs SPYV: Holdings Overlap
IWXiShares Russell Top 200 Value ETF
iShares · 154 holdings · $4.0B · as of 2026-03-31
SPYVState Street® SPDR® Portfolio S&P 500® Value ETF
State Street (SPDR) · 438 holdings · $36.8B · as of 2026-08-06
Holdings snapshots are 128 days apart (IWX: 2026-03-31, SPYV: 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 IWX and SPYV?
iShares Russell Top 200 Value ETF (IWX, by iShares) holds 154 positions; State Street® SPDR® Portfolio S&P 500® Value ETF (SPYV, by State Street (SPDR)) holds 438. They have 130 holdings in common, and by portfolio weight the two funds are 50.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 50.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 130IWX holds 154 · SPYV holds 438
- Weight in Shared Holdings
- IWX 76%·SPYV 56%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
24 of 154 positions (23.4% of the fund) are not held by SPYV.
Sector Breakdown
| Sector | IWX | SPYV |
|---|---|---|
| Financials | 22.3% | 16.3% |
| Information Technology | 11.4% | 19.6% |
| Health Care | 13.6% | 12.4% |
| Industrials | 11.6% | 11.6% |
| Consumer Discretionary | 6.6% | 10.3% |
| Other Sectors | 34.4% | 29.7% |
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% |
| SPYV | +2.2% | +12.1% | +21.6% | +14.8% | +11.7% | +11.9% | 1.66% |
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 SPYV →
Shared Holdings(130)
The top 10 shared positions account for 26% of the overlap, led by AMZN, WMT and BAC.
 AMZNAmazon.com, Inc. COM | 2.67% | 4.18% | 2.67% |
|---|---|---|---|
 WMTWalmart Inc COM | 2.37% | 1.64% | 1.64% |
 BACBank of America Corp. COM | 1.43% | 1.37% | 1.37% |
 UNHUnitedHealth Group Inc. COM | 1.20% | 1.23% | 1.20% |
 CVXChevron Corp. COM | 1.88% | 1.18% | 1.18% |
 PGThe Procter & Gamble Co. COM | 1.65% | 1.14% | 1.14% |
 MRKMerck & Co., Inc COM | 1.45% | 1.06% | 1.06% |
 JPMJPMorgan Chase & Co. COM | 3.89% | 1.02% | 1.02% |
 INTCIntel Corporation COM | 0.95% | 1.58% | 0.95% |
 WFCWells Fargo & Co. COM | 1.20% | 0.89% | 0.89% |
 JNJJohnson & Johnson COM | 2.86% | 0.85% | 0.85% |
 CCitigroup Inc. COM NEW | 0.79% | 0.76% | 0.76% |
 LINLinde PLC COM EUR0.001 | 1.13% | 0.76% | 0.76% |
 CSCOCisco Systems, Inc. COM | 1.50% | 0.75% | 0.75% |
 TMOThermo Fisher Scientific Inc COM | 0.90% | 0.72% | 0.72% |
 VZVerizon Communications Inc. COM | 1.03% | 0.66% | 0.66% |
 KOCoca-Cola Co (The) COM | 0.74% | 0.65% | 0.65% |
 PEPPepsico Inc COM | 0.89% | 0.63% | 0.63% |
 ABTAbbott Laboratories COM | 0.86% | 0.63% | 0.63% |
 ADIAnalog Devices Inc. COM | 0.76% | 0.62% | 0.62% |
 DISWalt Disney Company COM | 0.83% | 0.61% | 0.61% |
 NEENextEra Energy Inc COM | 0.94% | 0.59% | 0.59% |
 SCHWThe Charles Schwab Corporation COM | 0.70% | 0.59% | 0.59% |
 UNPUnion Pacific Corporation COM | 0.65% | 0.59% | 0.59% |
 ETNEaton Corporation PLC COM USD0.01 | 0.68% | 0.58% | 0.58% |
Frequently Asked Questions
How much do IWX and SPYV overlap?
IWX and SPYV overlap by 50.5% of portfolio weight. They share 130 holdings (IWX holds 154 positions and SPYV holds 438), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWX and SPYV?
The two portfolios are 50.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of IWX and SPYV?
The largest positions held by both funds are AMZN, WMT, BAC, UNH and CVX. Together the top 10 shared positions account for 26% of the total overlap.
What does IWX own that SPYV doesn't?
24 positions (23.4% of IWX) are unique to IWX, led by BRK-B, XOM and GOOGL. In the other direction, 308 positions (44.2% of SPYV) are unique to SPYV.