IWX vs VONV: Holdings Overlap
IWXiShares Russell Top 200 Value ETF
iShares · 154 holdings · $4.0B · as of 2026-03-31
VONVVanguard Russell 1000 Value Index Fund
Vanguard · 865 holdings · $21.9B · as of 2026-05-31
Holdings snapshots are 61 days apart (IWX: 2026-03-31, VONV: 2026-05-31). 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 VONV?
iShares Russell Top 200 Value ETF (IWX, by iShares) holds 154 positions; Vanguard Russell 1000 Value Index Fund (VONV, by Vanguard) holds 865. They have 154 holdings in common, and by portfolio weight the two funds are 65.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 65.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 154IWX holds 154 · VONV holds 865
- Weight in Shared Holdings
- IWX 100%·VONV 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 VONV, so it brings nothing the other fund doesn’t already own.
Only in VONV
711 of 865 positions (31.9% of the fund) are not held by IWX. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWX | VONV |
|---|---|---|
| Financials | 22.3% | 18.5% |
| Information Technology | 11.4% | 17.8% |
| Health Care | 13.6% | 10.6% |
| Industrials | 11.6% | 12.7% |
| Communication Services | 10.2% | 8.1% |
| Other Sectors | 30.8% | 31.8% |
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 |
|---|---|---|---|---|---|---|---|
| IWX | +4.2% | +23.5% | +36.3% | +20.0% | +12.9% | +12.2% | 1.36% |
| VONV | +4.0% | +23.4% | +34.7% | +19.1% | +12.1% | +11.8% | 1.52% |
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 VONV →
Shared Holdings(154)
The top 10 shared positions account for 30% of the overlap, led by BRK-B, GOOGL and JPM.
 BRK-BBerkshire Hathaway, Inc., Class B | 4.30% | 2.60% | 2.60% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 2.88% | 2.32% | 2.32% |
 JPMJPMorgan Chase & Co. COM | 3.89% | 2.27% | 2.27% |
 AMZNAmazon.com, Inc. COM | 2.67% | 2.12% | 2.12% |
 GOOGAlphabet Inc. CAP STK CL C | 2.34% | 1.89% | 1.89% |
 MUMicron Technology Inc. COM | 1.84% | 3.22% | 1.84% |
 XOMExxon Mobil Corp. COM | 3.49% | 1.82% | 1.82% |
 JNJJohnson & Johnson COM | 2.86% | 1.61% | 1.61% |
 CSCOCisco Systems, Inc. COM | 1.50% | 1.42% | 1.42% |
 WMTWalmart Inc COM | 2.37% | 1.35% | 1.35% |
 CATCaterpillar Inc COM | 1.40% | 1.06% | 1.06% |
 UNHUnitedHealth Group Inc. COM | 1.20% | 1.03% | 1.03% |
 CVXChevron Corp. COM | 1.88% | 1.02% | 1.02% |
 PGThe Procter & Gamble Co. COM | 1.65% | 1.00% | 1.00% |
 INTCIntel Corporation COM | 0.95% | 1.50% | 0.95% |
 BACBank of America Corp. COM | 1.43% | 0.93% | 0.93% |
 MRKMerck & Co., Inc COM | 1.45% | 0.88% | 0.88% |
 IBMInternational Business Machines Corp. COM | 1.10% | 0.82% | 0.82% |
 PMPhilip Morris International Inc. COM | 1.25% | 0.82% | 0.82% |
 GSGoldman Sachs Group, Inc. (The) | 1.14% | 0.81% | 0.81% |
 AMATApplied Materials Inc. COM | 0.94% | 0.76% | 0.76% |
 METAMeta Platforms, Inc., Class A | 1.08% | 0.73% | 0.73% |
 RTXRTX Corp. COM | 1.25% | 0.71% | 0.71% |
 WFCWells Fargo & Co. COM | 1.20% | 0.71% | 0.71% |
 MSMorgan Stanley COM NEW | 0.91% | 0.70% | 0.70% |
Frequently Asked Questions
How much do IWX and VONV overlap?
IWX and VONV overlap by 65.0% of portfolio weight. They share 154 holdings (IWX holds 154 positions and VONV holds 865), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWX and VONV?
The two portfolios are 65.0% 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 VONV?
The largest positions held by both funds are BRK-B, GOOGL, JPM, AMZN and GOOG. Together the top 10 shared positions account for 30% of the total overlap.
What does IWX own that VONV doesn't?
Nothing. Every position in IWX is also held by VONV. In the other direction, 711 positions (31.9% of VONV) are unique to VONV.