IWY vs SPYG: Holdings Overlap
IWYiShares Russell Top 200 Growth ETF
iShares · 110 holdings · $16.6B · as of 2026-03-31
SPYGState Street® SPDR® Portfolio S&P 500® Growth ETF
State Street (SPDR) · 147 holdings · $54.7B · as of 2026-08-06
Holdings snapshots are 128 days apart (IWY: 2026-03-31, SPYG: 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 IWY and SPYG?
iShares Russell Top 200 Growth ETF (IWY, by iShares) holds 110 positions; State Street® SPDR® Portfolio S&P 500® Growth ETF (SPYG, by State Street (SPDR)) holds 147. They have 62 holdings in common, and by portfolio weight the two funds are 70.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 70.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 62IWY holds 110 · SPYG holds 147
- Weight in Shared Holdings
- IWY 90%·SPYG 80%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 IWY
48 of 110 positions (10.3% of the fund) are not held by SPYG. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWY | SPYG |
|---|---|---|
| Information Technology | 53.1% | 52.5% |
| Communication Services | 13.0% | 15.3% |
| Consumer Discretionary | 11.3% | 8.4% |
| Financials | 5.9% | 9.0% |
| Health Care | 7.5% | 6.1% |
| Other Sectors | 9.0% | 8.8% |
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 |
|---|---|---|---|---|---|---|---|
| IWY | +2.5% | +5.3% | +13.9% | +22.5% | +13.7% | +18.8% | 0.34% |
| SPYG | +4.4% | +15.6% | +25.4% | +26.9% | +14.2% | +17.9% | 0.47% |
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 IWY vs SPYG →
Shared Holdings(62)
The top 10 shared positions account for 76% of the overlap, led by NVDA, MSFT and AAPL.
 NVDANVIDIA Corp. COM | 14.62% | 14.58% | 14.58% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 9.91% | 10.20% | 9.91% |
 AAPLApple Inc. COM | 13.13% | 6.30% | 6.30% |
 AVGOBroadcom Inc COM | 4.31% | 5.47% | 4.31% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.93% | 5.76% | 3.93% |
 AMZNAmazon.com, Inc. COM | 4.46% | 3.88% | 3.88% |
 METAMeta Platforms, Inc., Class A | 3.42% | 3.56% | 3.42% |
 GOOGAlphabet Inc. CAP STK CL C | 3.20% | 4.63% | 3.20% |
 LLYEli Lilly & Co. COM | 2.88% | 2.59% | 2.59% |
 TSLATesla Inc COM | 3.52% | 1.53% | 1.53% |
 LRCXLam Research Corporation COM NEW | 1.14% | 1.05% | 1.05% |
 PLTRPalantir Technologies, Inc., Class A | 1.36% | 0.98% | 0.98% |
 VVisa, Inc., Class A | 2.16% | 0.93% | 0.93% |
 MAMasterCard Incorporated CL A | 1.71% | 0.86% | 0.86% |
 NFLXNetflix, Inc. COM | 1.73% | 0.85% | 0.85% |
 AMDAdvanced Micro Devices Inc. COM | 0.81% | 2.19% | 0.81% |
 GEVGE Vernova Inc. COM | 1.00% | 0.74% | 0.74% |
 KLACKLA Corp. COM NEW | 0.82% | 0.69% | 0.69% |
 APHAmphenol Corporation CL A | 0.66% | 0.58% | 0.58% |
 GEGE Aerospace COM NEW | 1.25% | 0.56% | 0.56% |
 ABBVAbbVie Inc. COM | 1.64% | 0.54% | 0.54% |
 ANETArista Networks Inc COM SHS | 0.54% | 0.55% | 0.54% |
 PANWPalo Alto Networks Inc COM | 0.55% | 0.45% | 0.45% |
 BKNGBooking Holdings Inc COM | 0.55% | 0.44% | 0.44% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.41% | 0.58% | 0.41% |
Frequently Asked Questions
How much do IWY and SPYG overlap?
IWY and SPYG overlap by 70.2% of portfolio weight. They share 62 holdings (IWY holds 110 positions and SPYG holds 147), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWY and SPYG?
The two portfolios are 70.2% 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 IWY and SPYG?
The largest positions held by both funds are NVDA, MSFT, AAPL, AVGO and GOOGL. Together the top 10 shared positions account for 76% of the total overlap.
What does IWY own that SPYG doesn't?
48 positions (10.3% of IWY) are unique to IWY, led by COST, HD and VRTX. In the other direction, 85 positions (19.8% of SPYG) are unique to SPYG.