IYJ vs SPY: Holdings Overlap
IYJiShares U.S. Industrials ETF
iShares · 196 holdings · $2.0B · as of 2026-04-30
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (IYJ: 2026-04-30, SPY: 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 IYJ and SPY?
iShares U.S. Industrials ETF (IYJ, by iShares) holds 196 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 96 holdings in common, and by portfolio weight the two funds are 11.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 96IYJ holds 196 · SPY holds 504
- Weight in Shared Holdings
- IYJ 86%·SPY 11%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 IYJ
100 of 196 positions (13.7% of the fund) are not held by SPY. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYJ | SPY |
|---|---|---|
| Industrials | 71.0% | 8.8% |
| Information Technology | 3.9% | 37.6% |
| Financials | 18.9% | 12.3% |
| Communication Services | 0.0% | 9.7% |
| Consumer Discretionary | 0.3% | 9.3% |
| Other Sectors | 5.8% | 22.3% |
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 |
|---|---|---|---|---|---|---|---|
| IYJ | +2.4% | +14.0% | +19.0% | +16.9% | +9.3% | +12.7% | 0.70% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 IYJ vs SPY →
Shared Holdings(96)
The top 10 shared positions account for 43% of the overlap, led by V, MA and CAT.
 VVisa, Inc., Class A | 7.01% | 0.93% | 0.93% |
|---|---|---|---|
 MAMasterCard Incorporated CL A | 5.11% | 0.70% | 0.70% |
 CATCaterpillar Inc COM | 5.20% | 0.59% | 0.59% |
 GEGeneral Electric Co. | 3.81% | 0.59% | 0.59% |
 RTXRTX Corp. COM | 2.97% | 0.45% | 0.45% |
 GEVGE Vernova Inc. COM | 3.69% | 0.41% | 0.41% |
 BABoeing Co. (The) | 2.18% | 0.28% | 0.28% |
 AXPAmerican Express Company COM | 2.20% | 0.28% | 0.28% |
 UNPUnion Pacific Corporation COM | 2.03% | 0.26% | 0.26% |
 ETNEaton Corporation PLC COM USD0.01 | 2.14% | 0.26% | 0.26% |
 DEDeere & Company COM | 1.82% | 0.23% | 0.23% |
 COFCapital One Financial Corp. COM | 1.48% | 0.21% | 0.21% |
 PHParker-Hannifin Corp. COM | 1.45% | 0.20% | 0.20% |
 LMTLockheed Martin Corporation COM | 1.35% | 0.18% | 0.18% |
 HWMHowmet Aerospace Inc COM | 1.23% | 0.17% | 0.17% |
 ADPAutomatic Data Processing, Inc. COM | 1.08% | 0.16% | 0.16% |
 TTTrane Technologies PLC COM USD1 | 1.39% | 0.16% | 0.16% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 1.39% | 0.16% | 0.16% |
 PWRQuanta Services, Inc. COM | 1.35% | 0.15% | 0.15% |
 GDGeneral Dynamics Corporation COM | 1.10% | 0.15% | 0.15% |
 JCIJohnson Controls International PLC COM USD1.00 | 1.13% | 0.14% | 0.14% |
 MMM3M Company COM | 0.99% | 0.14% | 0.14% |
 CSXCSX Corporation COM | 1.08% | 0.14% | 0.14% |
 CMICummins Inc. COM | 1.17% | 0.13% | 0.13% |
 EMREmerson Electric Co. COM | 1.00% | 0.13% | 0.13% |
Frequently Asked Questions
How much do IYJ and SPY overlap?
IYJ and SPY overlap by 11.0% of portfolio weight. They share 96 holdings (IYJ holds 196 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYJ and SPY?
The two portfolios are 11.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of IYJ and SPY?
The largest positions held by both funds are V, MA, CAT, GE and RTX. Together the top 10 shared positions account for 43% of the total overlap.
What does IYJ own that SPY doesn't?
100 positions (13.7% of IYJ) are unique to IYJ, led by HON, RKLB and CW. In the other direction, 408 positions (89.0% of SPY) are unique to SPY.