IYW vs PHO: Holdings Overlap
IYWiShares U.S. Technology ETF
iShares · 139 holdings · $25.2B · as of 2026-04-30
PHOInvesco Water Resources ETF
Invesco · 36 holdings · $2.1B · as of 2026-04-30
How similar are IYW and PHO?
iShares U.S. Technology ETF (IYW, by iShares) holds 139 positions; Invesco Water Resources ETF (PHO, by Invesco) holds 36. They have 1 holdings in common, and by portfolio weight the two funds are 0.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1IYW holds 139 · PHO holds 36
- Weight in Shared Holdings
- IYW 0%·PHO 9%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 IYW
138 of 139 positions (99.7% of the fund) are not held by PHO. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYW | PHO |
|---|---|---|
| Information Technology | 80.4% | 13.0% |
| Industrials | 1.0% | 55.4% |
| Communication Services | 17.9% | 0.0% |
| Utilities | 0.0% | 12.8% |
| Health Care | 0.0% | 8.2% |
| Other Sectors | 0.5% | 8.1% |
| Unclassified | 0.0% | 2.5% |
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. “Unclassified” is weight we could not classify (0% of IYW, 2% of PHO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IYW | +4.4% | +27.3% | +39.7% | +32.8% | +19.8% | +24.9% | 0.10% |
| PHO | +5.7% | +4.5% | +3.2% | +8.8% | +5.6% | +12.2% | 0.55% |
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 IYW vs PHO →
Shared Holdings(1)
 ROPRoper Technologies Inc COM | 0.23% | 8.57% | 0.23% |
|---|
Frequently Asked Questions
How much do IYW and PHO overlap?
IYW and PHO overlap by 0.2% of portfolio weight. They share 1 holdings (IYW holds 139 positions and PHO holds 36), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYW and PHO?
The two portfolios are 0.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IYW and PHO?
The largest positions held by both funds are ROP. Together the top 1 shared positions account for 100% of the total overlap.
What does IYW own that PHO doesn't?
138 positions (99.7% of IYW) are unique to IYW, led by NVDA, AAPL and GOOGL. In the other direction, 35 positions (91.4% of PHO) are unique to PHO.