SPYV vs IWD: Holdings Overlap
SPYVState Street® SPDR® Portfolio S&P 500® Value ETF
State Street (SPDR) · 438 holdings · $36.8B · as of 2026-08-06
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
Holdings snapshots are 128 days apart (SPYV: 2026-08-06, IWD: 2026-03-31). 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 SPYV and IWD?
State Street® SPDR® Portfolio S&P 500® Value ETF (SPYV, by State Street (SPDR)) holds 438 positions; iShares Russell 1000 Value ETF (IWD, by iShares) holds 866. They have 385 holdings in common, and by portfolio weight the two funds are 63.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 63.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 385SPYV holds 438 · IWD holds 866
- Weight in Shared Holdings
- SPYV 79%·IWD 72%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 SPYV
53 of 438 positions (21.3% of the fund) are not held by IWD. Showing the top 30 by weight.
Only in IWD
481 of 866 positions (27.5% of the fund) are not held by SPYV. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPYV | IWD |
|---|---|---|
| Financials | 16.3% | 20.0% |
| Information Technology | 19.6% | 11.7% |
| Industrials | 11.6% | 13.4% |
| Health Care | 12.4% | 11.7% |
| Consumer Discretionary | 10.3% | 7.0% |
| Other Sectors | 29.7% | 36.1% |
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 |
|---|---|---|---|---|---|---|---|
| SPYV | +2.2% | +12.1% | +21.6% | +14.8% | +11.7% | +11.9% | 1.66% |
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
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 SPYV vs IWD →
Shared Holdings(385)
The top 10 shared positions account for 18% of the overlap, led by AMZN, WMT and CVX.
 AMZNAmazon.com, Inc. COM | 4.18% | 1.81% | 1.81% |
|---|---|---|---|
 WMTWalmart Inc COM | 1.64% | 1.60% | 1.60% |
 CVXChevron Corp. COM | 1.18% | 1.28% | 1.18% |
 PGThe Procter & Gamble Co. COM | 1.14% | 1.12% | 1.12% |
 JPMJPMorgan Chase & Co. COM | 1.02% | 2.63% | 1.02% |
 MRKMerck & Co., Inc COM | 1.06% | 0.98% | 0.98% |
 BACBank of America Corp. COM | 1.37% | 0.97% | 0.97% |
 JNJJohnson & Johnson COM | 0.85% | 1.94% | 0.85% |
 WFCWells Fargo & Co. COM | 0.89% | 0.81% | 0.81% |
 UNHUnitedHealth Group Inc. COM | 1.23% | 0.81% | 0.81% |
 LINLinde PLC COM EUR0.001 | 0.76% | 0.77% | 0.76% |
 CSCOCisco Systems, Inc. COM | 0.75% | 1.02% | 0.75% |
 VZVerizon Communications Inc. COM | 0.66% | 0.70% | 0.66% |
 INTCIntel Corporation COM | 1.58% | 0.64% | 0.64% |
 TMOThermo Fisher Scientific Inc COM | 0.72% | 0.61% | 0.61% |
 PEPPepsico Inc COM | 0.63% | 0.60% | 0.60% |
 NEENextEra Energy Inc COM | 0.59% | 0.64% | 0.59% |
 ABTAbbott Laboratories COM | 0.63% | 0.58% | 0.58% |
 DISWalt Disney Company COM | 0.61% | 0.56% | 0.56% |
 TAT&T Inc COM | 0.55% | 0.66% | 0.55% |
 CCitigroup Inc. COM NEW | 0.76% | 0.53% | 0.53% |
 ADIAnalog Devices Inc. COM | 0.62% | 0.51% | 0.51% |
 PFEPfizer Inc. COM | 0.50% | 0.52% | 0.50% |
 KOCoca-Cola Co (The) COM | 0.65% | 0.50% | 0.50% |
 CRMSalesforce Inc. COM | 0.51% | 0.50% | 0.50% |
Showing the top 250 of 385 shared holdings by overlap weight.
Frequently Asked Questions
How much do SPYV and IWD overlap?
SPYV and IWD overlap by 63.0% of portfolio weight. They share 385 holdings (SPYV holds 438 positions and IWD holds 866), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPYV and IWD?
The two portfolios are 63.0% 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 SPYV and IWD?
The largest positions held by both funds are AMZN, WMT, CVX, PG and JPM. Together the top 10 shared positions account for 18% of the total overlap.
What does SPYV own that IWD doesn't?
53 positions (21.3% of SPYV) are unique to SPYV, led by AAPL, XOM and COST. In the other direction, 481 positions (27.5% of IWD) are unique to IWD.