AIPO vs IWF overlap - what they share and where they differ

AIPO and IWF share 13.9% of their weight across 19 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

AIPO and IWF

13.9%

19 shared positions

AIPO

Defiance AI & Power Infrastructure ETF

Reported positions cover 100% of the fund, 75 positions · May 31, 2026

Top 10: 51.5%·Holdings of AIPO

IWF

iShares Russell 1000 Growth ETF

Reported positions cover 100% of the fund, 311 positions · Jun 30, 2026

Top 10: 57.2%·Holdings of IWF

Reported positions cover AIPO 100%, IWF 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

IWF vs AIPO side by side

AIPODefiance AI & Power Infrastructure ETF

75

stock positions reported to the SEC

47.0% of its weight is in 56 names IWF does not hold

IWFiShares Russell 1000 Growth ETF

311

stock positions reported to the SEC

74.6% of its weight is in 292 names AIPO does not hold

Where each fund's weight sits

AIPO
IWF
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
50.4%
72.0%
Industrials
15.5%
3.0%
Utilities
12.1%
0.0%
Consumer Cyclical
0.0%
8.1%
Basic Materials
6.9%
0.0%
Healthcare
0.0%
5.7%

The widest gap is Technology: IWF has 21.6 points more of it.

The figures side by side

AIPOIWF
Filing dateMay 31, 2026Jun 30, 2026
Stock positions reported75311
Weight of the ten largest51.5%57.2%
Largest positionPWR 7.9%NVDA 13.8%
Held alone56 positions, 47.0%292 positions, 74.6%
Covered by stock positions100%100%

Holdings they share

StockIn AIPOIn IWFCounted
AVGOBroadcom Inc4.12%5.21%4.12%
NVDANVIDIA Corp3.58%13.83%3.58%
AMDAdvanced Micro Devices Inc2.74%2.80%2.74%
GEVGE Vernova Inc7.21%0.94%0.94%
MRVLMarvell Technology Inc1.03%0.77%0.77%
VRTVertiv Holdings Co7.24%0.38%0.38%
PWRQuanta Services Inc7.91%0.32%0.32%
BEBloom Energy Corp4.75%0.24%0.24%
ALABAstera Labs Inc0.93%0.22%0.22%
VSTVistra Corp1.51%0.16%0.16%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in AIPO

EATON CORP PLC7.10%
CCJCameco Corp3.78%
NVENT ELECTRIC PLC1.87%
HUBBHubbell Inc1.70%
DDominion Energy Inc1.59%
XELXcel Energy Inc1.46%
GNRCGenerac Holdings Inc1.36%
PEGPublic Service Enterprise Grou1.15%
ARM HOLDINGS PLC1.02%
FCELFuelCell Energy Inc1.00%

Only in IWF

GOOGLALPHABET INC.11.15%
AAPLAPPLE INC.6.72%
MSFTMICROSOFT CORPORATION4.11%
MUMICRON TECHNOLOGY, INC.3.86%
TSLATESLA, INC.3.64%
METAMETA PLATFORMS, INC.3.00%
LLYELI LILLY AND COMPANY2.84%
AMATAPPLIED MATERIALS, INC.1.70%
VVISA INC.1.68%
LRCXLAM RESEARCH CORPORATION1.60%

Questions people ask

Is AIPO the same as IWF?

13.9% of their weight sits in the same 19 holdings. AIPO also reports EATON CORP PLC, CCJ, NVENT ELECTRIC PLC, which the other does not. IWF also reports GOOGL, AAPL, MSFT, which the other does not.

How is the overlap between AIPO and IWF measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of AIPO and 100% of IWF, so the number cannot exceed the smaller coverage.

Which holds more, IWF or AIPO?

AIPO reports 75 stock positions and IWF reports 311. 47.0% of AIPO's weight sits in names IWF does not hold, and 74.6% of IWF's weight in names AIPO does not hold. The ten largest positions are 51.5% of AIPO and 57.2% of IWF.

How do AIPO and IWF differ by sector?

The widest gap is Technology: IWF has 21.6 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Other pairs with these funds

IWF against other funds in the table

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.