IBB vs IWM overlap - what they share and where they differ

IBB and IWM share 10.4% of their weight across 163 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.

IBB and IWM

10.4%

163 shared positions

IBB

iShares Biotechnology ETF

Reported positions cover 100% of the fund, 234 positions · Jun 30, 2026

Top 10: 44.8%·Holdings of IBB

IWM

iShares Russell 2000 ETF

Reported positions cover 100% of the fund, 1,785 positions · Jun 30, 2026

Top 10: 3.4%·Holdings of IWM

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

IWM vs IBB side by side

IBBiShares Biotechnology ETF

234

stock positions reported to the SEC

74.2% of its weight is in 71 names IWM does not hold

IWMiShares Russell 2000 ETF

1,785

stock positions reported to the SEC

89.4% of its weight is in 1,622 names IBB does not hold

Where each fund's weight sits

IBB
IWM
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Healthcare
98.0%
19.5%
Technology
0.5%
18.8%
Financial Services
0.0%
16.0%
Industrials
0.0%
9.9%
Basic Materials
0.6%
7.8%

The widest gap is Healthcare: IBB has 78.5 points more of it.

The figures side by side

IBBIWM
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported2341,785
Weight of the ten largest44.8%3.4%
Largest positionVRTX 8.1%MOG.A 0.4%
Held alone71 positions, 74.2%1,622 positions, 89.4%
Covered by stock positions100%100%

Holdings they share

StockIn IBBIn IWMCounted
CYTKCytokinetics, Inc.0.79%0.35%0.35%
KRYSKrystal Biotech, Inc.0.75%0.30%0.30%
ALKSAlkermes plc0.67%0.27%0.27%
PRAXPraxis Precision Medicines, Inc.0.68%0.26%0.26%
PCVXVaxcyte, Inc.0.64%0.24%0.24%
PTGXProtagonist Therapeutics, Inc.0.58%0.23%0.23%
KYMRKymera Therapeutics, Inc.0.64%0.22%0.22%
NUVALENT, INC.0.50%0.21%0.21%
PTCTPTC Therapeutics, Inc.0.51%0.21%0.21%
COGTCogent Biosciences, Inc.0.44%0.20%0.20%

What each holds alone

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

Only in IBB

VRTXVertex Pharmaceuticals, Inc.8.08%
AMGNAmgen, Inc.7.83%
GILDGilead Sciences, Inc.6.84%
REGNRegeneron Pharmaceuticals, Inc.4.91%
ARGXArgenx SE3.76%
ALNYAlnylam Pharmaceuticals, Inc.3.12%
NTRANatera, Inc.2.89%
RVMDRevolution Medicines, Inc.2.78%
BIIBBiogen, Inc.2.47%
ILMNIllumina, Inc.2.07%

Only in IWM

MOG.AMoog, Inc.0.38%
HUTHut 8 Corp.0.37%
BTSGBrightSpring Health Services, Inc.0.35%
VSATViasat, Inc.0.35%
AGXArgan, Inc.0.34%
MXLMaxLinear, Inc.0.34%
UMBFUMB Financial Corp.0.33%
COMPCompass Diversified Holdings0.32%
FROGJFrog Ltd.0.31%
RIOTRiot Platforms, Inc.0.30%

Questions people ask

Is IBB the same as IWM?

10.4% of their weight sits in the same 163 holdings. IBB also reports VRTX, AMGN, GILD, which the other does not. IWM also reports MOG.A, HUT, BTSG, which the other does not.

How is the overlap between IBB and IWM 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 IBB and 100% of IWM, so the number cannot exceed the smaller coverage.

Which holds more, IWM or IBB?

IBB reports 234 stock positions and IWM reports 1,785. 74.2% of IBB's weight sits in names IWM does not hold, and 89.4% of IWM's weight in names IBB does not hold. The ten largest positions are 44.8% of IBB and 3.4% of IWM.

How do IBB and IWM differ by sector?

The widest gap is Healthcare: IBB has 78.5 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.

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.