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

IBB and IWO share 15.3% of their weight across 118 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 IWO

15.3%

118 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

IWO

iShares Russell 2000 Growth ETF

Reported positions cover 99% of the fund, 975 positions · Jun 30, 2026

Top 10: 6.1%·Holdings of IWO

Reported positions cover IBB 100%, IWO 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

IWO vs IBB side by side

IBBiShares Biotechnology ETF

234

stock positions reported to the SEC

76.5% of its weight is in 116 names IWO does not hold

IWOiShares Russell 2000 Growth ETF

975

stock positions reported to the SEC

84.1% of its weight is in 857 names IBB does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Healthcare
98.0%
27.4%
Technology
0.5%
26.7%
Basic Materials
0.6%
9.0%
Industrials
0.0%
9.0%
Consumer Cyclical
0.0%
7.3%

The widest gap is Healthcare: IBB has 70.5 points more of it.

The figures side by side

IBBIWO
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported234975
Weight of the ten largest44.8%6.1%
Largest positionVRTX 8.1%MOG.A 0.7%
Held alone116 positions, 76.5%857 positions, 84.1%
Covered by stock positions100%99%

Holdings they share

StockIn IBBIn IWOCounted
KRYSKrystal Biotech, Inc.0.75%0.58%0.58%
PRAXPraxis Precision Medicines, Inc.0.68%0.51%0.51%
PTGXProtagonist Therapeutics, Inc.0.58%0.45%0.45%
ALKSAlkermes plc0.67%0.42%0.42%
NUVALENT, INC.0.50%0.40%0.40%
SYRESpyre Therapeutics, Inc.0.54%0.40%0.40%
COGTCogent Biosciences, Inc.0.44%0.39%0.39%
TWSTTwist Bioscience Corp.0.48%0.38%0.38%
RYTMRhythm Pharmaceuticals, Inc.0.57%0.37%0.37%
APGEApogee Therapeutics, Inc.0.59%0.36%0.36%

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 IWO

MOG.AMoog, Inc.0.73%
BTSGBrightSpring Health Services, Inc.0.68%
AGXArgan, Inc.0.66%
MXLMaxLinear, Inc.0.66%
FROGJFrog Ltd.0.59%
ESEESCO Technologies, Inc.0.56%
COMPCompass Diversified Holdings0.53%
FCFSFirstCash Holdings, Inc.0.53%
QBTSD-Wave Quantum, Inc.0.53%
SNEXStoneX Group, Inc.0.52%

Questions people ask

Is IBB the same as IWO?

15.3% of their weight sits in the same 118 holdings. IBB also reports VRTX, AMGN, GILD, which the other does not. IWO also reports MOG.A, BTSG, AGX, which the other does not.

How is the overlap between IBB and IWO 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 99% of IWO, so the number cannot exceed the smaller coverage.

Which holds more, IWO or IBB?

IBB reports 234 stock positions and IWO reports 975. 76.5% of IBB's weight sits in names IWO does not hold, and 84.1% of IWO's weight in names IBB does not hold. The ten largest positions are 44.8% of IBB and 6.1% of IWO.

How do IBB and IWO differ by sector?

The widest gap is Healthcare: IBB has 70.5 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.

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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.