IHI vs XLV overlap - what they share and where they differ

IHI and XLV share 12.7% of their weight across 13 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.

IHI and XLV

12.7%

13 shared positions

IHI

iShares U.S. Medical Devices ETF

Reported positions cover 100% of the fund, 45 positions · Jun 30, 2026

Top 10: 74.6%·Holdings of IHI

XLV

State Street(R) Health Care Select Sector SPDR(R) ETF

Reported positions cover 100% of the fund, 59 positions · Jun 30, 2026

Top 10: 61.6%·Holdings of XLV

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

XLV vs IHI side by side

IHIiShares U.S. Medical Devices ETF

45

stock positions reported to the SEC

19.7% of its weight is in 32 names XLV does not hold

XLVState Street(R) Health Care Select Sector SPDR(R) ETF

59

stock positions reported to the SEC

87.0% of its weight is in 46 names IHI does not hold

Where each fund's weight sits

IHI
XLV
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Healthcare
87.2%
92.3%
Basic Materials
4.5%
0.7%
Consumer Cyclical
0.0%
3.7%
Consumer Defensive
0.0%
2.3%
Technology
0.4%
0.5%

The widest gap is Healthcare: XLV has 5.1 points more of it.

The figures side by side

IHIXLV
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported4559
Weight of the ten largest74.6%61.6%
Largest positionABT 16.9%LLY 16.5%
Held alone32 positions, 19.7%46 positions, 87.0%
Covered by stock positions100%100%

Holdings they share

StockIn IHIIn XLVCounted
ABTABBOTT LABORATORIES16.93%2.75%2.75%
ISRGINTUITIVE SURGICAL, INC.15.09%2.45%2.45%
SYKSTRYKER CORPORATION11.64%1.89%1.89%
BSXBOSTON SCIENTIFIC CORPORATION3.99%1.10%1.10%
EWEDWARDS LIFESCIENCES CORPORATION4.75%0.91%0.91%
BDXBECTON, DICKINSON AND COMPANY4.63%0.73%0.73%
IDXXIDEXX LABORATORIES, INC.4.27%0.72%0.72%
GEHCGE HEALTHCARE TECHNOLOGIES INC.4.51%0.51%0.51%
RMDRESMED INC.4.38%0.49%0.49%
DXCMDEXCOM, INC.4.02%0.45%0.45%

What each holds alone

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

Only in IHI

MEDTRONIC PUBLIC LIMITED COMPANY4.40%
STERIS PUBLIC LIMITED COMPANY3.20%
PENPENUMBRA, INC.1.92%
GMEDGLOBUS MEDICAL, INC.1.39%
GKOSGLAUKOS CORPORATION1.27%
TFXTELEFLEX INCORPORATED0.87%
LIVNLIVANOVA PLC0.70%
NVSTENVISTA HOLDINGS CORPORATION0.66%
IRTCIRHYTHM HOLDINGS, INC.0.61%
ITGRINTEGER HOLDINGS CORPORATION0.49%

Only in XLV

LLYEli Lilly & Co16.51%
JNJJohnson & Johnson10.64%
ABBVAbbVie Inc7.74%
UNHUnitedHealth Group Inc6.57%
MRKMerck & Co Inc5.52%
AMGNAmgen Inc3.40%
TMOThermo Fisher Scientific Inc3.24%
GILDGilead Sciences Inc2.73%
PFEPfizer Inc2.39%
CVSCVS Health Corp2.30%

Questions people ask

Is IHI the same as XLV?

12.7% of their weight sits in the same 13 holdings. IHI also reports MEDTRONIC PUBLIC LIMITED COMPANY, STERIS PUBLIC LIMITED COMPANY, PEN, which the other does not. XLV also reports LLY, JNJ, ABBV, which the other does not.

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

Which holds more, XLV or IHI?

IHI reports 45 stock positions and XLV reports 59. 19.7% of IHI's weight sits in names XLV does not hold, and 87.0% of XLV's weight in names IHI does not hold. The ten largest positions are 74.6% of IHI and 61.6% of XLV.

How do IHI and XLV differ by sector?

The widest gap is Healthcare: XLV has 5.1 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

XLV 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.