IWD vs IWS overlap - what they share and where they differ

IWD and IWS share 27.2% of their weight across 640 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.

IWD and IWS

27.2%

640 shared positions

IWD

iShares Russell 1000 Value ETF

Reported positions cover 100% of the fund, 819 positions · Jun 30, 2026

Top 10: 27.8%·Holdings of IWD

IWS

iShares Russell Mid-Cap Value ETF

Reported positions cover 100% of the fund, 703 positions · Jun 30, 2026

Top 10: 5.9%·Holdings of IWS

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

IWS vs IWD side by side

IWDiShares Russell 1000 Value ETF

819

stock positions reported to the SEC

72.5% of its weight is in 179 names IWS does not hold

IWSiShares Russell Mid-Cap Value ETF

703

stock positions reported to the SEC

4.8% of its weight is in 63 names IWD does not hold

Where each fund's weight sits

IWD
IWS
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
22.4%
16.8%
Financial Services
15.6%
14.2%
Healthcare
12.8%
12.7%
Consumer Cyclical
12.5%
8.7%
Industrials
0.0%
9.9%
Consumer Defensive
6.2%
0.0%

The widest gap is Industrials: IWS has 9.9 points more of it.

The figures side by side

IWDIWS
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported819703
Weight of the ten largest27.8%5.9%
Largest positionAMZN 5.9%WBD 0.6%
Held alone179 positions, 72.5%63 positions, 4.8%
Covered by stock positions100%100%

Holdings they share

StockIn IWDIn IWSCounted
DLRDIGITAL REALTY TRUST, INC.0.18%0.62%0.18%
PSXPHILLIPS 660.18%0.62%0.18%
WBDWARNER BROS. DISCOVERY, INC.0.18%0.63%0.18%
ALLTHE ALLSTATE CORPORATION0.17%0.60%0.17%
HPEHEWLETT PACKARD ENTERPRISE COMPANY0.17%0.59%0.17%
KMIKINDER MORGAN, INC.0.17%0.61%0.17%
CTVACORTEVA, INC.0.16%0.56%0.16%
DALDELTA AIR LINES, INC.0.16%0.56%0.16%
OREALTY INCOME CORPORATION0.16%0.57%0.16%
AMEAMETEK, INC.0.15%0.54%0.15%

What each holds alone

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

Only in IWD

AMZNAMAZON.COM, INC.5.93%
AAPLAPPLE INC.5.37%
MSFTMICROSOFT CORPORATION3.88%
BRK.ABERKSHIRE HATHAWAY INC.2.61%
JPMORGAN CHASE & CO.2.45%
INTCINTEL CORPORATION1.72%
JNJJOHNSON & JOHNSON1.71%
EXXON MOBIL CORPORATION1.59%
CSCOCISCO SYSTEMS, INC.1.30%
WMTWALMART INC.1.27%

Only in IWS

FLEX LTD0.58%
ELECTRONIC ARTS INC0.43%
IRON MOUNTAIN INC (REIT)0.37%
PG&E CORP0.36%
SWSMURFIT WESTROCK PLC0.24%
FWONALIBERTY MEDIA CORP0.22%
STESTERIS PLC0.20%
NVENT ELECTRIC PLC0.16%
DICKS SPORTING GOODS INC0.14%
FLUTFLUTTER ENTERTAINMENT PLC0.14%

Questions people ask

Is IWD the same as IWS?

27.2% of their weight sits in the same 640 holdings. IWD also reports AMZN, AAPL, MSFT, which the other does not. IWS also reports FLEX LTD, ELECTRONIC ARTS INC, IRON MOUNTAIN INC (REIT), which the other does not.

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

Which holds more, IWS or IWD?

IWD reports 819 stock positions and IWS reports 703. 72.5% of IWD's weight sits in names IWS does not hold, and 4.8% of IWS's weight in names IWD does not hold. The ten largest positions are 27.8% of IWD and 5.9% of IWS.

How do IWD and IWS differ by sector?

The widest gap is Industrials: IWS has 9.9 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.