IWN vs VTWO overlap - what they share and where they differ

IWN and VTWO share 43.2% of their weight across 1,026 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.

IWN and VTWO

43.2%

1,026 shared positions

IWN

iShares Russell 2000 Value ETF

Reported positions cover 99% of the fund, 1,288 positions · Jun 30, 2026

Top 10: 5.5%·Holdings of IWN

VTWO

VANGUARD RUSSELL 2000 INDEX FUND

Reported positions cover 100% of the fund, 1,641 positions · May 31, 2026

Top 10: 7.8%·Holdings of VTWO

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

VTWO vs IWN side by side

IWNiShares Russell 2000 Value ETF

1,288

stock positions reported to the SEC

11.7% of its weight is in 262 names VTWO does not hold

VTWOVANGUARD RUSSELL 2000 INDEX FUND

1,641

stock positions reported to the SEC

51.8% of its weight is in 615 names IWN does not hold

Where each fund's weight sits

IWN
VTWO
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
10.1%
25.5%
Financial Services
25.3%
13.3%
Healthcare
11.0%
15.8%
Real Estate
11.2%
0.0%
Industrials
10.8%
11.0%
Basic Materials
0.0%
7.3%

The widest gap is Technology: VTWO has 15.4 points more of it.

The figures side by side

IWNVTWO
Filing dateJun 30, 2026May 31, 2026
Stock positions reported1,2881,641
Weight of the ten largest5.5%7.8%
Largest positionVSAT 0.7%BE 1.8%
Held alone262 positions, 11.7%615 positions, 51.8%
Covered by stock positions99%100%

Holdings they share

StockIn IWNIn VTWOCounted
HUTHut 8 Corp.0.36%0.36%0.36%
LUMNLumen Technologies, Inc.0.48%0.31%0.31%
CYTKCytokinetics, Inc.0.65%0.29%0.29%
VSATViasat, Inc.0.74%0.29%0.29%
UMBFUMB Financial Corp.0.62%0.28%0.28%
CTRECareTrust REIT, Inc.0.59%0.27%0.27%
CMCCommercial Metals Co.0.38%0.25%0.25%
ONBOld National Bancorp0.52%0.25%0.25%
ORAOrmat Technologies, Inc.0.40%0.25%0.25%
FLRFluor Corp.0.34%0.22%0.22%

What each holds alone

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

Only in IWN

JBTMJBT Marel Corp.0.50%
TAYLOR MORRISON HOME CORP.0.44%
NEW JERSEY RESOURCES CORP.0.37%
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL, INC.0.33%
BROOKFIELD INFRASTRUCTURE CORP.0.31%
UNFUniFirst Corp.0.25%
GEO GROUP, INC. (THE)0.24%
TELEPHONE & DATA SYSTEMS, INC.0.24%
HIWHighwoods Properties, Inc.0.22%
HB FULLER CO.0.21%

Only in VTWO

BEBloom Energy Corp1.83%
CRDOCredo Technology Group Holding Ltd1.12%
STRLSterling Infrastructure Inc0.75%
FNFabrinet0.69%
NXTNextpower Inc0.67%
IONQIonQ Inc0.63%
CDECoeur Mining Inc0.58%
TTMITTM Technologies Inc0.52%
ECHOEchoStar Corp0.51%
GHGuardant Health Inc0.47%

Questions people ask

Is IWN the same as VTWO?

43.2% of their weight sits in the same 1,026 holdings. IWN also reports JBTM, TAYLOR MORRISON HOME CORP., NEW JERSEY RESOURCES CORP., which the other does not. VTWO also reports BE, CRDO, STRL, which the other does not.

How is the overlap between IWN and VTWO measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of IWN and 100% of VTWO, so the number cannot exceed the smaller coverage.

Which holds more, VTWO or IWN?

IWN reports 1,288 stock positions and VTWO reports 1,641. 11.7% of IWN's weight sits in names VTWO does not hold, and 51.8% of VTWO's weight in names IWN does not hold. The ten largest positions are 5.5% of IWN and 7.8% of VTWO.

How do IWN and VTWO differ by sector?

The widest gap is Technology: VTWO has 15.4 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.