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

IWS and VOE share 40.3% of their weight across 133 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.

IWS and VOE

40.3%

133 shared positions

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

VOE

VANGUARD MID-CAP VALUE INDEX FUND

Reported positions cover 99% of the fund, 168 positions · Jun 30, 2026

Top 10: 12.6%·Holdings of VOE

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

VOE vs IWS side by side

IWSiShares Russell Mid-Cap Value ETF

703

stock positions reported to the SEC

58.6% of its weight is in 570 names VOE does not hold

VOEVANGUARD MID-CAP VALUE INDEX FUND

168

stock positions reported to the SEC

28.9% of its weight is in 35 names IWS does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
16.8%
11.5%
Financial Services
14.2%
15.9%
Healthcare
12.7%
9.0%
Utilities
0.0%
12.4%
Consumer Cyclical
8.7%
10.1%
Industrials
9.9%
0.0%

The widest gap is Utilities: VOE has 12.4 points more of it.

The figures side by side

IWSVOE
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported703168
Weight of the ten largest5.9%12.6%
Largest positionWBD 0.6%CMI 1.7%
Held alone570 positions, 58.6%35 positions, 28.9%
Covered by stock positions100%99%

Holdings they share

StockIn IWSIn VOECounted
WBDWARNER BROS. DISCOVERY INC0.63%1.10%0.63%
DLRDIGITAL REALTY TRUST INC0.62%1.09%0.62%
PSXPHILLIPS 660.62%1.17%0.62%
ALLALLSTATE CORP (THE)0.60%1.06%0.60%
HPEHEWLETT PACKARD ENTERPRISE COMPANY0.59%1.03%0.59%
CTVACORTEVA INC0.56%0.98%0.56%
DALDELTA AIR LINES INC0.56%1.01%0.56%
BKRBAKER HUGHES COMPANY0.54%0.95%0.54%
OKEONEOK INC0.54%0.94%0.54%
FFORD MOTOR CO0.53%0.94%0.53%

What each holds alone

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

Only in IWS

FLEX LTD0.58%
OREALTY INCOME CORP0.57%
AMEAMETEK INC0.54%
COHRCOHERENT CORP0.54%
EWEDWARDS LIFESCIENCES CORP0.51%
VTRVENTAS INC0.42%
DHID.R. HORTON INC0.40%
XYZBLOCK INC0.39%
GRMNGARMIN LTD0.38%
AAGILENT TECHNOLOGIES INC0.37%

Only in VOE

CMICummins Inc1.70%
VLOValero Energy Corp1.33%
CRHCRH PLC1.23%
GMGeneral Motors Co1.20%
SLBSLB Ltd1.20%
SPGSimon Property Group Inc1.19%
PCARPACCAR Inc1.09%
SEMPRA1.05%
DDominion Energy Inc1.04%
AJGArthur J Gallagher & Co1.02%

Questions people ask

Is IWS the same as VOE?

40.3% of their weight sits in the same 133 holdings. IWS also reports FLEX LTD, O, AME, which the other does not. VOE also reports CMI, VLO, CRH, which the other does not.

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

Which holds more, VOE or IWS?

IWS reports 703 stock positions and VOE reports 168. 58.6% of IWS's weight sits in names VOE does not hold, and 28.9% of VOE's weight in names IWS does not hold. The ten largest positions are 5.9% of IWS and 12.6% of VOE.

How do IWS and VOE differ by sector?

The widest gap is Utilities: VOE has 12.4 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.

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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.