IWY vs QUAL overlap - what they share and where they differ

IWY and QUAL share 44.6% of their weight across 34 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.

IWY and QUAL

44.6%

34 shared positions

IWY

iShares Russell Top 200 Growth ETF

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

Top 10: 62.8%·Holdings of IWY

QUAL

iShares MSCI USA Quality Factor ETF

Reported positions cover 100% of the fund, 120 positions · Apr 30, 2026

Top 10: 41.1%·Holdings of QUAL

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

QUAL vs IWY side by side

IWYiShares Russell Top 200 Growth ETF

100

stock positions reported to the SEC

39.3% of its weight is in 66 names QUAL does not hold

QUALiShares MSCI USA Quality Factor ETF

120

stock positions reported to the SEC

35.0% of its weight is in 86 names IWY does not hold

Where each fund's weight sits

IWY
QUAL
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
76.5%
47.0%
Financial Services
4.3%
11.3%
Healthcare
4.8%
9.7%
Consumer Cyclical
8.4%
9.2%
Industrials
1.8%
5.2%

The widest gap is Technology: IWY has 29.6 points more of it.

The figures side by side

IWYQUAL
Filing dateJun 30, 2026Apr 30, 2026
Stock positions reported100120
Weight of the ten largest62.8%41.1%
Largest positionNVDA 14.2%NVDA 6.5%
Held alone66 positions, 39.3%86 positions, 35.0%
Covered by stock positions100%100%

Holdings they share

StockIn IWYIn QUALCounted
NVDANVIDIA CORP14.16%6.50%6.50%
AAPLAPPLE INC7.14%6.27%6.27%
GOOGLALPHABET INC11.51%4.64%4.64%
MSFTMICROSOFT CORP4.56%5.04%4.56%
METAMETA PLATFORMS INC3.68%3.49%3.49%
LLYELI LILLY & COMPANY3.35%2.92%2.92%
AMATAPPLIED MATERIALS INC1.97%2.45%1.97%
VVISA INC1.95%3.08%1.95%
LRCXLAM RESEARCH CORP1.86%3.22%1.86%
CATCATERPILLAR INC1.67%2.52%1.67%

What each holds alone

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

Only in IWY

AVGOBROADCOM INC5.64%
MUMICRON TECHNOLOGY INC4.87%
TSLATESLA INC4.59%
AMDADVANCED MICRO DEVICES INC3.25%
GEGE AEROSPACE1.33%
SNDKSANDISK CORP1.14%
GEVGE VERNOVA INC1.09%
PANWPALO ALTO NETWORKS INC0.95%
TXNTEXAS INSTRUMENTS INC0.93%
HDHOME DEPOT INC (THE)0.90%

Only in QUAL

BRK.ABERKSHIRE HATHAWAY INC.2.11%
JNJJOHNSON & JOHNSON1.92%
SLBSLB N.V.1.56%
QCOMQUALCOMM INCORPORATED1.41%
ATOATMOS ENERGY CORPORATION1.21%
MRKMERCK & CO., INC.1.08%
CMGCHIPOTLE MEXICAN GRILL, INC.1.02%
UNHUNITEDHEALTH GROUP INCORPORATED1.02%
NKENIKE, INC.0.93%
PGTHE PROCTER & GAMBLE COMPANY0.93%

Questions people ask

Is IWY the same as QUAL?

44.6% of their weight sits in the same 34 holdings. IWY also reports AVGO, MU, TSLA, which the other does not. QUAL also reports BRK.A, JNJ, SLB, which the other does not.

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

Which holds more, QUAL or IWY?

IWY reports 100 stock positions and QUAL reports 120. 39.3% of IWY's weight sits in names QUAL does not hold, and 35.0% of QUAL's weight in names IWY does not hold. The ten largest positions are 62.8% of IWY and 41.1% of QUAL.

How do IWY and QUAL differ by sector?

The widest gap is Technology: IWY has 29.6 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

IWY 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.