IYW vs XLC overlap - what they share and where they differ

IYW and XLC share 17.0% of their weight across 2 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.

IYW and XLC

17.0%

2 shared positions

IYW

iShares U.S. Technology ETF

Reported positions cover 100% of the fund, 135 positions · Apr 30, 2026

Top 10: 65.6%·Holdings of IYW

XLC

State Street(R) Communication Services Select Sector SPDR(R) ETF

Reported positions cover 100% of the fund, 20 positions · Jun 30, 2026

Top 10: 80.3%·Holdings of XLC

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

XLC vs IYW side by side

IYWiShares U.S. Technology ETF

135

stock positions reported to the SEC

83.0% of its weight is in 133 names XLC does not hold

XLCState Street(R) Communication Services Select Sector SPDR(R) ETF

20

stock positions reported to the SEC

56.4% of its weight is in 18 names IYW does not hold

Where each fund's weight sits

IYW
XLC
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
97.7%
49.6%
Communication Services
0.0%
45.6%
Basic Materials
0.9%
0.0%
Healthcare
0.7%
0.0%
Consumer Cyclical
0.3%
0.0%
Industrials
0.1%
0.0%

The widest gap is Technology: IYW has 48.1 points more of it.

The figures side by side

IYWXLC
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported13520
Weight of the ten largest65.6%80.3%
Largest positionNVDA 16.2%GOOGL 23.5%
Held alone133 positions, 83.0%18 positions, 56.4%
Covered by stock positions100%100%

Holdings they share

StockIn IYWIn XLCCounted
GOOGLALPHABET INC.14.17%23.50%14.17%
METAMETA PLATFORMS, INC.2.80%19.90%2.80%

What each holds alone

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

Only in IYW

NVDANVIDIA CORPORATION16.23%
AAPLAPPLE INC.13.63%
MSFTMICROSOFT CORPORATION3.99%
AVGOBROADCOM INC.3.78%
AMDADVANCED MICRO DEVICES, INC.3.50%
MUMICRON TECHNOLOGY, INC.2.98%
INTCINTEL CORPORATION2.56%
LRCXLAM RESEARCH CORPORATION1.98%
AMATAPPLIED MATERIALS, INC.1.92%
PLTRPALANTIR TECHNOLOGIES INC.1.86%

Only in XLC

TTWOTake-Two Interactive Software Inc5.25%
NFLXNetflix Inc4.84%
CMCSAComcast Corp4.70%
WBDWarner Bros Discovery Inc4.67%
ELECTRONIC ARTS INC4.63%
DISWalt Disney Co/The4.48%
TMUST-Mobile US Inc4.15%
VZVerizon Communications Inc4.14%
TAT&T Inc4.09%
LYVLive Nation Entertainment Inc3.49%

Questions people ask

Is IYW the same as XLC?

17.0% of their weight sits in the same 2 holdings. IYW also reports NVDA, AAPL, MSFT, which the other does not. XLC also reports TTWO, NFLX, CMCSA, which the other does not.

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

Which holds more, XLC or IYW?

IYW reports 135 stock positions and XLC reports 20. 83.0% of IYW's weight sits in names XLC does not hold, and 56.4% of XLC's weight in names IYW does not hold. The ten largest positions are 65.6% of IYW and 80.3% of XLC.

How do IYW and XLC differ by sector?

The widest gap is Technology: IYW has 48.1 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.

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.