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

IYW and XLK share 72.4% of their weight across 58 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 XLK

72.4%

58 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

XLK

State Street(R) Technology Select Sector SPDR(R) ETF

Reported positions cover 100% of the fund, 74 positions · Jun 30, 2026

Top 10: 64.5%·Holdings of XLK

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

XLK vs IYW side by side

IYWiShares U.S. Technology ETF

135

stock positions reported to the SEC

23.0% of its weight is in 77 names XLK does not hold

XLKState Street(R) Technology Select Sector SPDR(R) ETF

74

stock positions reported to the SEC

8.3% of its weight is in 16 names IYW does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
97.7%
96.9%
Basic Materials
0.9%
1.1%
Healthcare
0.7%
1.0%
Consumer Cyclical
0.3%
0.4%
Industrials
0.1%
0.2%

No sector differs by more than a point between the two.

The figures side by side

IYWXLK
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported13574
Weight of the ten largest65.6%64.5%
Largest positionNVDA 16.2%NVDA 14.7%
Held alone77 positions, 23.0%16 positions, 8.3%
Covered by stock positions100%100%

Holdings they share

StockIn IYWIn XLKCounted
NVDANVIDIA CORPORATION16.23%14.65%14.65%
AAPLAPPLE INC.13.63%12.85%12.85%
MSFTMICROSOFT CORPORATION3.99%8.38%3.99%
AVGOBROADCOM INC.3.78%5.41%3.78%
AMDADVANCED MICRO DEVICES, INC.3.50%5.28%3.50%
MUMICRON TECHNOLOGY, INC.2.98%5.42%2.98%
INTCINTEL CORPORATION2.56%3.68%2.56%
LRCXLAM RESEARCH CORPORATION1.98%3.02%1.98%
AMATAPPLIED MATERIALS, INC.1.92%3.20%1.92%
TXNTEXAS INSTRUMENTS INCORPORATED1.57%1.51%1.51%

What each holds alone

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

Only in IYW

GOOGLALPHABET INC.14.17%
METAMETA PLATFORMS, INC.2.80%
VRTVERTIV HOLDINGS CO0.77%
NETCLOUDFLARE, INC.0.39%
DASHDOORDASH, INC.0.38%
MSTRSTRATEGY INC0.32%
SNOWSNOWFLAKE INC.0.28%
FLEX LTD.0.21%
ZMZOOM COMMUNICATIONS, INC.0.16%
ALABAstera Labs, Inc0.15%

Only in XLK

CSCOCisco Systems Inc2.58%
STXSeagate Technology Holdings PLC1.21%
ANETArista Networks Inc0.98%
ACNAccenture PLC0.43%
NXPINXP Semiconductors NV0.40%
CIENCiena Corp0.39%
MSIMotorola Solutions Inc0.38%
LITELumentum Holdings Inc0.37%
FLEX LTD0.33%
KEYSKeysight Technologies Inc0.33%

Questions people ask

Is IYW the same as XLK?

72.4% of their weight sits in the same 58 holdings. IYW also reports GOOGL, META, VRT, which the other does not. XLK also reports CSCO, STX, ANET, which the other does not.

How is the overlap between IYW and XLK 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 XLK, so the number cannot exceed the smaller coverage.

Which holds more, XLK or IYW?

IYW reports 135 stock positions and XLK reports 74. 23.0% of IYW's weight sits in names XLK does not hold, and 8.3% of XLK's weight in names IYW does not hold. The ten largest positions are 65.6% of IYW and 64.5% of XLK.

How do IYW and XLK differ by sector?

No sector differs by more than a point between the two. 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.