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

IYZ and XLC share 18.5% of their weight across 6 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.

IYZ and XLC

18.5%

6 shared positions

IYZ

iShares U.S. Telecommunications ETF

Reported positions cover 100% of the fund, 22 positions · Jun 30, 2026

Top 10: 69.5%·Holdings of IYZ

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 IYZ 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 IYZ side by side

IYZiShares U.S. Telecommunications ETF

22

stock positions reported to the SEC

72.6% of its weight is in 16 names XLC does not hold

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

20

stock positions reported to the SEC

79.6% of its weight is in 14 names IYZ does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
54.2%
49.6%
Communication Services
43.1%
45.6%

The widest gap is Technology: IYZ has 4.6 points more of it.

The figures side by side

IYZXLC
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported2220
Weight of the ten largest69.5%80.3%
Largest positionCSCO 22.6%GOOGL 23.5%
Held alone16 positions, 72.6%14 positions, 79.6%
Covered by stock positions100%100%

Holdings they share

StockIn IYZIn XLCCounted
VZVERIZON COMMUNICATIONS INC.10.97%4.14%4.14%
TAT&T INC.4.16%4.09%4.09%
CMCSACOMCAST CORPORATION3.79%4.70%3.79%
TMUST-MOBILE US, INC.3.34%4.15%3.34%
ECHOECHOSTAR CORPORATION2.34%1.67%1.67%
CHTRCHARTER COMMUNICATIONS, INC.2.70%1.43%1.43%

What each holds alone

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

Only in IYZ

CSCOCISCO SYSTEMS, INC.22.59%
ANETARISTA NETWORKS, INC.11.01%
CIENCIENA CORPORATION3.63%
MSIMOTOROLA SOLUTIONS, INC.3.42%
SPCXSPACE EXPLORATION TECHNOLOGIES CORP.3.38%
LITELUMENTUM HOLDINGS INC.3.19%
IRDMIRIDIUM COMMUNICATIONS INC.2.95%
ASTSAST SPACEMOBILE, INC.2.78%
ROKUROKU, INC.2.63%
LIBERTY BROADBAND CORPORATION2.60%

Only in XLC

GOOGLAlphabet Inc23.50%
METAMeta Platforms Inc19.90%
TTWOTake-Two Interactive Software Inc5.25%
NFLXNetflix Inc4.84%
WBDWarner Bros Discovery Inc4.67%
ELECTRONIC ARTS INC4.63%
DISWalt Disney Co/The4.48%
LYVLive Nation Entertainment Inc3.49%
OMCOmnicom Group Inc2.50%
FOXFox Corp2.04%

Questions people ask

Is IYZ the same as XLC?

18.5% of their weight sits in the same 6 holdings. IYZ also reports CSCO, ANET, CIEN, which the other does not. XLC also reports GOOGL, META, TTWO, which the other does not.

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

Which holds more, XLC or IYZ?

IYZ reports 22 stock positions and XLC reports 20. 72.6% of IYZ's weight sits in names XLC does not hold, and 79.6% of XLC's weight in names IYZ does not hold. The ten largest positions are 69.5% of IYZ and 80.3% of XLC.

How do IYZ and XLC differ by sector?

The widest gap is Technology: IYZ has 4.6 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.

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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.