etf overlap · moderate overlap

IWF vs SSAC overlap

39% of IWF and SSAC is the same money, spread over 215 companies both funds hold.

Holdings as of October 14, 2026 · source: iShares (IWF), iShares (SSAC) · How we measured all 1,431 pairs

overlapfull holdings, by weight
39%of each fund is money the other holds at the same weight, across 215 shared companies.
IWF
39%58%
SSAC
39%56%
  • same money
  • same companies, extra weight
  • only in this fund
Overlap = the sum, over companies both funds hold, of the smaller of the two weights. Cash and derivatives excluded.
01Shared

The companies you would own twice

held by bothtop 15 of 215
companyIWFSSAC
NVIDIA logoNVDANVIDIA15.30%4.95%
APPLE logoAAPLAPPLE7.96%4.89%
MICROSOFT logoMSFTMICROSOFT5.87%3.64%
ALPHABET CLASS C logoGOOGALPHABET CLASS C4.84%1.56%
TESLA INC logoTSLATESLA INC3.18%1.00%
ELI LILLY logoLLYELI LILLY2.86%0.94%
VISA CLASS A logoVVISA CLASS A1.97%0.64%
PALANTIR TECHNOLOGIES CLASS A logoPLTRPALANTIR TECHNOLOGIES CLASS A1.32%0.42%
02Different

What only one of them gives you

only in IWF156 names
NUNUNU HOLDINGS CLASS A0.15%
MTMTSIMACOM TECHNOLOGY SOLUTIONS0.06%
WWWWDWOODWARD0.06%
ROROKUROKU CLASS A0.06%
GHGHGUARDANT HEALTH0.05%
CPCPNGCOUPANG CLASS A0.05%
LSLSCCLATTICE SEMICONDUCTOR0.05%
SMSMTCSEMTECH0.04%
only in SSAC1,424 names
232330TAIWAN SEMICONDUCTOR MANUFACTURING1.86%
NDNDIAISHARES MSCI INDIA UCITS ETF1.27%
00005930SAMSUNG ELECTRONICS LTD0.78%
ASASMLASML HOLDING0.64%
03Sectors

Where each fund puts its money

sectorsIWF vs SSAC, share of each fund
Information Technology55.17%32.04%
Communication Services16.82%7.79%
Financials4.82%17.74%
Industrials7.28%9.92%
Consumer Discretionary7.44%8.15%
Health Care5.64%8.38%
Consumer Staples1.25%4.66%
Energy0.58%4.00%
Materials0.24%3.25%
Utilities0.26%2.16%
Real Estate0.39%1.41%
04Questions

IWF and SSAC: what people ask

questions6 answered

How much do IWF and SSAC overlap?

39% by weight, as of October 14, 2026: moderate overlap. 215 companies appear in both funds; they make up 98% of IWF and 44% of SSAC.

Which stocks do IWF and SSAC both hold?

The largest shared positions are NVDA, AAPL, MSFT, GOOGL and META. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both IWF and SSAC?

Out of every $100 split evenly between them, about $39 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 156 names only in IWF, 1,424 only in SSAC. Half in each behaves like 41 equally weighted stocks, against 20 for IWF alone and 99 for SSAC alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

What is SSAC, next to IWF?

SSAC is iShares MSCI ACWI UCITS ETF (ISIN IE00B6R52259), an Irish-domiciled UCITS fund on the MSCI All Country World (ACWI) index. Next to IWF, 39% of the money is the same, spread over 215 companies both hold, as of October 14, 2026.

Does the IWF vs SSAC overlap apply to other tickers?

Yes. SSAC also trades as ISAC (London, USD; Borsa Italiana, EUR) and IUSQ (Xetra, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so IWF vs IUSQ also overlaps 39%.

How is ETF overlap calculated here?

For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files iShares publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.

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Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.