etf overlap tool · little overlap
IWM vs XLV overlap
IWM and XLV hold no company in common. Still, 20% of their money sits in the same sectors, led by Health Care, which is 100% of XLV against 20% of IWM.
Holdings as of October 16, 2026 · source: iShares (IWM), SPDR (XLV) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Hold IWM and XLV with other funds or stocks? The free portfolio optimizer opens IWM and XLV beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.
What only one of them gives you
LLYELI LILLY + CO15.68%
JNJJOHNSON + JOHNSON9.60%
ABBVABBVIE INC7.86%
MRKMERCK + CO. INC.5.61%
AMGNAMGEN INC3.65%
No stock in common, 20% in the same sectors
IWM and XLV: what people ask
How much do IWM and XLV overlap?
None by holdings, as of October 16, 2026: no company appears in both funds. By sector, 20% of their money sits in the same sectors, led by Health Care.
Which stocks do IWM and XLV both hold?
None. IWM and XLV have no holding in common.
Is it redundant to hold both IWM and XLV?
No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 2,033 different holdings that behave like 69 equally weighted stocks, against 834 for IWM alone and 18 for XLV alone. Whether that mix suits you depends on what you want to own; this is a description, not advice.
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 and SPDR 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.
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.