IWD vs XLC: how much do they overlap?
iShares Russell 1000 Value ETF (IWD) · Communication Services Select Sector SPDR ETF (XLC)
overlap by weight · 18 shared holdings
IWD: 866 holdings (as of 2026-03-31) · XLC: 23 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
IWD and XLC hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in IWD | in XLC |
|---|---|---|---|
| ALPHABET INC. | GOOGL | 1.95% | 10.81% |
| ALPHABET INC. | GOOG | 1.59% | 8.65% |
| META PLATFORMS, INC. | META | 0.73% | 18.37% |
| VERIZON COMMUNICATIONS INC. | VZ | 0.7% | 4.14% |
| AT&T INC. | T | 0.66% | 4.18% |
| THE WALT DISNEY COMPANY | DIS | 0.56% | 4.28% |
| COMCAST CORPORATION | CMCSA | 0.34% | 4.24% |
| T-MOBILE US, INC. | TMUS | 0.33% | 4.58% |
| WARNER BROS. DISCOVERY, INC. | WBD | 0.21% | 4.31% |
| ELECTRONIC ARTS INC. | EA | 0.17% | 4.43% |
FAQ
How much do IWD and XLC overlap?
IWD and XLC have a 7.6% overlap by weight, sharing 18 holdings (out of 866 in IWD and 23 in XLC), based on official issuer holdings as of 2026-03-31.
What does 7.6% overlap mean?
IWD and XLC hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do IWD and XLC both hold?
The largest shared positions are ALPHABET INC., ALPHABET INC., META PLATFORMS, INC., VERIZON COMMUNICATIONS INC., AT&T INC.. The full list of top shared holdings with weights in each fund is shown on this page.