IWD vs XLF: how much do they overlap?
iShares Russell 1000 Value ETF (IWD) · Financial Select Sector SPDR ETF (XLF)
overlap by weight · 69 shared holdings
IWD: 866 holdings (as of 2026-03-31) · XLF: 77 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 XLF 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 XLF |
|---|---|---|---|
| BERKSHIRE HATHAWAY INC. | BRK.B | 2.91% | 11.57% |
| JPMORGAN CHASE & CO. | JPM | 2.63% | 11.45% |
| BANK OF AMERICA CORPORATION | BAC | 0.97% | 4.93% |
| WELLS FARGO & COMPANY | WFC | 0.81% | 3.39% |
| THE GOLDMAN SACHS GROUP, INC. | GS | 0.77% | 3.97% |
| MORGAN STANLEY | MS | 0.61% | 3.39% |
| CITIGROUP INC. | C | 0.53% | 3.03% |
| BLACKROCK, INC. | BLK | 0.48% | 1.87% |
| THE CHARLES SCHWAB CORPORATION | SCHW | 0.47% | 2.12% |
| S&P GLOBAL INC. | SPGI | 0.42% | 1.67% |
FAQ
How much do IWD and XLF overlap?
IWD and XLF have a 18.2% overlap by weight, sharing 69 holdings (out of 866 in IWD and 77 in XLF), based on official issuer holdings as of 2026-03-31.
What does 18.2% overlap mean?
IWD and XLF hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do IWD and XLF both hold?
The largest shared positions are BERKSHIRE HATHAWAY INC., JPMORGAN CHASE & CO., BANK OF AMERICA CORPORATION, WELLS FARGO & COMPANY, THE GOLDMAN SACHS GROUP, INC.. The full list of top shared holdings with weights in each fund is shown on this page.