IVW vs IWF Overlap
Both funds come from IShares. IVW is a U.S. growth equity ETF, while IWF is a U.S. growth equity ETF. IVW and IWF show heavy overlap, with an estimated weighted overlap of 71.81%. They share 99 holdings in the loaded dataset, led by NVDA, MSFT, and AAPL.
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Quick Answer
Both funds come from IShares. IVW is a U.S. growth equity ETF, while IWF is a U.S. growth equity ETF. IVW and IWF show heavy overlap, with an estimated weighted overlap of 71.81%. They share 99 holdings in the loaded dataset, led by NVDA, MSFT, and AAPL.
- 71.81% weighted overlap across 99 shared holdings.
- The top three shared holdings explain 38.86% of the measured overlap.
- IVW is the broader fund, while IWF is more targeted.
- The overlap is mostly explained by the top shared positions rather than sector labels alone.
- Holding both may add less diversification than the fund names imply.
Data Freshness
- IVW holdings
- Mar 12, 2026
- IWF holdings
- Mar 12, 2026
- Overlap computed
- Mar 15, 2026
- Data source
- Financial Modeling Prep
Review the methodology for the overlap formula and refresh policy.
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About These ETFs
What Stands Out In This Comparison
What This Means
Both funds come from IShares. IVW is a U.S. growth equity ETF, while IWF is a U.S. growth equity ETF. IVW and IWF share a large chunk of the same portfolio weight. The overlap is driven by positions like NVDA, MSFT, and AAPL, so owning both may not diversify your stock exposure as much as the fund names suggest.
How They Differ
Both funds come from IShares. IVW is a U.S. growth equity ETF, while IWF is a U.S. growth equity ETF. IVW is the broader fund, while IWF is the more targeted sleeve. IVW and IWF are priced very similarly on expense ratio.
What Drives The Overlap
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 38.86% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
When One May Fit Better
If you want the broader portfolio building block, IVW is usually the wider choice. If you want the more focused tilt, IWF is the narrower expression. IVW and IWF are priced very similarly on expense ratio.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 38.86% of the full overlap score.
That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.
Shared Sector Tilt
Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.
Top Shared Holdings
These are the holdings contributing the most to the overlap score between IVW and IWF.
| Holding | Name | IVW Wt. | IWF Wt. | Overlap |
|---|---|---|---|---|
| NVDA | NVIDIA CORP | 14.73% | 12.68% | 12.68% |
| MSFT | MICROSOFT CORP | 9.89% | 8.91% | 8.91% |
| AAPL | APPLE INC | 6.32% | 11.18% | 6.32% |
| AVGO | BROADCOM INC | 5.31% | 4.91% | 4.91% |
| META | META PLATFORMS INC CLASS A | 4.67% | 3.78% | 3.78% |
| AMZN | AMAZON COM INC | 3.63% | 4.41% | 3.63% |
| GOOGL | ALPHABET INC CLASS A | 5.86% | 3.53% | 3.53% |
| GOOG | ALPHABET INC CLASS C | 4.68% | 2.87% | 2.87% |
| LLY | ELI LILLY | 2.61% | 2.79% | 2.61% |
| TSLA | TESLA INC | 2.28% | 3.54% | 2.28% |
Why These ETFs Overlap
Both funds come from IShares. IVW is a U.S. growth equity ETF, while IWF is a U.S. growth equity ETF. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are NVDA, MSFT, and AAPL, which appear in both portfolios and push the overlap score higher.
Holding both IVW and IWF may add less diversification than you expect. Many investors would choose the ETF that best matches their goal and avoid paying for duplicate exposure.
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Frequently Asked Questions About IVW and IWF
What is the overlap between IVW and IWF?+
How many holdings do IVW and IWF share?+
Is the IVW and IWF overlap high?+
Why do IVW and IWF overlap?+
Which ETF is broader, IVW or IWF?+
How Overlap Is Calculated
A straightforward approach used by portfolio analysts.
For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.
Want the full explanation? Read the methodology page.