IWB vs SPY: fund overlap

ETF comparisons  /  IWB vs SPY

US equity comparison · Holdings dated 2026-09-11

IWB vs SPY

iShares Russell 1000 ETF compared with State Street SPDR S&P 500 ETF Trust

These funds provide similar company exposure.IWB has 463 companies outside the overlap; SPY has 24.

Do IWB and SPY overlap?

IWB and SPY overlap by 90.7% by weight, across 477 shared companies.

IWBUS equity

iShares Russell 1000 ETF

1,023holdings
0.15%annual fee
USmarket
Valuation900 companies covered
26.5×P / E96% by weight
5.09×P / B85% by weight
3.8%Earnings yield
IWB holdings and fund profile
SPYUS equity

State Street SPDR S&P 500 ETF Trust

504holdings
0.09%annual fee
USmarket
Valuation492 companies covered
27.5×P / E97% by weight
5.44×P / B85% by weight
3.6%Earnings yield
SPY holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

477 companies held in both funds

IWB weight SPY weight
Shared companyIWB SPY
NVIDIA CORP NVDA
7.20%
8.01%
Apple Inc AAPL
6.79%
7.40%
Microsoft Corp MSFT
5.20%
5.58%
ALPHABET INC GOOGL 2 share classes
5.04%
5.41%
↳ ALPHABET INC-CL A GOOGL2.78%3.01%
↳ ALPHABET INC-CL C GOOG2.26%2.40%
AMAZON.COM INC AMZN
3.51%
3.81%
BROADCOM INC AVGO
2.38%
2.60%
META PLATFORMS INC-CLASS A META
2.02%
2.16%
Micron Technology Inc MU
1.56%
1.67%
TESLA INC TSLA
1.51%
1.56%
JPMorgan Chase & Co JPM
1.35%
1.45%
BERKSHIRE HATHAWAY INC. BRK/B
1.34%
1.42%
ELI LILLY & CO LLY
1.26%
1.34%
ADVANCED MICRO DEVICES AMD
1.19%
1.28%
ExxonMobil Holdings Corporation 2670549D
0.98%
1.04%
JOHNSON & JOHNSON JNJ
0.91%
0.97%
Visa Inc V
0.87%
0.93%
WALMART INC. WMT
0.67%
0.71%
Intel Corp INTC
0.67%
0.77%
Mastercard Inc MA
0.65%
0.70%
AbbVie Inc ABBV
0.64%
0.69%
CISCO SYSTEMS, INC. CSCO
0.63%
0.67%
Bank of America Corp BAC
0.59%
0.62%
Costco Wholesale Corp COST
0.57%
0.61%
Chevron Corp CVX
0.56%
0.61%
LAM RESEARCH LRCX
0.53%
0.57%

IWB and SPY questions

Based on the holdings compared above

How much do IWB and SPY overlap?

IWB and SPY overlap by 90.7% by weight, across 477 shared companies.

Which companies do IWB and SPY both hold?

The largest companies held in both funds are NVIDIA CORP, Apple Inc, Microsoft Corp, ALPHABET INC, AMAZON.COM INC.

Can I hold both IWB and SPY?

Holding both means 90.7% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is IWB or SPY cheaper?

IWB has a 0.15% expense ratio and SPY has 0.09%.

How do IWB and SPY compare on valuation?

IWB has a weighted P/E of 26.5 and SPY has a weighted P/E of 27.5.

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