IGV vs DIA: Complete Comparison
iShares Expanded Tech-Software ETF vs SPDR Dow Jones Industrial Average ETF โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ DIA wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: DIA wins with better expense ratio. Consider DIA for your portfolio, but IGV is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
2 shared holdings representing 15.9% portfolio overlap
Top Shared Holdings
| # | Stock | IGV Weight | DIA Weight | Overlap |
|---|---|---|---|---|
| 1 | MSFT MSFT | 8.59% | 6.85% | 6.85% |
| 2 | CRM CRM | 7.29% | 5.45% | 5.45% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in IGV
Unique to IGV
| Symbol | Name | Weight |
|---|---|---|
| PLTR | PLTR | 9.86% |
| ORCL | ORCL | 6.23% |
| INTU | INTU | 5.75% |
| NOW | NOW | 5.69% |
| APP | APP | 5.17% |
Top Holdings Only in DIA
Unique to DIA
| Symbol | Name | Weight |
|---|---|---|
| UNH | UnitedHealth Group | 9.85% |
| GS | Goldman Sachs | 8.25% |
| HD | Home Depot | 6.65% |
| CAT | Caterpillar Inc | 6.25% |
| AMGN | Amgen Inc | 5.85% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.
Want deeper analysis on IGV or DIA?
Complement your EigenDex analysis with these research tools.
Some links may be affiliate links. We may earn a commission at no extra cost to you. This helps support EigenDex as a free tool. We only recommend tools we believe provide genuine value to investors.