IWD vs DIA: Complete Comparison
iShares Russell 1000 Value 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 IWD wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: IWD wins with better number of holdings. Consider IWD for your portfolio, but DIA is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
5 shared holdings representing 3.9% portfolio overlap
Top Shared Holdings
| # | Stock | IWD Weight | DIA Weight | Overlap |
|---|---|---|---|---|
| 1 | UNH UNH | 0.99% | 9.85% | 0.99% |
| 2 | GS GS | 0.83% | 8.25% | 0.83% |
| 3 | CAT CAT | 0.81% | 6.25% | 0.81% |
| 4 | HD HD | 0.28% | 6.65% | 0.28% |
| 5 | AMGN AMGN | 0.15% | 5.85% | 0.15% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in IWD
Unique to IWD
| Symbol | Name | Weight |
|---|---|---|
| BRK-B | BRK-B | 3.07% |
| JPM | JPM | 2.93% |
| GOOGL | GOOGL | 2.17% |
| AMZN | AMZN | 2.01% |
| GOOG | GOOG | 1.77% |
Top Holdings Only in DIA
Unique to DIA
| Symbol | Name | Weight |
|---|---|---|
| MSFT | Microsoft Corp | 6.85% |
| V | Visa Inc | 5.65% |
| CRM | Salesforce Inc | 5.45% |
| MCD | McDonald's Corp | 5.25% |
| BA | Boeing Co | 5.05% |
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.
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