IWD vs XLK: Complete Comparison
iShares Russell 1000 Value ETF vs Technology Select Sector SPDR Fund 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 XLK wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: XLK wins with better expense ratio and 5-year return. Consider XLK for your portfolio, but IWD is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
34 shared holdings representing 7.3% portfolio overlap
Top Shared Holdings
| # | Stock | IWD Weight | XLK Weight | Overlap |
|---|---|---|---|---|
| 1 | CSCO CSCO | 1.05% | 2.60% | 1.05% |
| 2 | IBM IBM | 0.96% | 2.41% | 0.96% |
| 3 | MU MU | 0.92% | 2.72% | 0.92% |
| 4 | TXN TXN | 0.33% | 1.36% | 0.33% |
| 5 | GLW GLW | 0.23% | 0.59% | 0.23% |
| 6 | WDC WDC | 0.20% | 0.52% | 0.20% |
| 7 | ROP ROP | 0.16% | 0.41% | 0.16% |
| 8 | CTSH CTSH | 0.13% | 0.35% | 0.13% |
| 9 | MCHP MCHP | 0.12% | 0.30% | 0.12% |
| 10 | DELL DELL | 0.12% | 0.33% | 0.12% |
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 XLK
Unique to XLK
| Symbol | Name | Weight |
|---|---|---|
| NVDA | NVDA | 14.84% |
| AAPL | AAPL | 13.10% |
| MSFT | MSFT | 11.75% |
| AVGO | AVGO | 5.36% |
| PLTR | PLTR | 3.75% |
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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