IWD vs XLV: Complete Comparison
iShares Russell 1000 Value ETF vs Health Care 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 IWD wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: IWD wins with better number of holdings. Consider IWD for your portfolio, but XLV is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
46 shared holdings representing 10.7% portfolio overlap
Top Shared Holdings
| # | Stock | IWD Weight | XLV Weight | Overlap |
|---|---|---|---|---|
| 1 | JNJ JNJ | 1.63% | 8.84% | 1.63% |
| 2 | UNH UNH | 0.99% | 5.38% | 0.99% |
| 3 | MRK MRK | 0.84% | 4.44% | 0.84% |
| 4 | BSX BSX | 0.38% | 2.52% | 0.38% |
| 5 | GILD GILD | 0.37% | 2.72% | 0.37% |
| 6 | CVS CVS | 0.32% | 1.82% | 0.32% |
| 7 | SYK SYK | 0.30% | 2.21% | 0.30% |
| 8 | BMY BMY | 0.28% | 1.89% | 0.28% |
| 9 | ELV ELV | 0.25% | 1.36% | 0.25% |
| 10 | REGN REGN | 0.25% | 1.29% | 0.25% |
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 XLV
Unique to XLV
| Symbol | Name | Weight |
|---|---|---|
| LLY | LLY | 14.33% |
| ABBV | ABBV | 7.23% |
| TMO | TMO | 3.90% |
| ABT | ABT | 3.87% |
| ISRG | ISRG | 3.67% |
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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