IWF vs XLK: Complete Comparison
iShares Russell 1000 Growth 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 IWF is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
39 shared holdings representing 51.2% portfolio overlap
Top Shared Holdings
| # | Stock | IWF Weight | XLK Weight | Overlap |
|---|---|---|---|---|
| 1 | NVDA NVIDIA CORP | 12.71% | 14.84% | 12.71% |
| 2 | AAPL APPLE INC | 11.91% | 13.10% | 11.91% |
| 3 | MSFT MICROSOFT CORP | 10.73% | 11.75% | 10.73% |
| 4 | AVGO BROADCOM INC | 5.62% | 5.36% | 5.36% |
| 5 | PLTR PALANTIR TECHNOLOGIES INC CLASS A | 1.25% | 3.75% | 1.25% |
| 6 | ORCL ORACLE CORP | 1.15% | 2.81% | 1.15% |
| 7 | LRCX LAM RESEARCH CORP | 0.66% | 1.88% | 0.66% |
| 8 | AMD ADVANCED MICRO DEVICES INC | 0.65% | 2.96% | 0.65% |
| 9 | INTU INTUIT INC | 0.56% | 1.59% | 0.56% |
| 10 | NOW SERVICENOW INC | 0.55% | 1.34% | 0.55% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in IWF
Unique to IWF
| Symbol | Name | Weight |
|---|---|---|
| AMZN | AMAZON COM INC | 4.24% |
| TSLA | TESLA INC | 3.85% |
| GOOGL | ALPHABET INC CLASS A | 3.56% |
| META | META PLATFORMS INC CLASS A | 3.29% |
| GOOG | ALPHABET INC CLASS C | 2.91% |
Top Holdings Only in XLK
Unique to XLK
| Symbol | Name | Weight |
|---|---|---|
| MU | MU | 2.72% |
| CSCO | CSCO | 2.60% |
| IBM | IBM | 2.41% |
| ACN | ACN | 1.42% |
| INTC | INTC | 1.37% |
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 IWF or XLK?
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.