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ETF comparison

IWB vs SPHB

Both US Large Cap.

iShares Russell 1000 ETF · Invesco S&P 500 High Beta ETF

Holdings overlap

Weighted by ISIN/CUSIP
23.1 %

97 positions appear in both funds. Buying equal dollars of IWB and SPHB would leave roughly 23.1% of each dollar exposed to the same underlying securities.

IWB unmatched 76.8% Shared 23.1% SPHB unmatched 76.9%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In IWB only
927 positions
Shared
97 positions
In SPHB only
4 positions

Side by side

IWB

iShares Russell 1000 ETF

iShares · US Large Cap

87 composite / 100
Expense ratio
0.15%
Net assets
$48.04B
TTM yield
0.93%
Top-10 conc.
33.4%
SPHB

Invesco S&P 500 High Beta ETF

Invesco · US Large Cap

74 composite / 100
Expense ratio
0.25%
Net assets
$817.3M
TTM yield
0.56%
Top-10 conc.
18.5%

Sub-score comparison

85
Cost
75
89
Tax efficiency
89
100
Liquidity
53
67
Concentration
88
—
Tracking quality
—
IWB sub-score SPHB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

IWB is 10 bps cheaper than SPHB. On a $100,000 position that's about $100/yr more in fees for SPHB.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IWB vs SPHB.

Top shared holdings

97 shared in total
# Holding In IWB In SPHB Overlap
1 MICRON TECHNOLOGY, INC. 1.87% 1.88% 1.87%
2 ADVANCED MICRO DEVICES, INC. 1.36% 1.62% 1.36%
3 TESLA, INC. 1.77% 1.32% 1.32%
4 BROADCOM INC. 2.53% 1.01% 1.01%
5 NVIDIA CORPORATION 6.72% 0.98% 0.98%
6 INTEL CORPORATION 0.88% 1.30% 0.88%
7 APPLIED MATERIALS, INC. 0.83% 1.20% 0.83%
8 LAM RESEARCH CORPORATION 0.78% 1.56% 0.78%
9 AMAZON.COM, INC. 3.33% 0.78% 0.78%
10 META PLATFORMS, INC. 1.78% 0.73% 0.73%
11 ALPHABET INC. 2.42% 0.70% 0.70%
12 CATERPILLAR INC. 0.70% 0.84% 0.70%

Only in IWB

927 total
  • APPLE INC. 6.03%
  • MICROSOFT CORPORATION 3.99%
  • ALPHABET INC. 3.00%
  • ELI LILLY AND COMPANY 1.38%
  • BERKSHIRE HATHAWAY INC. 1.34%
  • JPMORGAN CHASE & CO. 1.26%
  • JOHNSON & JOHNSON 0.88%
  • EXXON MOBIL CORPORATION 0.82%
  • VISA INC. 0.82%
  • WALMART INC. 0.72%

Only in SPHB

4 total
  • Seagate Technology Holdings PLC 1.21%
  • NXP Semiconductors N.V. 0.91%
  • TE Connectivity PLC 0.79%
  • Invesco Government & Agency Portfolio 0.27%

Percentages are holdings overlap with the named fund.

Open IWB or SPHB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.