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ETF comparison

IWN vs SPY

US Small Cap vs US Large Cap.

iShares Russell 2000 Value ETF · State Street SPDR S&P 500 ETF Trust

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

0 positions appear in both funds. Buying equal dollars of IWN and SPY would leave roughly 0.0% of each dollar exposed to the same underlying securities.

IWN unmatched 99.7% Shared 0.0% SPY unmatched 99.9%

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 IWN only
1,422 positions
Shared
0 positions
In SPY only
504 positions

Side by side

IWN

iShares Russell 2000 Value ETF

iShares · US Small Cap

88 composite / 100
Expense ratio
0.24%
Net assets
$14.08B
TTM yield
1.51%
Top-10 conc.
5.5%
SPY

State Street SPDR S&P 500 ETF Trust

State Street · US Large Cap

88 composite / 100
Expense ratio
0.094%
Net assets
$796.87B
TTM yield
1.01%
Top-10 conc.
37.3%

Sub-score comparison

76
Cost
91
87
Tax efficiency
88
100
Liquidity
100
100
Concentration
61
—
Tracking quality
—
IWN sub-score SPY

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

Cost difference

SPY is 15 bps cheaper than IWN. On a $100,000 position that's about $146/yr more in fees for IWN.

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 IWN vs SPY.

Top shared holdings

0 shared in total

No shared holdings between these funds.

Only in IWN

1,422 total
  • Viasat, Inc. 0.74%
  • Cytokinetics, Inc. 0.65%
  • UMB Financial Corp. 0.62%
  • CareTrust REIT, Inc. 0.59%
  • Terex Corp. 0.54%
  • Old National Bancorp 0.52%
  • JBT Marel Corp. 0.50%
  • Lumen Technologies, Inc. 0.48%
  • Terreno Realty Corp. 0.45%
  • Taylor Morrison Home Corp. 0.44%

Only in SPY

504 total
  • APPLE INC 7.69%
  • NVIDIA CORP 7.30%
  • MICROSOFT CORP 6.22%
  • AMAZON.COM INC 3.94%
  • ALPHABET INC CL A 2.56%
  • BROADCOM INC 2.33%
  • META PLATFORMS INC CLASS A 2.09%
  • ALPHABET INC CL C 2.06%
  • ELI LILLY + CO 1.71%
  • TESLA INC 1.64%

Percentages are holdings overlap with the named fund.

Open IWN or SPY 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.