ETF comparison
IWX vs SPY
US Value vs US Large Cap.
iShares Russell Top 200 Value ETF · State Street SPDR S&P 500 ETF Trust
Holdings overlap
138 positions appear in both funds. Buying equal dollars of IWX and SPY would leave roughly 49.5% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SPY is 11 bps cheaper than IWX. On a $100,000 position that's about $106/yr more in fees for IWX.
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 IWX vs SPY.
Top shared holdings
138 shared in total| # | Holding | In IWX | In SPY | Overlap |
|---|---|---|---|---|
| 1 | APPLE INC | 7.53% | 7.69% | 7.53% |
| 2 | MICROSOFT CORP | 5.44% | 6.22% | 5.44% |
| 3 | AMAZON.COM INC | 8.32% | 3.94% | 3.94% |
| 4 | BERKSHIRE HATHAWAY INC | 3.66% | 1.63% | 1.63% |
| 5 | JP MORGAN CHASE & COMPANY | 3.44% | 1.41% | 1.41% |
| 6 | JOHNSON & JOHNSON | 2.40% | 1.00% | 1.00% |
| 7 | META PLATFORMS INC | 0.88% | 2.09% | 0.88% |
| 8 | WALMART INC | 1.78% | 0.87% | 0.87% |
| 9 | ABBVIE INC | 1.61% | 0.79% | 0.79% |
| 10 | COSTCO WHOLESALE CORP | 0.92% | 0.70% | 0.70% |
| 11 | CHEVRON CORP | 1.21% | 0.65% | 0.65% |
| 12 | CISCO SYSTEMS INC | 1.82% | 0.62% | 0.62% |
Only in IWX
13 total- EXXONMOBIL HOLDINGS CORP 2.23%
- LINDE PLC 0.94%
- EATON CORP PLC 0.55%
- CHUBB LTD (SWITZERLAND) 0.47%
- MEDTRONIC PLC 0.39%
- JOHNSON CONTROLS INTERNATIONAL PLC 0.33%
- ACCENTURE PLC 0.30%
- CRH PLC 0.28%
- AON PLC 0.27%
- STRATEGY INC 0.11%
Only in SPY
366 total- NVIDIA CORP 7.30%
- ALPHABET INC CL A 2.56%
- BROADCOM INC 2.33%
- ALPHABET INC CL C 2.06%
- ELI LILLY + CO 1.71%
- TESLA INC 1.64%
- MICRON TECHNOLOGY INC 1.35%
- ADVANCED MICRO DEVICES 1.20%
- VISA INC CLASS A SHARES 1.12%
- EXXONMOBIL HOLDINGS CORP 1.05%
Related comparisons
More comparisons with IWX
- IWX vs SPYM · State Street SPDR Portfolio S&P 500 ETF 48.5%
- IWX vs IVV · iShares Core S&P 500 ETF 48.4%
- IWX vs VOO · Vanguard S&P 500 ETF 48.3%
- IWX vs JAVA · JPMorgan Active Value ETF 47.9%
- IWX vs DFUV · Dimensional US Marketwide Value ETF 46.5%
- IWX vs DFLV · Dimensional US Large Cap Value ETF 46.4%
More comparisons with SPY
- SPY vs QUAL · iShares MSCI USA Quality Factor ETF 46.0%
- SPY vs CGUS · Capital Group Core Equity ETF 44.3%
- SPY vs RSP · Invesco S&P 500 Equal Weight ETF 44.0%
- SPY vs DUHP · DFA U.S. High Relative Profitability Portfolio – ETF Class Shares 43.4%
- SPY vs VTV · Vanguard Morningstar Value ETF 42.5%
- SPY vs JQUA · JPMorgan U.S. Quality Factor ETF 42.4%
Percentages are holdings overlap with the named fund.
Open IWX 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.