Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs IYW: how they differ
GARP and IYW hold 44% of their weight in the same names, and IYW returned more over the year.
iShares MSCI USA Quality GARP ETF and iShares U.S. Technology ETF.
What they hold in common
By the books each fund has filed, GARP and IYW hold 44% of their money in the same securities at the same weight.
| Holding | GARP | IYW |
|---|---|---|
| APPLE INC | 4.44% | 13.65% |
| NVIDIA CORP | 4.16% | 16.25% |
| MICROSOFT CORP | 4.10% | 3.99% |
| BROADCOM INC | 3.96% | 3.78% |
| MICRON TECHNOLOGY INC | 6.07% | 2.98% |
| ALPHABET INC | 2.88% | 7.84% |
| META PLATFORMS INC | 3.35% | 2.81% |
| ADVANCED MICRO DEVICES INC | 2.21% | 3.50% |
| LAM RESEARCH CORP | 3.79% | 1.99% |
| PALANTIR TECHNOLOGIES INC | 1.78% | 1.86% |
| KLA CORP | 6.46% | 1.41% |
| ORACLE CORP | 1.18% | 1.67% |
| Only in GARP | Only in IYW |
|---|---|
| ELI LILLY & COMPANY 3.73% | INTEL CORPORATION 2.56% |
| VISA INC 3.73% | APPLIED MATERIALS, INC. 1.92% |
| NETFLIX INC 2.85% | TEXAS INSTRUMENTS INCORPORATED 1.57% |
| GE AEROSPACE 2.13% | INTERNATIONAL BUSINESS MACHINES CORPORAT 1.32% |
| MASTERCARD INC 1.63% | ANALOG DEVICES, INC. 1.21% |
| AMAZON.COM INC 1.49% | QUALCOMM INCORPORATED 1.18% |
| ROYAL CARIBBEAN CRUISES LTD 1.46% | SALESFORCE, INC. 0.99% |
| MERCADOLIBRE INC 1.40% | SANDISK CORPORATION 0.96% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| GARP iShares MSCI USA Quality GARP ETF | IYW iShares U.S. Technology ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI USA Quality GARP | U.S. Technology |
| Total return, 1 year | +29.5% | +34.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +17.4 pts |
| Expense ratio | 0.15% | 0.37% |
| Already in the S&P 500 | 94.4% | 95.5% |
| Holdings | 131 | 139 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
IYW in plain words
IYW is an index equity fund tracking the U.S. Technology. Over the year to Sep 11, 2026 it returned +34.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 139 positions, with the top ten at 63.7%.
Questions people ask
- Which returned more over the last year, GARP or IYW?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and IYW returned +34.9%, so IYW returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or IYW?
- GARP charges 0.15% a year and IYW charges 0.37%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and IYW overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 96% of IYW by weight is stocks the S&P 500 already holds. Between the two funds, 44% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GARP against IYW, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-IYW Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources