Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWF vs SPHQ: how they differ
IWF and SPHQ hold 20% of their weight in the same names, and SPHQ returned more over the year.
iShares Russell 1000 Growth ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, IWF and SPHQ hold 20% of their money in the same securities at the same weight.
| Holding | IWF | SPHQ |
|---|---|---|
| APPLE INC. | 6.72% | 4.51% |
| APPLIED MATERIALS, INC. | 1.70% | 2.80% |
| VISA INC. | 1.68% | 4.69% |
| LAM RESEARCH CORPORATION | 1.61% | 4.10% |
| CATERPILLAR INC. | 1.44% | 3.78% |
| MASTERCARD INCORPORATED | 1.23% | 4.32% |
| KLA CORPORATION | 1.17% | 3.27% |
| GENERAL ELECTRIC COMPANY | 1.15% | 4.16% |
| GE VERNOVA INC. | 0.94% | 3.15% |
| WESTERN DIGITAL CORPORATION | 0.64% | 2.15% |
| COSTCO WHOLESALE CORPORATION | 0.54% | 4.82% |
| APPLOVIN CORPORATION | 0.37% | 1.56% |
| Only in IWF | Only in SPHQ |
|---|---|
| NVIDIA CORPORATION 13.85% | Cisco Systems, Inc. 3.54% |
| ALPHABET INC. 6.18% | Procter & Gamble Co. (The) 3.46% |
| BROADCOM INC. 5.21% | Merck & Co., Inc. 2.87% |
| ALPHABET INC. 4.98% | Gilead Sciences, Inc. 2.28% |
| MICROSOFT CORPORATION 4.11% | QUALCOMM Inc. 2.03% |
| MICRON TECHNOLOGY, INC. 3.86% | Progressive Corp. (The) 1.41% |
| TESLA, INC. 3.65% | Newmont Corp. 1.22% |
| META PLATFORMS, INC. 3.01% | Parker-Hannifin Corp. 1.08% |
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.
| IWF iShares Russell 1000 Growth ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | Russell 1000 growth | S&P 500 Quality |
| Total return, 1 year | +7.0% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −10.5 pts | −0.1 pts |
| Expense ratio | 0.18% | 0.15% |
| Already in the S&P 500 | 93.6% | 99.9% |
| Holdings | 368 | 99 |
IWF in plain words
IWF is an index equity fund tracking the Russell 1000 growth. Over the year to Sep 11, 2026 it returned +7.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% 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 368 positions, with the top ten at 54.4%. It sat 5.0% below its high of Jun 1, 2026 on Sep 11, 2026.
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% 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 Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWF or SPHQ?
- In the year to Sep 12, 2026, with distributions reinvested, IWF returned +7.0% and SPHQ returned +17.4%, so SPHQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWF or SPHQ?
- IWF charges 0.18% a year and SPHQ charges 0.15%, so SPHQ is cheaper. Fees come from each fund's prospectus.
- How much do IWF and SPHQ overlap with the S&P 500?
- By their latest filed holdings, 94% of IWF and 100% of SPHQ by weight is stocks the S&P 500 already holds. Between the two funds, 20% of their books are the same securities at the same weight.
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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, IWF against SPHQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWF-SPHQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources