Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IYW vs SPHQ: how they differ
IYW and SPHQ hold 14% of their weight in the same names, and IYW returned more over the year.
iShares U.S. Technology ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, IYW and SPHQ hold 14% of their money in the same securities at the same weight.
| Holding | IYW | SPHQ |
|---|---|---|
| APPLE INC. | 13.65% | 4.51% |
| LAM RESEARCH CORPORATION | 1.99% | 4.10% |
| APPLIED MATERIALS, INC. | 1.92% | 2.80% |
| KLA CORPORATION | 1.41% | 3.27% |
| QUALCOMM INCORPORATED | 1.18% | 2.03% |
| WESTERN DIGITAL CORPORATION | 0.91% | 2.15% |
| APPLOVIN CORPORATION | 0.65% | 1.56% |
| ADOBE INC. | 0.62% | 1.45% |
| FORTINET, INC. | 0.32% | 0.85% |
| NETAPP, INC. | 0.13% | 0.32% |
| LEIDOS HOLDINGS, INC. | 0.12% | 0.18% |
| F5, INC. | 0.11% | 0.16% |
| Only in IYW | Only in SPHQ |
|---|---|
| NVIDIA CORPORATION 16.25% | Costco Wholesale Corp. 4.82% |
| ALPHABET INC. 7.84% | Visa Inc. 4.69% |
| ALPHABET INC. 6.34% | Mastercard Inc. 4.32% |
| MICROSOFT CORPORATION 3.99% | General Electric Co. 4.16% |
| BROADCOM INC. 3.78% | Caterpillar Inc. 3.78% |
| ADVANCED MICRO DEVICES, INC. 3.50% | Cisco Systems, Inc. 3.54% |
| MICRON TECHNOLOGY, INC. 2.98% | Procter & Gamble Co. (The) 3.46% |
| META PLATFORMS, INC. 2.81% | Coca-Cola Co. (The) 3.34% |
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.
| IYW iShares U.S. Technology ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | U.S. Technology | S&P 500 Quality |
| Total return, 1 year | +34.9% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +17.4 pts | −0.1 pts |
| Expense ratio | 0.37% | 0.15% |
| Already in the S&P 500 | 95.5% | 99.9% |
| Holdings | 139 | 99 |
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%.
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, IYW or SPHQ?
- In the year to Sep 12, 2026, with distributions reinvested, IYW returned +34.9% and SPHQ returned +17.4%, so IYW returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IYW or SPHQ?
- IYW charges 0.37% a year and SPHQ charges 0.15%, so SPHQ is cheaper. Fees come from each fund's prospectus.
- How much do IYW and SPHQ overlap with the S&P 500?
- By their latest filed holdings, 96% of IYW and 100% of SPHQ by weight is stocks the S&P 500 already holds. Between the two funds, 14% 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, IYW against SPHQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYW-SPHQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources