Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IWF vs XLG: how they differ

IWF and XLG hold 0% of their weight in the same names, and XLG returned more over the year.

iShares Russell 1000 Growth ETF and Invesco S&P 500 Top 50 ETF.

What they hold in common

By the books each fund has filed, IWF and XLG hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IWFOnly in XLG
NVIDIA 15.46%NVIDIA Corp 12.79%
APPLE 7.77%Apple Inc 11.58%
ALPHABET CLASS A 5.88%Microsoft Corp 8.83%
MICROSOFT 5.55%Amazon.com Inc 5.95%
BROADCOM INC 5.10%Alphabet Inc 4.71%
ALPHABET CLASS C 4.77%Broadcom Inc 4.12%
META PLATFORMS CLASS A 3.52%Alphabet Inc 3.77%
MICRON TECHNOLOGY 3.35%Meta Platforms Inc 3.42%

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 Sep 10, 2026.

IWF and XLG on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
IWF
iShares Russell 1000 Growth ETF
XLG
Invesco S&P 500 Top 50 ETF
Where it sitsCore index fundCore index fund
IssueriSharesInvesco
What it isRussell 1000 growthS&P 500 top 50
Total return, 1 year+7.0%+12.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−10.5 pts−5.3 pts
Expense ratio0.18%0.20%
Already in the S&P 50093.6%100.0%
Holdings31552

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 Sep 10, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 315 positions, with the top ten at 57.3%. It sat 5.0% below its high of Jun 1, 2026 on Sep 11, 2026.

XLG in plain words

XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 60.3%.

Questions people ask

Which returned more over the last year, IWF or XLG?
In the year to Sep 13, 2026, with distributions reinvested, IWF returned +7.0% and XLG returned +12.2%, so XLG returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IWF or XLG?
IWF charges 0.18% a year and XLG charges 0.20%, so IWF is cheaper. Fees come from each fund's prospectus.
How much do IWF and XLG overlap with the S&P 500?
By their latest filed holdings, 94% of IWF and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Other comparisons

Where to next

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.

IWF against XLG, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IWF against XLG, data as of Sep 13, 2026. https://etfiq.com/compare/any/iwf-vs-xlg Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources