Data as of . Every figure is the themes desk's own, on published data.
IGV vs SHLD
7% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, IGV and SHLD hold 7% of their money in the same securities at the same weight.
| Holding | IGV | SHLD |
|---|---|---|
| Palantir Technologies, Inc. | 7.71% | 7.09% |
| Only in IGV | Only in SHLD |
|---|---|
| Palo Alto Networks, Inc. 10.38% | LOCKHEED MARTIN CORPORATION 8.45% |
| Microsoft Corp. 8.08% | RTX CORPORATION 7.78% |
| Crowdstrike Holdings, Inc. 7.29% | GENERAL DYNAMICS CORPORATION 7.70% |
| Oracle Corp. 6.26% | Rheinmetall Aktiengesellschaft 5.78% |
| Salesforce, Inc. 4.81% | BAE SYSTEMS PLC 4.90% |
| AppLovin Corp. 4.76% | L3HARRIS TECHNOLOGIES, INC. 4.71% |
| Cadence Design Systems, Inc. 3.92% | HANWHA AEROSPACE CO., LTD. 4.41% |
| ServiceNow, Inc. 3.87% | LEONARDO - SOCIETA PER AZIONI 4.36% |
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 as filed for Jun 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| IGV | SHLD | IGV | SHLD | IGV | SHLD | |
| 3 months | +9.1% | +0.2% | +4.4 pts | −4.5 pts | +7.0 pts | −1.9 pts |
| 6 months | +18.9% | −18.2% | +3.7 pts | −33.4 pts | −1.3 pts | −38.4 pts |
| 1 year | −2.1% | +2.3% | −22.1 pts | −17.7 pts | −27.7 pts | −23.3 pts |
| 3 years | +43.9% | n/a | −34.1 pts | n/a | −49.6 pts | n/a |
| Since launch | +1031.5% | +158.9% | +220.2 pts | +79.9 pts | −652.5 pts | +63.5 pts |
| IGV iShares Expanded Tech-Software Sector ETF | SHLD Global X Defense Tech ETF | |
|---|---|---|
| Issuer | iShares | Global X |
| Theme | Cloud and software | Defense |
| In the S&P 500 | 83.2% | 44.8% |
| Active share vs the S&P 500 | 92.4% | 98.7% |
| In the Nasdaq-100 | 66.9% | 7.1% |
| Holdings | 107 | 48 |
| Top ten, share of the fund | 60.7% | 59.5% |
| Expense ratio | not published | 0.50% |
| Fee for the differing part | not published | 0.51% |
| Total return, 1 year | −2.1% | +2.3% |
| vs the S&P 500 | −22.1 pts | −17.7 pts |
| vs the Nasdaq-100 | −27.7 pts | −23.3 pts |
| Below its high | −11.2% | −19.0% |
IGV in plain words
By weight, 83% of IGV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 61% of the fund across 107 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned −2.1% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 22.1 pts. It sits 11.2% below its all-time high of Sep 22, 2025.
SHLD in plain words
By weight, 45% of SHLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 60% of the fund across 48 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +2.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 17.7 pts. It sits 19.0% below its all-time high of Mar 9, 2026.
Questions people ask
- Do IGV and SHLD hold the same stocks?
- By their latest filings, 7% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, IGV or SHLD?
- IGV has 83% of its weight in S&P 500 names and SHLD has 45%, so SHLD differs more from the index.
Other comparisons
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, IGV against SHLD, data as of Sep 4, 2026. https://etfiq.com/compare/themes/IGV-SHLD.html Free to use with attribution; the underlying files are at Open data.