IVV vs XLK Overlap AnalysisOverlap
Comparing iShares Core S&P 500 ETF and Technology Select Sector SPDR Fund
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ IVV wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: IVV wins with better expense ratio and number of holdings. Consider IVV for your portfolio, but XLK is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
59 shared holdings representing 35.8% portfolio overlap
Top Shared Holdings
| # | Stock | IVV Weight | XLK Weight | Overlap |
|---|---|---|---|---|
| 1 | NVDA NVDA | 7.78% | 14.84% | 7.78% |
| 2 | AAPL AAPL | 6.81% | 13.10% | 6.81% |
| 3 | MSFT MSFT | 6.12% | 11.75% | 6.12% |
| 4 | AVGO AVGO | 2.79% | 5.36% | 2.79% |
| 5 | PLTR PLTR | 0.75% | 3.75% | 0.75% |
| 6 | ACN ACN | 0.28% | 1.42% | 0.28% |
| 7 | KLAC KLAC | 0.28% | 1.42% | 0.28% |
| 8 | INTC INTC | 0.28% | 1.37% | 0.28% |
| 9 | APH APH | 0.28% | 1.43% | 0.28% |
| 10 | NOW NOW | 0.27% | 1.34% | 0.27% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in IVV
Unique to IVV
| Symbol | Name | Weight |
|---|---|---|
| AMZN | AMZN | 3.82% |
| GOOGL | GOOGL | 3.10% |
| GOOG | GOOG | 2.48% |
| META | META | 2.45% |
| TSLA | TSLA | 2.31% |
Top Holdings Only in XLK
Unique to XLK
| Symbol | Name | Weight |
|---|---|---|
| AMD | AMD | 2.96% |
| ORCL | ORCL | 2.81% |
| MU | MU | 2.72% |
| CSCO | CSCO | 2.60% |
| IBM | IBM | 2.41% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.