ETF comparison

IWN vs SQLT overlap

Compare IWN ETF and SQLT ETF by shared holdings, expense ratio, issuer, category, and tracked overlap.

Tracked overlap16.89%

199 shared holdings

IWN expense0.00%

Unknown

SQLT expense0.00%

Unknown

Data date2026-05-01

2026-05-01

Shared top holdings

Overlap uses the smaller fund weight for each shared holding.

SANMSANMINA CORP

0.40%overlap weight

CMCCOMMERCIAL METALS

0.34%overlap weight

ESNTESSENT GROUP LTD

0.31%overlap weight

ENSENERSYS

0.30%overlap weight

UBSIUNITED BANKSHARES INC

0.28%overlap weight

AXAXOS FINANCIAL INC

0.27%overlap weight

Interpretation

Should you own both IWN and SQLT?

IWN and SQLT share 199 tracked holdings with 16.89% overlap in the imported holdings set. High overlap can be fine when the funds serve a deliberate role, but it can also mean less diversification than the ticker count suggests.

Use the portfolio analyzer to test your actual allocations. Pairwise overlap does not account for how much of each ETF you own.