FXL vs IWB: holdings overlap, shared companies and scores
As of October 9, 2026, FXL and IWB overlap 17.4% by weight. First Trust Technology AlphaDEX Fund (FXL): U.S. technology stocks. iShares Russell 1000 ETF (IWB): Russell 1000 index.
Updated October 9, 2026
Where FXL and IWB trade against their own history
FXL trades at 24.6 times earnings, against its own median of 24.2, and is more expensive than 54% of its own 115 monthly readings since 2017.
IWB trades at 24.4 times earnings, against its own median of 22.4, and is more expensive than 63% of its own 115 monthly readings since 2017.
What moved FXL and IWB this week
FXL rose 0.9% in the week to October 9, 2026. The holdings that moved it most were PTC (+35.0%), Atlassian (+10.1%) and NIQ Global Intelligence (+8.7%); Sitime (−13.7%) pushed the other way.
IWB rose 1.2% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Amazon.com (+4.3%) and Alphabet (+2.4%); Nvidia (−2.0%) pushed the other way.
What do FXL and IWB each hold?
What's inside FXL: Tech 88%, Semiconductors 23%.
16% of FXL is its ten largest holdings.
What's inside IWB: Tech 44%, Magnificent 7 32%.
37% of IWB is its ten largest holdings.
How much do FXL and IWB overlap? 17.4% by weight
As of October 9, 2026, FXL and IWB overlap 17.4% by weight.
100% of FXL is already inside IWB.
40% of IWB is already inside FXL.
FXL holds 109 companies and IWB holds 1,023; 108 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FXL and IWB? 5.0 and 6.7 out of 10
As of October 9, 2026, ETF Copilot scores FXL 5.0 out of 10 and IWB 6.7 out of 10.
They differ most on Quality: FXL 2.7 and IWB 8.1.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FXL | IWB |
|---|---|---|
| Growth | 6.1 | 7.3 |
| Value | 3.0 | 3.1 |
| Risk | 1.6 | 6.6 |
| Quality | 2.7 | 8.1 |
| Return | 8.9 | 7.8 |
IWB is the cheaper of the two at 0.15% a year
As of October 9, 2026, FXL charges 0.60% a year and holds $2.9B in assets across 109 positions.
As of October 9, 2026, IWB charges 0.15% a year, yields 0.90% and holds $49.6B in assets across 1023 positions.
| Measure | FXL | IWB |
|---|---|---|
| Expense ratio | 0.60% | 0.15% |
| Dividend yield | — | 0.90% |
| Assets under management | $2.9B | $49.6B |
| Holdings | 109 | 1023 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “FXL vs IWB holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/fxl-vs-iwb
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