DVY vs KBE: Holdings Overlap
DVYiShares Select Dividend ETF
iShares · 100 holdings · $23.8B · as of 2026-04-30
KBEState Street® SPDR® S&P® Bank ETF
State Street (SPDR) · 102 holdings · $1.7B · as of 2026-08-06
Holdings snapshots are 98 days apart (DVY: 2026-04-30, KBE: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DVY and KBE?
iShares Select Dividend ETF (DVY, by iShares) holds 100 positions; State Street® SPDR® S&P® Bank ETF (KBE, by State Street (SPDR)) holds 102. They have 12 holdings in common, and by portfolio weight the two funds are 9.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12DVY holds 100 · KBE holds 102
- Weight in Shared Holdings
- DVY 12%·KBE 12%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DVY
88 of 100 positions (88.2% of the fund) are not held by KBE. Showing the top 30 by weight.
Only in KBE
90 of 102 positions (87.3% of the fund) are not held by DVY. Showing the top 30 by weight.
Sector Breakdown
| Sector | DVY | KBE |
|---|---|---|
| Financials | 24.9% | 98.9% |
| Utilities | 24.2% | 0.0% |
| Consumer Staples | 13.5% | 0.0% |
| Energy | 9.0% | 0.0% |
| Consumer Discretionary | 6.0% | 0.0% |
| Other Sectors | 22.2% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DVY | +1.3% | +16.5% | +23.7% | +16.0% | +10.6% | +10.3% | 3.25% |
| KBE | +1.8% | +16.6% | +29.1% | +21.5% | +9.2% | +10.6% | 2.10% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DVY vs KBE →
Shared Holdings(12)
The top 10 shared positions account for 92% of the overlap, led by USB, CFG and RF.
 USBU.S. Bancorp. COM NEW | 1.27% | 1.02% | 1.02% |
|---|---|---|---|
 CFGCitizens Financial Group Inc COM | 1.05% | 1.01% | 1.01% |
 RFRegions Financial Corporation COM | 1.24% | 1.00% | 1.00% |
 FITBFifth Third Bancorp COM | 1.05% | 0.98% | 0.98% |
 TFCTruist Financial Corp. COM | 1.43% | 0.96% | 0.96% |
 FHNFirst Horizon Corporation COM | 0.99% | 0.94% | 0.94% |
 KEYKeyCorp COM | 1.36% | 0.94% | 0.94% |
 HBANHuntington Bancshares Incorporated COM | 1.18% | 0.94% | 0.94% |
 VLYValley National Bancorp. COM | 0.61% | 0.93% | 0.61% |
 FNBF N B Corp (Pennsylvania) COM | 0.60% | 0.95% | 0.60% |
 UBSIUnited Bankshares Inc COM | 0.57% | 0.98% | 0.57% |
 OZKBank OZK COM | 0.19% | 0.92% | 0.19% |
Frequently Asked Questions
How much do DVY and KBE overlap?
DVY and KBE overlap by 9.8% of portfolio weight. They share 12 holdings (DVY holds 100 positions and KBE holds 102), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DVY and KBE?
The two portfolios are 9.8% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of DVY and KBE?
The largest positions held by both funds are USB, CFG, RF, FITB and TFC. Together the top 10 shared positions account for 92% of the total overlap.
What does DVY own that KBE doesn't?
88 positions (88.2% of DVY) are unique to DVY, led by MO, PFE and TROW. In the other direction, 90 positions (87.3% of KBE) are unique to KBE.