DVY vs KBWB: Holdings Overlap
DVYiShares Select Dividend ETF
iShares · 100 holdings · $23.8B · as of 2026-04-30
Invesco · 24 holdings · $6.8B · as of 2026-05-31
Holdings snapshots are 31 days apart (DVY: 2026-04-30, KBWB: 2026-05-31). 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 KBWB?
iShares Select Dividend ETF (DVY, by iShares) holds 100 positions; Invesco KBW Bank ETF (KBWB, by Invesco) holds 24. They have 8 holdings in common, and by portfolio weight the two funds are 9.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8DVY holds 100 · KBWB holds 24
- Weight in Shared Holdings
- DVY 10%·KBWB 25%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
92 of 100 positions (90.2% of the fund) are not held by KBWB. Showing the top 30 by weight.
Sector Breakdown
| Sector | DVY | KBWB |
|---|---|---|
| Financials | 24.9% | 99.8% |
| 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% |
| KBWB | +1.5% | +17.1% | +39.1% | +32.5% | +11.4% | +13.3% | 1.90% |
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 KBWB →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by TFC, KEY and USB.
 TFCTruist Financial Corp. COM | 1.43% | 3.66% | 1.43% |
|---|---|---|---|
 KEYKeyCorp COM | 1.36% | 2.78% | 1.36% |
 USBU.S. Bancorp. COM NEW | 1.27% | 3.76% | 1.27% |
 RFRegions Financial Corporation COM | 1.24% | 2.90% | 1.24% |
 HBANHuntington Bancshares Incorporated COM | 1.18% | 3.65% | 1.18% |
 FITBFifth Third Bancorp COM | 1.05% | 3.78% | 1.05% |
 CFGCitizens Financial Group Inc COM | 1.05% | 3.17% | 1.05% |
 FHNFirst Horizon Corporation COM | 0.99% | 1.40% | 0.99% |
Frequently Asked Questions
How much do DVY and KBWB overlap?
DVY and KBWB overlap by 9.6% of portfolio weight. They share 8 holdings (DVY holds 100 positions and KBWB holds 24), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DVY and KBWB?
The two portfolios are 9.6% 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 KBWB?
The largest positions held by both funds are TFC, KEY, USB, RF and HBAN. Together the top 8 shared positions account for 100% of the total overlap.
What does DVY own that KBWB doesn't?
92 positions (90.2% of DVY) are unique to DVY, led by MO, PFE and TROW. In the other direction, 16 positions (74.7% of KBWB) are unique to KBWB.