IVV vs KBE: Holdings Overlap
iShares · 503 holdings · $901.0B · as of 2026-03-31
KBEState Street® SPDR® S&P® Bank ETF
State Street (SPDR) · 102 holdings · $1.7B · as of 2026-08-06
Holdings snapshots are 128 days apart (IVV: 2026-03-31, 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 IVV and KBE?
iShares Core S&P 500 ETF (IVV, by iShares) holds 503 positions; State Street® SPDR® S&P® Bank ETF (KBE, by State Street (SPDR)) holds 102. They have 16 holdings in common, and by portfolio weight the two funds are 3.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 16IVV holds 503 · KBE holds 102
- Weight in Shared Holdings
- IVV 4%·KBE 16%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 IVV
487 of 503 positions (96.0% of the fund) are not held by KBE. Showing the top 30 by weight.
Only in KBE
86 of 102 positions (83.1% of the fund) are not held by IVV. Showing the top 30 by weight.
Sector Breakdown
| Sector | IVV | KBE |
|---|---|---|
| Financials | 12.6% | 98.9% |
| Information Technology | 32.6% | 0.0% |
| Communication Services | 10.5% | 0.0% |
| Consumer Discretionary | 9.8% | 0.0% |
| Health Care | 9.4% | 0.0% |
| Other Sectors | 24.8% | 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 |
|---|---|---|---|---|---|---|---|
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
| 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 IVV vs KBE →
Shared Holdings(16)
The top 10 shared positions account for 92% of the overlap, led by JPM, BAC and WFC.
 JPMJPMorgan Chase & Co. COM | 1.42% | 1.05% | 1.05% |
|---|---|---|---|
 BACBank of America Corp. COM | 0.58% | 1.05% | 0.58% |
 WFCWells Fargo & Co. COM | 0.44% | 0.97% | 0.44% |
 CCitigroup Inc. COM NEW | 0.35% | 0.91% | 0.35% |
 PNCPNC Financial Services Group, Inc. (The) | 0.15% | 0.99% | 0.15% |
 BNYThe Bank of New York Mellon Corp. COM | 0.15% | 1.03% | 0.15% |
 USBU.S. Bancorp. COM NEW | 0.14% | 1.02% | 0.14% |
 TFCTruist Financial Corp. COM | 0.10% | 0.96% | 0.10% |
 APOApollo Global Management Inc COM | 0.09% | 0.89% | 0.09% |
 FITBFifth Third Bancorp COM | 0.07% | 0.98% | 0.07% |
 HBANHuntington Bancshares Incorporated COM | 0.06% | 0.94% | 0.06% |
 MTBM&T Bank Corporation COM | 0.06% | 1.02% | 0.06% |
 NTRSNorthern Trust Corporation COM | 0.05% | 1.01% | 0.05% |
 CFGCitizens Financial Group Inc COM | 0.05% | 1.01% | 0.05% |
 RFRegions Financial Corporation COM | 0.04% | 1.00% | 0.04% |
 KEYKeyCorp COM | 0.03% | 0.94% | 0.03% |
Frequently Asked Questions
How much do IVV and KBE overlap?
IVV and KBE overlap by 3.4% of portfolio weight. They share 16 holdings (IVV holds 503 positions and KBE holds 102), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IVV and KBE?
The two portfolios are 3.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IVV and KBE?
The largest positions held by both funds are JPM, BAC, WFC, C and PNC. Together the top 10 shared positions account for 92% of the total overlap.
What does IVV own that KBE doesn't?
487 positions (96.0% of IVV) are unique to IVV, led by NVDA, AAPL and MSFT. In the other direction, 86 positions (83.1% of KBE) are unique to KBE.