IVV vs KBWB: Holdings Overlap
iShares · 503 holdings · $901.0B · as of 2026-03-31
Invesco · 24 holdings · $6.8B · as of 2026-05-31
Holdings snapshots are 61 days apart (IVV: 2026-03-31, 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 IVV and KBWB?
iShares Core S&P 500 ETF (IVV, by iShares) holds 503 positions; Invesco KBW Bank ETF (KBWB, by Invesco) holds 24. They have 19 holdings in common, and by portfolio weight the two funds are 4.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19IVV holds 503 · KBWB holds 24
- Weight in Shared Holdings
- IVV 5%·KBWB 92%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
484 of 503 positions (95.0% of the fund) are not held by KBWB. Showing the top 30 by weight.
Sector Breakdown
| Sector | IVV | KBWB |
|---|---|---|
| Financials | 12.6% | 99.8% |
| 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% |
| 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 IVV vs KBWB →
Shared Holdings(19)
The top 10 shared positions account for 89% of the overlap, led by JPM, BAC and GS.
 JPMJPMorgan Chase & Co. | 1.42% | 7.47% | 1.42% |
|---|---|---|---|
 BACBank of America Corp. | 0.58% | 7.76% | 0.58% |
 GSGoldman Sachs Group, Inc. (The) | 0.45% | 8.94% | 0.45% |
 WFCWells Fargo & Co. | 0.44% | 7.13% | 0.44% |
 CCitigroup, Inc. | 0.35% | 4.28% | 0.35% |
 MSMorgan Stanley | 0.35% | 9.36% | 0.35% |
 COFCapital One Financial Corp. | 0.20% | 3.60% | 0.20% |
 PNCPNC Financial Services Group, Inc. (The) | 0.15% | 3.90% | 0.15% |
 BNYBank of New York Mellon Corp. (The) | 0.15% | 4.39% | 0.15% |
 USBU.S. Bancorp | 0.14% | 3.76% | 0.14% |
 TFCTruist Financial Corp. | 0.10% | 3.66% | 0.10% |
 FITBFifth Third Bancorp | 0.07% | 3.78% | 0.07% |
 STTState Street Corp. | 0.06% | 4.53% | 0.06% |
 HBANHuntington Bancshares, Inc. | 0.06% | 3.65% | 0.06% |
 MTBM&T Bank Corp. | 0.06% | 3.73% | 0.06% |
 NTRSNorthern Trust Corp. | 0.05% | 3.68% | 0.05% |
 CFGCitizens Financial Group, Inc. | 0.05% | 3.17% | 0.05% |
 RFRegions Financial Corp. | 0.04% | 2.90% | 0.04% |
 KEYKeyCorp | 0.03% | 2.78% | 0.03% |
Frequently Asked Questions
How much do IVV and KBWB overlap?
IVV and KBWB overlap by 4.8% of portfolio weight. They share 19 holdings (IVV holds 503 positions and KBWB holds 24), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IVV and KBWB?
The two portfolios are 4.8% 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 KBWB?
The largest positions held by both funds are JPM, BAC, GS, WFC and C. Together the top 10 shared positions account for 89% of the total overlap.
What does IVV own that KBWB doesn't?
484 positions (95.0% of IVV) are unique to IVV, led by NVDA, AAPL and MSFT. In the other direction, 5 positions (7.3% of KBWB) are unique to KBWB.