IWM vs KIE: Holdings Overlap
iShares · 1941 holdings · $82.2B · as of 2026-03-31
KIEState Street® SPDR® S&P® Insurance ETF
State Street (SPDR) · 53 holdings · $660M · as of 2026-08-06
Holdings snapshots are 128 days apart (IWM: 2026-03-31, KIE: 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 IWM and KIE?
iShares Russell 2000 ETF (IWM, by iShares) holds 1941 positions; State Street® SPDR® S&P® Insurance ETF (KIE, by State Street (SPDR)) holds 53. They have 11 holdings in common, and by portfolio weight the two funds are 1.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11IWM holds 1941 · KIE holds 53
- Weight in Shared Holdings
- IWM 1%·KIE 20%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 IWM
1930 of 1941 positions (98.6% of the fund) are not held by KIE. Showing the top 30 by weight.
Only in KIE
42 of 53 positions (79.4% of the fund) are not held by IWM. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWM | KIE |
|---|---|---|
| Financials | 15.3% | 98.3% |
| Industrials | 17.9% | 0.0% |
| Health Care | 16.6% | 1.6% |
| Information Technology | 13.6% | 0.0% |
| Consumer Discretionary | 8.0% | 0.0% |
| Other Sectors | 22.7% | 0.0% |
| Unclassified | 5.5% | 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. “Unclassified” is weight we could not classify (5% of IWM, 0% of KIE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWM | +1.8% | +23.0% | +38.6% | +17.1% | +7.5% | +10.8% | 0.88% |
| KIE | +0.2% | +8.3% | +16.0% | +16.1% | +12.6% | +12.3% | 1.51% |
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 IWM vs KIE →
Shared Holdings(11)
The top 10 shared positions account for 94% of the overlap, led by SIGI, CNO and LMND.
 SIGISelective Insurance Group Inc. COM | 0.16% | 1.78% | 0.16% |
|---|---|---|---|
 CNOCNO Financial Group, Inc. COM | 0.14% | 1.88% | 0.14% |
 LMNDLemonade Inc COM | 0.13% | 1.56% | 0.13% |
 GNWGenworth Financial, Inc., Class A | 0.11% | 1.82% | 0.11% |
 PLMRPalomar Holdings Inc COM | 0.11% | 2.03% | 0.11% |
 MCYMercury General Corporation COM | 0.08% | 1.78% | 0.08% |
 OSCROscar Health, Inc., Class A | 0.08% | 1.60% | 0.08% |
 BWINBaldwin Insurance Group, Inc. (The), Class A | 0.07% | 2.48% | 0.07% |
 STCStewart Information Services Corporation COM | 0.06% | 1.60% | 0.06% |
 SPNTSiriusPoint Ltd COM USD0.1 | 0.06% | 1.70% | 0.06% |
 SKWDSkyward Specialty Insurance Group Inc COM | 0.06% | 2.25% | 0.06% |
Frequently Asked Questions
How much do IWM and KIE overlap?
IWM and KIE overlap by 1.1% of portfolio weight. They share 11 holdings (IWM holds 1941 positions and KIE holds 53), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWM and KIE?
The two portfolios are 1.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IWM and KIE?
The largest positions held by both funds are SIGI, CNO, LMND, GNW and PLMR. Together the top 10 shared positions account for 94% of the total overlap.
What does IWM own that KIE doesn't?
1930 positions (98.6% of IWM) are unique to IWM, led by BE, CDE and FN. In the other direction, 42 positions (79.4% of KIE) are unique to KIE.