IWM vs KRE: Holdings Overlap
iShares · 1941 holdings · $82.2B · as of 2026-03-31
KREState Street® SPDR® S&P® Regional Banking ETF
State Street (SPDR) · 158 holdings · $4.5B · as of 2026-08-06
Holdings snapshots are 128 days apart (IWM: 2026-03-31, KRE: 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 KRE?
iShares Russell 2000 ETF (IWM, by iShares) holds 1941 positions; State Street® SPDR® S&P® Regional Banking ETF (KRE, by State Street (SPDR)) holds 158. They have 133 holdings in common, and by portfolio weight the two funds are 8.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 133IWM holds 1941 · KRE holds 158
- Weight in Shared Holdings
- IWM 9%·KRE 69%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
1808 of 1941 positions (91.1% of the fund) are not held by KRE. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWM | KRE |
|---|---|---|
| Financials | 15.3% | 97.7% |
| Industrials | 17.9% | 0.0% |
| Health Care | 16.6% | 0.0% |
| Information Technology | 13.6% | 0.0% |
| Consumer Discretionary | 8.0% | 0.0% |
| Other Sectors | 22.7% | 0.0% |
| Unclassified | 5.5% | 1.5% |
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, 2% of KRE).
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% |
| KRE | +1.5% | +19.0% | +32.6% | +19.1% | +5.9% | +9.0% | 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 IWM vs KRE →
Shared Holdings(133)
The top 10 shared positions account for 23% of the overlap, led by UMBF, ONB and VLY.
 UMBFUMB Financial Corporation | 0.28% | 1.37% | 0.28% |
|---|---|---|---|
 ONBOld National Bancorp COM | 0.26% | 1.36% | 0.26% |
 VLYValley National Bancorp. COM | 0.20% | 1.27% | 0.20% |
 UBSIUnited Bankshares Inc COM | 0.20% | 1.35% | 0.20% |
 GBCIGlacier Bancorp Inc. COM | 0.19% | 1.26% | 0.19% |
 HWCHancock Whitney Corporation COM | 0.18% | 1.36% | 0.18% |
 HOMBHome BancShares Inc. COM | 0.17% | 1.39% | 0.17% |
 ABCBAmeris Bancorp COM | 0.17% | 1.27% | 0.17% |
 AUBAtlantic Union Bankshares Corp COM | 0.17% | 1.34% | 0.17% |
 AXAxos Financial Inc COM | 0.16% | 1.21% | 0.16% |
 ASBAssociated Banc-Corp COM | 0.15% | 1.36% | 0.15% |
 EBCEastern Bankshares Inc COM | 0.14% | 1.32% | 0.14% |
 TCBITexas Capital Bancshares, Inc. COM | 0.14% | 1.24% | 0.14% |
 FLGFlagstar Bank National Association COM NEW | 0.14% | 1.22% | 0.14% |
 FFINFirst Financial Bankshares Inc COM | 0.13% | 0.81% | 0.13% |
 UCBUnited Community Banks Inc.(South Carolina) COM | 0.13% | 0.91% | 0.13% |
 SFBSServisFirst Bancshares Inc. COM | 0.13% | 0.76% | 0.13% |
 INDBIndependent Bank Corp. COM | 0.13% | 0.87% | 0.13% |
 IBOCInternational Bancshares Corporation | 0.13% | 0.75% | 0.13% |
 FULTFulton Financial Corporation COM | 0.12% | 1.34% | 0.12% |
 WSFSWSFS Financial Corporation COM | 0.12% | 0.98% | 0.12% |
 BKUBankUnited Inc. COM | 0.11% | 1.14% | 0.11% |
 FBPFirst Bancorp Puerto Rico COM USD1 | 0.11% | 1.14% | 0.11% |
 RNSTRenasant Corp. COM | 0.11% | 0.90% | 0.11% |
 WSBCWesbanco Inc COM | 0.11% | 0.81% | 0.11% |
Frequently Asked Questions
How much do IWM and KRE overlap?
IWM and KRE overlap by 8.6% of portfolio weight. They share 133 holdings (IWM holds 1941 positions and KRE holds 158), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWM and KRE?
The two portfolios are 8.6% 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 IWM and KRE?
The largest positions held by both funds are UMBF, ONB, VLY, UBSI and GBCI. Together the top 10 shared positions account for 23% of the total overlap.
What does IWM own that KRE doesn't?
1808 positions (91.1% of IWM) are unique to IWM, led by BE, CDE and FN. In the other direction, 25 positions (30.5% of KRE) are unique to KRE.