IWN vs KIE: Holdings Overlap
IWNiShares Russell 2000 Value ETF
iShares · 1406 holdings · $14.7B · 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 (IWN: 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 IWN and KIE?
iShares Russell 2000 Value ETF (IWN, by iShares) holds 1406 positions; State Street® SPDR® S&P® Insurance ETF (KIE, by State Street (SPDR)) holds 53. They have 6 holdings in common, and by portfolio weight the two funds are 0.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6IWN holds 1406 · KIE holds 53
- Weight in Shared Holdings
- IWN 1%·KIE 11%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 IWN
1400 of 1406 positions (98.7% of the fund) are not held by KIE. Showing the top 30 by weight.
Only in KIE
47 of 53 positions (89.3% of the fund) are not held by IWN. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWN | KIE |
|---|---|---|
| Financials | 22.4% | 98.3% |
| Industrials | 11.9% | 0.0% |
| Health Care | 10.0% | 1.6% |
| Consumer Discretionary | 8.7% | 0.0% |
| Energy | 8.5% | 0.0% |
| Other Sectors | 31.1% | 0.0% |
| Unclassified | 7.1% | 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 (7% of IWN, 0% of KIE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWN | +2.4% | +25.3% | +42.6% | +16.8% | +9.0% | +10.2% | 1.41% |
| 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 IWN vs KIE →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by CNO, GNW and MCY.
 CNOCNO Financial Group, Inc. COM | 0.27% | 1.88% | 0.27% |
|---|---|---|---|
 GNWGenworth Financial, Inc., Class A | 0.22% | 1.82% | 0.22% |
 MCYMercury General Corporation COM | 0.16% | 1.78% | 0.16% |
 STCStewart Information Services Corporation COM | 0.13% | 1.60% | 0.13% |
 SPNTSiriusPoint Ltd COM USD0.1 | 0.12% | 1.70% | 0.12% |
 SIGISelective Insurance Group Inc. COM | 0.04% | 1.78% | 0.04% |
Frequently Asked Questions
How much do IWN and KIE overlap?
IWN and KIE overlap by 0.9% of portfolio weight. They share 6 holdings (IWN holds 1406 positions and KIE holds 53), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWN and KIE?
The two portfolios are 0.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IWN and KIE?
The largest positions held by both funds are CNO, GNW, MCY, STC and SPNT. Together the top 6 shared positions account for 100% of the total overlap.
What does IWN own that KIE doesn't?
1400 positions (98.7% of IWN) are unique to IWN, led by ECHO, TTMI and CDE. In the other direction, 47 positions (89.3% of KIE) are unique to KIE.