IWN vs KRE: Holdings Overlap
IWNiShares Russell 2000 Value ETF
iShares · 1406 holdings · $14.7B · 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 (IWN: 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 IWN and KRE?
iShares Russell 2000 Value ETF (IWN, by iShares) holds 1406 positions; State Street® SPDR® S&P® Regional Banking ETF (KRE, by State Street (SPDR)) holds 158. They have 128 holdings in common, and by portfolio weight the two funds are 15.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 128IWN holds 1406 · KRE holds 158
- Weight in Shared Holdings
- IWN 15%·KRE 65%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
1278 of 1406 positions (84.5% of the fund) are not held by KRE. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWN | KRE |
|---|---|---|
| Financials | 22.4% | 97.7% |
| Industrials | 11.9% | 0.0% |
| Health Care | 10.0% | 0.0% |
| Consumer Discretionary | 8.7% | 0.0% |
| Energy | 8.5% | 0.0% |
| Other Sectors | 31.1% | 0.0% |
| Unclassified | 7.1% | 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 (7% of IWN, 2% of KRE).
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% |
| 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 IWN vs KRE →
Shared Holdings(128)
The top 10 shared positions account for 25% of the overlap, led by UMBF, ONB and UBSI.
 UMBFUMB Financial Corporation | 0.52% | 1.37% | 0.52% |
|---|---|---|---|
 ONBOld National Bancorp COM | 0.47% | 1.36% | 0.47% |
 UBSIUnited Bankshares Inc COM | 0.40% | 1.35% | 0.40% |
 HWCHancock Whitney Corporation COM | 0.37% | 1.36% | 0.37% |
 ABCBAmeris Bancorp COM | 0.35% | 1.27% | 0.35% |
 AUBAtlantic Union Bankshares Corp COM | 0.35% | 1.34% | 0.35% |
 HOMBHome BancShares Inc. COM | 0.35% | 1.39% | 0.35% |
 GBCIGlacier Bancorp Inc. COM | 0.32% | 1.26% | 0.32% |
 VLYValley National Bancorp. COM | 0.31% | 1.27% | 0.31% |
 ASBAssociated Banc-Corp COM | 0.30% | 1.36% | 0.30% |
 EBCEastern Bankshares Inc COM | 0.29% | 1.32% | 0.29% |
 AXAxos Financial Inc COM | 0.28% | 1.21% | 0.28% |
 FLGFlagstar Bank National Association COM NEW | 0.28% | 1.22% | 0.28% |
 UCBUnited Community Banks Inc.(South Carolina) COM | 0.26% | 0.91% | 0.26% |
 INDBIndependent Bank Corp. COM | 0.26% | 0.87% | 0.26% |
 FULTFulton Financial Corporation COM | 0.26% | 1.34% | 0.26% |
 TCBITexas Capital Bancshares, Inc. COM | 0.25% | 1.24% | 0.25% |
 WSFSWSFS Financial Corporation COM | 0.24% | 0.98% | 0.24% |
 RNSTRenasant Corp. COM | 0.24% | 0.90% | 0.24% |
 BKUBankUnited Inc. COM | 0.23% | 1.14% | 0.23% |
 IBOCInternational Bancshares Corporation | 0.23% | 0.75% | 0.23% |
 CATYCathay General Bancorp COM | 0.23% | 0.76% | 0.23% |
 WSBCWesbanco Inc COM | 0.21% | 0.81% | 0.21% |
 SBCFSeacoast Banking Corporation Of Florida COM NEW | 0.20% | 0.84% | 0.20% |
 FIBKFirst Interstate BancSystem, Inc., Class A | 0.20% | 1.29% | 0.20% |
Frequently Asked Questions
How much do IWN and KRE overlap?
IWN and KRE overlap by 15.2% of portfolio weight. They share 128 holdings (IWN holds 1406 positions and KRE holds 158), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWN and KRE?
The two portfolios are 15.2% 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 IWN and KRE?
The largest positions held by both funds are UMBF, ONB, UBSI, HWC and ABCB. Together the top 10 shared positions account for 25% of the total overlap.
What does IWN own that KRE doesn't?
1278 positions (84.5% of IWN) are unique to IWN, led by ECHO, TTMI and CDE. In the other direction, 30 positions (33.8% of KRE) are unique to KRE.