IYF vs KBWB: Holdings Overlap
IYFiShares U.S. Financials ETF
iShares · 142 holdings · $4.5B · as of 2026-04-30
Invesco · 24 holdings · $6.8B · as of 2026-05-31
Holdings snapshots are 31 days apart (IYF: 2026-04-30, 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 IYF and KBWB?
iShares U.S. Financials ETF (IYF, by iShares) holds 142 positions; Invesco KBW Bank ETF (KBWB, by Invesco) holds 24. They have 23 holdings in common, and by portfolio weight the two funds are 37.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 37.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23IYF holds 142 · KBWB holds 24
- Weight in Shared Holdings
- IYF 41%·KBWB 96%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 IYF
119 of 142 positions (58.5% of the fund) are not held by KBWB. Showing the top 30 by weight.
Only in KBWB
1 of 24 positions (3.6% of the fund) are not held by IYF.
COFCapital One Financial Corp.3.60%
Sector Breakdown
| Sector | IYF | KBWB |
|---|---|---|
| Financials | 99.4% | 99.8% |
| Industrials | 0.3% | 0.0% |
| Other Sectors | 0.0% | 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 |
|---|---|---|---|---|---|---|---|
| IYF | +2.4% | +7.0% | +15.4% | +21.7% | +12.0% | +13.6% | 1.40% |
| 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 IYF vs KBWB →
Shared Holdings(23)
The top 10 shared positions account for 86% of the overlap, led by JPM, BAC and GS.
 JPMJPMorgan Chase & Co. COM | 10.78% | 7.47% | 7.47% |
|---|---|---|---|
 BACBank of America Corp. COM | 4.68% | 7.76% | 4.68% |
 GSGoldman Sachs Group, Inc. (The) | 4.17% | 8.94% | 4.17% |
 WFCWells Fargo & Co. COM | 3.95% | 7.13% | 3.95% |
 CCitigroup Inc. COM NEW | 3.59% | 4.28% | 3.59% |
 MSMorgan Stanley COM NEW | 3.50% | 9.36% | 3.50% |
 BNYThe Bank of New York Mellon Corp. COM | 1.50% | 4.39% | 1.50% |
 USBU.S. Bancorp. COM NEW | 1.43% | 3.76% | 1.43% |
 PNCPNC Financial Services Group, Inc. (The) | 1.41% | 3.90% | 1.41% |
 TFCTruist Financial Corp. COM | 1.05% | 3.66% | 1.05% |
 FITBFifth Third Bancorp COM | 0.74% | 3.78% | 0.74% |
 STTState Street Corp. COM | 0.69% | 4.53% | 0.69% |
 HBANHuntington Bancshares Incorporated COM | 0.55% | 3.65% | 0.55% |
 MTBM&T Bank Corporation COM | 0.54% | 3.73% | 0.54% |
 NTRSNorthern Trust Corporation COM | 0.50% | 3.68% | 0.50% |
 CFGCitizens Financial Group Inc COM | 0.45% | 3.17% | 0.45% |
 RFRegions Financial Corporation COM | 0.40% | 2.90% | 0.40% |
 KEYKeyCorp COM | 0.33% | 2.78% | 0.33% |
 EWBCEast West Bancorp Inc COM | 0.28% | 2.02% | 0.28% |
 PNFPPinnacle Financial Partners Inc. COM | 0.24% | 1.77% | 0.24% |
 FHNFirst Horizon Corporation COM | 0.19% | 1.40% | 0.19% |
 ZIONZions Bancorporation Natl Assn Global Bank COM | 0.15% | 1.11% | 0.15% |
 WALWestern Alliance Bancorporation | 0.14% | 1.05% | 0.14% |
Frequently Asked Questions
How much do IYF and KBWB overlap?
IYF and KBWB overlap by 37.9% of portfolio weight. They share 23 holdings (IYF holds 142 positions and KBWB holds 24), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYF and KBWB?
The two portfolios are 37.9% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of IYF and KBWB?
The largest positions held by both funds are JPM, BAC, GS, WFC and C. Together the top 10 shared positions account for 86% of the total overlap.
What does IYF own that KBWB doesn't?
119 positions (58.5% of IYF) are unique to IYF, led by BRK-B, BLK and SCHW. In the other direction, 1 positions (3.6% of KBWB) are unique to KBWB.