IYF vs XLF: Holdings Overlap
IYFiShares U.S. Financials ETF
iShares · 142 holdings · $4.5B · as of 2026-04-30
XLFState Street® Financial Select Sector SPDR® ETF
State Street (SPDR) · 77 holdings · $59.1B · as of 2026-08-06
Holdings snapshots are 98 days apart (IYF: 2026-04-30, XLF: 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 IYF and XLF?
iShares U.S. Financials ETF (IYF, by iShares) holds 142 positions; State Street® Financial Select Sector SPDR® ETF (XLF, by State Street (SPDR)) holds 77. They have 63 holdings in common, and by portfolio weight the two funds are 77.6% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 77.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 63IYF holds 142 · XLF holds 77
- Weight in Shared Holdings
- IYF 88%·XLF 80%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
79 of 142 positions (11.6% of the fund) are not held by XLF. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYF | XLF |
|---|---|---|
| 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% |
| XLF | +2.8% | +6.1% | +13.9% | +19.5% | +10.7% | +13.5% | 1.40% |
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 XLF →
Shared Holdings(63)
The top 10 shared positions account for 58% of the overlap, led by BRK-B, JPM and BAC.
 BRK-BBerkshire Hathaway, Inc., Class B | 10.90% | 11.78% | 10.90% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 10.78% | 11.69% | 10.78% |
 BACBank of America Corp. COM | 4.68% | 5.04% | 4.68% |
 GSGoldman Sachs Group, Inc. (The) | 4.17% | 3.73% | 3.73% |
 WFCWells Fargo & Co. COM | 3.95% | 3.26% | 3.26% |
 MSMorgan Stanley COM NEW | 3.50% | 3.14% | 3.14% |
 CCitigroup Inc. COM NEW | 3.59% | 2.80% | 2.80% |
 SCHWThe Charles Schwab Corporation COM | 2.48% | 2.16% | 2.16% |
 BLKBlackrock Inc. COM | 2.63% | 2.00% | 2.00% |
 AEXChubb Ltd. Switzerland ORD CHF24.15 | 1.93% | 1.56% | 1.56% |
 PGRThe Progressive Corporation COM | 1.91% | 1.54% | 1.54% |
 SPGIS&P Global Inc COM | 2.11% | 1.50% | 1.50% |
 BNYThe Bank of New York Mellon Corp. COM | 1.50% | 1.33% | 1.33% |
 PNCPNC Financial Services Group, Inc. (The) | 1.41% | 1.24% | 1.24% |
 BXBlackstone Inc., Class A | 1.51% | 1.21% | 1.21% |
 USBU.S. Bancorp. COM NEW | 1.43% | 1.21% | 1.21% |
 CMECME Group, Inc., Class A | 1.67% | 1.17% | 1.17% |
 MRSHMarsh & McLennan Companies, Inc. COM | 1.32% | 1.14% | 1.14% |
 ICEIntercontinental Exchange Inc COM | 1.46% | 1.04% | 1.04% |
 TRVTravelers Companies, Inc. COM | 1.07% | 1.01% | 1.01% |
 AONAon plc, Class A | 1.06% | 0.94% | 0.94% |
 HOODRobinhood Markets, Inc., Class A | 0.89% | 0.88% | 0.88% |
 KKRKKR & Co. Inc., Class A | 1.15% | 0.88% | 0.88% |
 MCOMoodys Corp. COM | 1.16% | 0.87% | 0.87% |
 ALLThe Allstate Corporation COM | 0.92% | 0.87% | 0.87% |
Frequently Asked Questions
How much do IYF and XLF overlap?
IYF and XLF overlap by 77.6% of portfolio weight. They share 63 holdings (IYF holds 142 positions and XLF holds 77), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYF and XLF?
The two portfolios are 77.6% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of IYF and XLF?
The largest positions held by both funds are BRK-B, JPM, BAC, GS and WFC. Together the top 10 shared positions account for 58% of the total overlap.
What does IYF own that XLF doesn't?
79 positions (11.6% of IYF) are unique to IYF, led by NU, LPLA and MKL. In the other direction, 14 positions (20.0% of XLF) are unique to XLF.