KBE vs MDYV: Holdings Overlap
KBEState Street® SPDR® S&P® Bank ETF
State Street (SPDR) · 102 holdings · $1.7B · as of 2026-08-06
MDYVState Street® SPDR® S&P 400™ Mid Cap Value ETF
State Street (SPDR) · 297 holdings · $2.9B · as of 2026-08-06
How similar are KBE and MDYV?
State Street® SPDR® S&P® Bank ETF (KBE, by State Street (SPDR)) holds 102 positions; State Street® SPDR® S&P 400™ Mid Cap Value ETF (MDYV, by State Street (SPDR)) holds 297. They have 31 holdings in common, and by portfolio weight the two funds are 13.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 31KBE holds 102 · MDYV holds 297
- Weight in Shared Holdings
- KBE 30%·MDYV 13%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 KBE
71 of 102 positions (68.5% of the fund) are not held by MDYV. Showing the top 30 by weight.
Only in MDYV
266 of 297 positions (86.7% of the fund) are not held by KBE. Showing the top 30 by weight.
Sector Breakdown
| Sector | KBE | MDYV |
|---|---|---|
| Financials | 98.9% | 23.4% |
| Industrials | 0.0% | 18.7% |
| Consumer Discretionary | 0.0% | 12.5% |
| Information Technology | 0.0% | 8.3% |
| Real Estate | 0.0% | 8.2% |
| Other Sectors | 0.0% | 28.8% |
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 |
|---|---|---|---|---|---|---|---|
| KBE | +1.8% | +16.6% | +29.1% | +21.5% | +9.2% | +10.6% | 2.10% |
| MDYV | +3.1% | +15.2% | +23.9% | +12.9% | +9.2% | +10.6% | 1.64% |
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 KBE vs MDYV →
Shared Holdings(31)
The top 10 shared positions account for 48% of the overlap, led by PNFP, WBS and FHN.
 PNFPPinnacle Financial Partners Inc. COM | 1.03% | 0.90% | 0.90% |
|---|---|---|---|
 WBSWebster Financial Corporation | 1.00% | 0.72% | 0.72% |
 FHNFirst Horizon Corporation COM | 0.94% | 0.69% | 0.69% |
 WTFCWintrust Financial Corporation COM | 0.94% | 0.61% | 0.61% |
 SSBSouthState Bank Corporation | 1.01% | 0.60% | 0.60% |
 ZIONZions Bancorporation Natl Assn Global Bank COM | 0.97% | 0.59% | 0.59% |
 UMBFUMB Financial Corporation | 1.00% | 0.59% | 0.59% |
 VOYAVoya Financial Inc COM | 1.04% | 0.52% | 0.52% |
 ONBOld National Bancorp COM | 0.99% | 0.52% | 0.52% |
 COLBColumbia Banking System Inc. COM | 0.93% | 0.51% | 0.51% |
 EWBCEast West Bancorp Inc COM | 0.94% | 0.50% | 0.50% |
 PBProsperity Bancshares Inc COM | 0.95% | 0.50% | 0.50% |
 WALWestern Alliance Bancorporation | 0.91% | 0.47% | 0.47% |
 CRBGCorebridge Financial Inc. | 1.14% | 0.47% | 0.47% |
 CBSHCommerce Bancshares Inc COM | 0.99% | 0.46% | 0.46% |
 EQHEquitable Holdings Inc COM | 1.13% | 0.43% | 0.43% |
 VLYValley National Bancorp. COM | 0.93% | 0.39% | 0.39% |
 FNBF N B Corp (Pennsylvania) COM | 0.95% | 0.38% | 0.38% |
 UBSIUnited Bankshares Inc COM | 0.98% | 0.38% | 0.38% |
 HWCHancock Whitney Corporation COM | 0.99% | 0.36% | 0.36% |
 GBCIGlacier Bancorp Inc. COM | 0.92% | 0.35% | 0.35% |
 HOMBHome BancShares Inc. COM | 1.02% | 0.33% | 0.33% |
 OZKBank OZK COM | 0.92% | 0.30% | 0.30% |
 CFRCullen/Frost Bankers, Inc. COM | 1.04% | 0.29% | 0.29% |
 ASBAssociated Banc-Corp COM | 0.99% | 0.29% | 0.29% |
Frequently Asked Questions
How much do KBE and MDYV overlap?
KBE and MDYV overlap by 13.2% of portfolio weight. They share 31 holdings (KBE holds 102 positions and MDYV holds 297), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KBE and MDYV?
The two portfolios are 13.2% 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 KBE and MDYV?
The largest positions held by both funds are PNFP, WBS, FHN, WTFC and SSB. Together the top 10 shared positions account for 48% of the total overlap.
What does KBE own that MDYV doesn't?
71 positions (68.5% of KBE) are unique to KBE, led by TBBK, JXN and NIC. In the other direction, 266 positions (86.7% of MDYV) are unique to MDYV.