KBE vs SLYG: Holdings Overlap
KBEState Street® SPDR® S&P® Bank ETF
State Street (SPDR) · 102 holdings · $1.7B · as of 2026-08-06
SLYGState Street® SPDR® S&P 600™ Small Cap Growth ETF
State Street (SPDR) · 349 holdings · $5.3B · as of 2026-08-06
How similar are KBE and SLYG?
State Street® SPDR® S&P® Bank ETF (KBE, by State Street (SPDR)) holds 102 positions; State Street® SPDR® S&P 600™ Small Cap Growth ETF (SLYG, by State Street (SPDR)) holds 349. They have 21 holdings in common, and by portfolio weight the two funds are 4.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 21KBE holds 102 · SLYG holds 349
- Weight in Shared Holdings
- KBE 20%·SLYG 5%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
81 of 102 positions (78.5% of the fund) are not held by SLYG. Showing the top 30 by weight.
Only in SLYG
328 of 349 positions (95.0% of the fund) are not held by KBE. Showing the top 30 by weight.
Sector Breakdown
| Sector | KBE | SLYG |
|---|---|---|
| Financials | 98.9% | 15.7% |
| Industrials | 0.0% | 21.9% |
| Health Care | 0.0% | 15.0% |
| Information Technology | 0.0% | 13.8% |
| Consumer Discretionary | 0.0% | 12.0% |
| Other Sectors | 0.0% | 20.6% |
| Unclassified | 0.0% | 0.9% |
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 (0% of KBE, 1% of SLYG).
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% |
| SLYG | +1.2% | +25.9% | +33.5% | +15.2% | +6.7% | +11.2% | 0.64% |
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 SLYG →
Shared Holdings(21)
The top 10 shared positions account for 66% of the overlap, led by AX, NMIH and ABCB.
 AXAxos Financial Inc COM | 1.05% | 0.64% | 0.64% |
|---|---|---|---|
 NMIHNMI Holdings, Inc., Class A | 1.08% | 0.38% | 0.38% |
 ABCBAmeris Bancorp COM | 0.93% | 0.36% | 0.36% |
 TBBKBancorp, Inc. (The) | 1.17% | 0.33% | 0.33% |
 FBPFirst Bancorp Puerto Rico COM USD1 | 1.07% | 0.29% | 0.29% |
 RDNRadian Group Inc. COM | 0.95% | 0.27% | 0.27% |
 WSFSWSFS Financial Corporation COM | 1.00% | 0.25% | 0.25% |
 SFBSServisFirst Bancshares Inc. COM | 1.01% | 0.25% | 0.25% |
 INDBIndependent Bank Corp. COM | 0.94% | 0.20% | 0.20% |
 NICNicolet Bankshares Inc. COM | 1.09% | 0.19% | 0.19% |
 CBUCommunity Financial System Inc COM | 0.91% | 0.19% | 0.19% |
 BKUBankUnited Inc. COM | 0.88% | 0.18% | 0.18% |
 PRKPark National Corp COM | 1.06% | 0.18% | 0.18% |
 SBCFSeacoast Banking Corporation Of Florida COM NEW | 1.02% | 0.17% | 0.17% |
 BANFBancFirst Corp. COM | 0.90% | 0.16% | 0.16% |
 TRMKTrustmark Corp COM | 0.96% | 0.15% | 0.15% |
 CUBICustomers Bancorp, Inc. COM | 0.98% | 0.14% | 0.14% |
 FBNCFirst Bancorp/Southern Pines NC | 0.83% | 0.13% | 0.13% |
 FBKFB Financial Corp. COM | 1.02% | 0.12% | 0.12% |
 OFGOFG Bancorp COM USD1 | 0.85% | 0.11% | 0.11% |
 LKFNLakeland Financial Corp. COM | 0.64% | 0.08% | 0.08% |
Frequently Asked Questions
How much do KBE and SLYG overlap?
KBE and SLYG overlap by 4.8% of portfolio weight. They share 21 holdings (KBE holds 102 positions and SLYG holds 349), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KBE and SLYG?
The two portfolios are 4.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of KBE and SLYG?
The largest positions held by both funds are AX, NMIH, ABCB, TBBK and FBP. Together the top 10 shared positions account for 66% of the total overlap.
What does KBE own that SLYG doesn't?
81 positions (78.5% of KBE) are unique to KBE, led by CRBG, JXN and EQH. In the other direction, 328 positions (95.0% of SLYG) are unique to SLYG.