KBE vs SPGP: Holdings Overlap
KBEState Street® SPDR® S&P® Bank ETF
State Street (SPDR) · 102 holdings · $1.7B · as of 2026-08-06
Invesco · 73 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 98 days apart (KBE: 2026-08-06, SPGP: 2026-04-30). 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 KBE and SPGP?
State Street® SPDR® S&P® Bank ETF (KBE, by State Street (SPDR)) holds 102 positions; Invesco S&P 500 GARP ETF (SPGP, by Invesco) holds 73. They have 6 holdings in common, and by portfolio weight the two funds are 6.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6KBE holds 102 · SPGP holds 73
- Weight in Shared Holdings
- KBE 6%·SPGP 8%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
96 of 102 positions (92.9% of the fund) are not held by SPGP. Showing the top 30 by weight.
Sector Breakdown
| Sector | KBE | SPGP |
|---|---|---|
| Financials | 98.9% | 25.7% |
| Industrials | 0.0% | 18.1% |
| Consumer Discretionary | 0.0% | 18.0% |
| Information Technology | 0.0% | 18.0% |
| Energy | 0.0% | 7.1% |
| Other Sectors | 0.0% | 13.1% |
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% |
| SPGP | +3.2% | +13.3% | +20.4% | +12.0% | +8.3% | +15.2% | 0.79% |
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 SPGP →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by USB, MTB and NTRS.
 USBU.S. Bancorp. COM NEW | 1.02% | 1.18% | 1.02% |
|---|---|---|---|
 MTBM&T Bank Corporation COM | 1.02% | 1.18% | 1.02% |
 NTRSNorthern Trust Corporation COM | 1.01% | 2.16% | 1.01% |
 PNCPNC Financial Services Group, Inc. (The) | 0.99% | 1.31% | 0.99% |
 FITBFifth Third Bancorp COM | 0.98% | 1.07% | 0.98% |
 HBANHuntington Bancshares Incorporated COM | 0.94% | 1.13% | 0.94% |
Frequently Asked Questions
How much do KBE and SPGP overlap?
KBE and SPGP overlap by 6.0% of portfolio weight. They share 6 holdings (KBE holds 102 positions and SPGP holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KBE and SPGP?
The two portfolios are 6.0% 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 SPGP?
The largest positions held by both funds are USB, MTB, NTRS, PNC and FITB. Together the top 6 shared positions account for 100% of the total overlap.
What does KBE own that SPGP doesn't?
96 positions (92.9% of KBE) are unique to KBE, led by TBBK, CRBG and JXN. In the other direction, 67 positions (92.0% of SPGP) are unique to SPGP.