KBWB vs SDVY: Holdings Overlap
Invesco · 24 holdings · $6.8B · as of 2026-05-31
SDVYFirst Trust SMID Cap Rising Dividend Achievers ETF
First Trust · 167 holdings · $11.6B · as of 2026-03-31
Holdings snapshots are 61 days apart (KBWB: 2026-05-31, SDVY: 2026-03-31). 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 KBWB and SDVY?
Invesco KBW Bank ETF (KBWB, by Invesco) holds 24 positions; First Trust SMID Cap Rising Dividend Achievers ETF (SDVY, by First Trust) holds 167. They have 8 holdings in common, and by portfolio weight the two funds are 4.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8KBWB holds 24 · SDVY holds 167
- Weight in Shared Holdings
- KBWB 23%·SDVY 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 KBWB
16 of 24 positions (77.2% of the fund) are not held by SDVY.
Only in SDVY
159 of 167 positions (95.0% of the fund) are not held by KBWB. Showing the top 30 by weight.
Sector Breakdown
| Sector | KBWB | SDVY |
|---|---|---|
| Financials | 99.8% | 32.8% |
| Industrials | 0.0% | 32.3% |
| Consumer Discretionary | 0.0% | 9.9% |
| Consumer Staples | 0.0% | 6.3% |
| Information Technology | 0.0% | 6.2% |
| Other Sectors | 0.0% | 12.4% |
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 |
|---|---|---|---|---|---|---|---|
| KBWB | +1.5% | +17.1% | +39.1% | +32.5% | +11.4% | +13.3% | 1.90% |
| SDVY | +3.6% | +16.9% | +24.8% | +15.3% | +10.8% | — | 0.93% |
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 KBWB vs SDVY →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by NTRS, EWBC and ZION.
 NTRSNorthern Trust Corporation COM | 3.68% | 0.94% | 0.94% |
|---|---|---|---|
 EWBCEast West Bancorp Inc COM | 2.02% | 0.89% | 0.89% |
 ZIONZions Bancorporation Natl Assn Global Bank COM | 1.11% | 0.68% | 0.68% |
 HBANHuntington Bancshares Incorporated COM | 3.65% | 0.67% | 0.67% |
 MTBM&T Bank Corporation COM | 3.73% | 0.45% | 0.45% |
 FITBFifth Third Bancorp COM | 3.78% | 0.45% | 0.45% |
 RFRegions Financial Corporation COM | 2.90% | 0.44% | 0.44% |
 PNFPPinnacle Financial Partners Inc. COM | 1.77% | 0.39% | 0.39% |
Frequently Asked Questions
How much do KBWB and SDVY overlap?
KBWB and SDVY overlap by 4.9% of portfolio weight. They share 8 holdings (KBWB holds 24 positions and SDVY holds 167), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KBWB and SDVY?
The two portfolios are 4.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of KBWB and SDVY?
The largest positions held by both funds are NTRS, EWBC, ZION, HBAN and MTB. Together the top 8 shared positions account for 100% of the total overlap.
What does KBWB own that SDVY doesn't?
16 positions (77.2% of KBWB) are unique to KBWB, led by MS, GS and BAC. In the other direction, 159 positions (95.0% of SDVY) are unique to SDVY.