KIE vs SCHM: Holdings Overlap
KIEState Street® SPDR® S&P® Insurance ETF
State Street (SPDR) · 53 holdings · $660M · as of 2026-08-06
Schwab · 496 holdings · $15.1B · as of 2026-05-31
Holdings snapshots are 67 days apart (KIE: 2026-08-06, SCHM: 2026-05-31). 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 KIE and SCHM?
State Street® SPDR® S&P® Insurance ETF (KIE, by State Street (SPDR)) holds 53 positions; Schwab U.S. Mid-Cap ETF (SCHM, by Schwab) holds 496. They have 19 holdings in common, and by portfolio weight the two funds are 3.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19KIE holds 53 · SCHM holds 496
- Weight in Shared Holdings
- KIE 36%·SCHM 3%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 KIE
34 of 53 positions (63.6% of the fund) are not held by SCHM. Showing the top 30 by weight.
Sector Breakdown
| Sector | KIE | SCHM |
|---|---|---|
| Financials | 98.3% | 11.7% |
| Industrials | 0.0% | 22.5% |
| Information Technology | 0.0% | 20.2% |
| Health Care | 1.6% | 10.8% |
| Consumer Discretionary | 0.0% | 9.5% |
| Other Sectors | 0.0% | 25.0% |
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 |
|---|---|---|---|---|---|---|---|
| KIE | +0.2% | +8.3% | +16.0% | +16.1% | +12.6% | +12.3% | 1.51% |
| SCHM | +1.6% | +20.7% | +28.9% | +15.8% | +8.2% | +11.2% | 1.22% |
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 KIE vs SCHM →
Shared Holdings(19)
The top 10 shared positions account for 69% of the overlap, led by L, RGA and EG.
 LLoews Corporation COM | 1.80% | 0.32% | 0.32% |
|---|---|---|---|
 RGAReinsurance Group of America, Incorporated COM NEW | 1.93% | 0.24% | 0.24% |
 EGEverest Group Ltd COM USD0.01 | 1.85% | 0.24% | 0.24% |
 UNMUnum Group COM | 1.66% | 0.24% | 0.24% |
 AIZAssurant Inc. COM | 1.93% | 0.23% | 0.23% |
 GLGlobe Life Inc COM | 1.92% | 0.23% | 0.23% |
 RNRRenaissancere Holdings Ltd. COM USD1 | 1.84% | 0.23% | 0.23% |
 FNFFidelity National Financial Inc. - FNF Group | 1.85% | 0.22% | 0.22% |
 AFGAmerican Financial Group, Inc. COM | 1.86% | 0.17% | 0.17% |
 PRIPrimerica, Inc. COM | 1.98% | 0.16% | 0.16% |
 ORIOld Republic International Corporation COM | 1.90% | 0.16% | 0.16% |
 AXSAXIS Capital Holdings Limited COM USD0.0125 | 1.75% | 0.14% | 0.14% |
 FAFFirst American Financial Corporation COM | 1.91% | 0.13% | 0.13% |
 KNSLKinsale Capital Group Inc COM | 2.01% | 0.12% | 0.12% |
 THGThe Hanover Insurance Group, Inc. COM | 1.97% | 0.12% | 0.12% |
 LNCLincoln National Corp. COM | 2.16% | 0.11% | 0.11% |
 SIGISelective Insurance Group Inc. COM | 1.78% | 0.10% | 0.10% |
 RLIRLI Corp COM | 2.00% | 0.09% | 0.09% |
 RYANRyan Specialty Holdings, Inc., Class A | 2.15% | 0.07% | 0.07% |
Frequently Asked Questions
How much do KIE and SCHM overlap?
KIE and SCHM overlap by 3.3% of portfolio weight. They share 19 holdings (KIE holds 53 positions and SCHM holds 496), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KIE and SCHM?
The two portfolios are 3.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of KIE and SCHM?
The largest positions held by both funds are L, RGA, EG, UNM and AIZ. Together the top 10 shared positions account for 69% of the total overlap.
What does KIE own that SCHM doesn't?
34 positions (63.6% of KIE) are unique to KIE, led by BWIN, SKWD and WTW. In the other direction, 477 positions (96.6% of SCHM) are unique to SCHM.