KIE vs USMV: Holdings Overlap
KIEState Street® SPDR® S&P® Insurance ETF
State Street (SPDR) · 53 holdings · $660M · as of 2026-08-06
USMViShares MSCI USA Min Vol Factor ETF
iShares · 170 holdings · $24.1B · as of 2026-04-30
Holdings snapshots are 98 days apart (KIE: 2026-08-06, USMV: 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 KIE and USMV?
State Street® SPDR® S&P® Insurance ETF (KIE, by State Street (SPDR)) holds 53 positions; iShares MSCI USA Min Vol Factor ETF (USMV, by iShares) holds 170. They have 13 holdings in common, and by portfolio weight the two funds are 7.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13KIE holds 53 · USMV holds 170
- Weight in Shared Holdings
- KIE 25%·USMV 7%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
40 of 53 positions (75.2% of the fund) are not held by USMV. Showing the top 30 by weight.
Sector Breakdown
| Sector | KIE | USMV |
|---|---|---|
| Financials | 98.3% | 13.7% |
| Information Technology | 0.0% | 29.2% |
| Health Care | 1.6% | 12.7% |
| Consumer Staples | 0.0% | 9.9% |
| Utilities | 0.0% | 7.6% |
| Other Sectors | 0.0% | 26.6% |
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% |
| USMV | +2.3% | +7.6% | +10.3% | +12.2% | +7.4% | +9.9% | 1.44% |
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 USMV →
Shared Holdings(13)
The top 10 shared positions account for 93% of the overlap, led by CB, TRV and PGR.
 CBChubb Ltd. Switzerland ORD CHF24.15 | 1.79% | 1.49% | 1.49% |
|---|---|---|---|
 TRVTravelers Companies, Inc. COM | 2.13% | 1.09% | 1.09% |
 PGRThe Progressive Corporation COM | 1.77% | 1.07% | 1.07% |
 MRSHMarsh & McLennan Companies, Inc. COM | 1.94% | 0.83% | 0.83% |
 ALLThe Allstate Corporation COM | 2.07% | 0.50% | 0.50% |
 ACGLArch Capital Group Ltd. COM USD0.01 | 1.82% | 0.49% | 0.49% |
 AONAon plc, Class A | 1.80% | 0.43% | 0.43% |
 LLoews Corporation COM | 1.80% | 0.38% | 0.38% |
 WRBW.R. Berkley Corporation COM | 1.77% | 0.34% | 0.34% |
 WTWWillis Towers Watson Public Limited Company COM USD0.000304635 | 2.16% | 0.31% | 0.31% |
 AJGArthur J. Gallagher & Co. | 1.92% | 0.29% | 0.29% |
 HIGThe Hartford Insurance Group Inc. COM | 1.87% | 0.14% | 0.14% |
 ERIEErie Indemnity Co., Class A | 1.84% | 0.08% | 0.08% |
Frequently Asked Questions
How much do KIE and USMV overlap?
KIE and USMV overlap by 7.4% of portfolio weight. They share 13 holdings (KIE holds 53 positions and USMV holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KIE and USMV?
The two portfolios are 7.4% 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 KIE and USMV?
The largest positions held by both funds are CB, TRV, PGR, MRSH and ALL. Together the top 10 shared positions account for 93% of the total overlap.
What does KIE own that USMV doesn't?
40 positions (75.2% of KIE) are unique to KIE, led by BWIN, SKWD and LNC. In the other direction, 157 positions (92.3% of USMV) are unique to USMV.