KNG vs XLI: Holdings Overlap
KNGFT Vest S&P 500 Dividend Aristocrats Target Income ETF
First Trust · 69 holdings · $3.5B · as of 2026-04-30
XLIState Street® Industrial Select Sector SPDR® ETF
State Street (SPDR) · 83 holdings · $34.2B · as of 2026-08-06
Holdings snapshots are 98 days apart (KNG: 2026-04-30, XLI: 2026-08-06). 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 KNG and XLI?
FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG, by First Trust) holds 69 positions; State Street® Industrial Select Sector SPDR® ETF (XLI, by State Street (SPDR)) holds 83. They have 15 holdings in common, and by portfolio weight the two funds are 12.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15KNG holds 69 · XLI holds 83
- Weight in Shared Holdings
- KNG 22%·XLI 18%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 KNG
54 of 69 positions (78.4% of the fund) are not held by XLI. Showing the top 30 by weight.
Sector Breakdown
| Sector | KNG | XLI |
|---|---|---|
| Industrials | 21.8% | 99.9% |
| Consumer Staples | 23.5% | 0.0% |
| Financials | 12.7% | 0.0% |
| Materials | 11.5% | 0.0% |
| Health Care | 10.2% | 0.0% |
| Other Sectors | 20.5% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| KNG | +1.6% | +11.1% | +13.7% | +7.8% | +6.0% | — | 8.10% |
| XLI | +1.5% | +20.0% | +24.5% | +20.8% | +14.0% | +14.2% | 1.11% |
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 KNG vs XLI →
Shared Holdings(15)
The top 10 shared positions account for 91% of the overlap, led by CAT, GD and ADP.
 CATCaterpillar Inc COM | 1.62% | 6.79% | 1.62% |
|---|---|---|---|
 GDGeneral Dynamics Corporation COM | 1.54% | 1.69% | 1.54% |
 ADPAutomatic Data Processing, Inc. COM | 1.52% | 1.88% | 1.52% |
 EMREmerson Electric Co. COM | 1.41% | 1.51% | 1.41% |
 ITWIllinois Tool Works Inc. COM | 1.39% | 1.33% | 1.33% |
 CTASCintas Corporation COM | 1.44% | 1.18% | 1.18% |
 FASTFastenal Co. COM | 1.43% | 1.00% | 1.00% |
 GWWW.w. Grainger Inc. COM | 1.44% | 0.96% | 0.96% |
 DOVDover Corporation COM | 1.50% | 0.49% | 0.49% |
 EXPDExpeditors International Of Washington Inc. COM | 1.43% | 0.40% | 0.40% |
 CHRWC.H. Robinson Worldwide Inc COM NEW | 1.44% | 0.30% | 0.30% |
 NDSNNordson Corp COM | 1.48% | 0.28% | 0.28% |
 SWKSTANLEY BLACK and DECKER INC COMMON STOCK USD2.5 | 1.49% | 0.27% | 0.27% |
 PNRPentair PLC COM USD0.01 | 1.31% | 0.19% | 0.19% |
 AOSSmith(Ao)Corp COM | 1.38% | 0.12% | 0.12% |
Frequently Asked Questions
How much do KNG and XLI overlap?
KNG and XLI overlap by 12.6% of portfolio weight. They share 15 holdings (KNG holds 69 positions and XLI holds 83), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KNG and XLI?
The two portfolios are 12.6% 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 KNG and XLI?
The largest positions held by both funds are CAT, GD, ADP, EMR and ITW. Together the top 10 shared positions account for 91% of the total overlap.
What does KNG own that XLI doesn't?
54 positions (78.4% of KNG) are unique to KNG, led by BEN, WST and NUE. In the other direction, 68 positions (81.5% of XLI) are unique to XLI.