KNG vs XLP: Holdings Overlap
KNGFT Vest S&P 500 Dividend Aristocrats Target Income ETF
First Trust · 69 holdings · $3.5B · as of 2026-04-30
XLPState Street® Consumer Staples Select Sector SPDR® ETF
State Street (SPDR) · 34 holdings · $14.7B · as of 2026-08-06
Holdings snapshots are 98 days apart (KNG: 2026-04-30, XLP: 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 XLP?
FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG, by First Trust) holds 69 positions; State Street® Consumer Staples Select Sector SPDR® ETF (XLP, by State Street (SPDR)) holds 34. They have 16 holdings in common, and by portfolio weight the two funds are 19.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 19.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 16KNG holds 69 · XLP holds 34
- Weight in Shared Holdings
- KNG 24%·XLP 53%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
53 of 69 positions (76.7% of the fund) are not held by XLP. Showing the top 30 by weight.
Sector Breakdown
| Sector | KNG | XLP |
|---|---|---|
| Consumer Staples | 23.5% | 99.8% |
| Industrials | 21.8% | 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% |
| XLP | +0.3% | +11.0% | +6.4% | +7.1% | +6.5% | +7.4% | 2.58% |
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 XLP →
Shared Holdings(16)
The top 10 shared positions account for 76% of the overlap, led by ADM, KO and CL.
 ADMArcher-Daniels-Midland Co. COM | 1.55% | 2.37% | 1.55% |
|---|---|---|---|
 KOCoca-Cola Co (The) COM | 1.53% | 7.17% | 1.53% |
 CLColgate-Palmolive Co. COM | 1.52% | 4.67% | 1.52% |
 CHDCHURCH and DWIGHT CO INC COMMON STOCK USD1.0 | 1.52% | 1.56% | 1.52% |
 PGThe Procter & Gamble Co. COM | 1.50% | 7.29% | 1.50% |
 PEPPepsico Inc COM | 1.49% | 4.33% | 1.49% |
 KMBKimberly-Clark Corporation COM | 1.48% | 2.29% | 1.48% |
 WMTWalmart Inc COM | 1.48% | 10.47% | 1.48% |
 KVUEKenvue Inc. COM | 1.47% | 2.34% | 1.47% |
 SYYSysco Corporation COM | 1.45% | 2.56% | 1.45% |
 TGTTarget Corp. COM | 1.43% | 4.25% | 1.43% |
 MKCMcCormick & Company, Incorporated COM NON VTG | 1.42% | 0.84% | 0.84% |
 CLXThe Clorox Company COM | 1.41% | 0.81% | 0.81% |
 SJMThe J M Smucker Company COM NEW | 1.49% | 0.81% | 0.81% |
 HRLHormel Foods Corp COM | 1.47% | 0.47% | 0.47% |
 BF-BBrown-Forman Corp., Class B | 1.30% | 0.30% | 0.30% |
Frequently Asked Questions
How much do KNG and XLP overlap?
KNG and XLP overlap by 19.7% of portfolio weight. They share 16 holdings (KNG holds 69 positions and XLP holds 34), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KNG and XLP?
The two portfolios are 19.7% 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 XLP?
The largest positions held by both funds are ADM, KO, CL, CHD and PG. Together the top 10 shared positions account for 76% of the total overlap.
What does KNG own that XLP doesn't?
53 positions (76.7% of KNG) are unique to KNG, led by CAT, BEN and WST. In the other direction, 18 positions (47.3% of XLP) are unique to XLP.