KRE vs SCHM: Holdings Overlap
KREState Street® SPDR® S&P® Regional Banking ETF
State Street (SPDR) · 158 holdings · $4.5B · as of 2026-08-06
Schwab · 496 holdings · $15.1B · as of 2026-05-31
Holdings snapshots are 67 days apart (KRE: 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 KRE and SCHM?
State Street® SPDR® S&P® Regional Banking ETF (KRE, by State Street (SPDR)) holds 158 positions; Schwab U.S. Mid-Cap ETF (SCHM, by Schwab) holds 496. They have 22 holdings in common, and by portfolio weight the two funds are 3.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22KRE holds 158 · SCHM holds 496
- Weight in Shared Holdings
- KRE 28%·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 KRE
136 of 158 positions (71.3% of the fund) are not held by SCHM. Showing the top 30 by weight.
Sector Breakdown
| Sector | KRE | SCHM |
|---|---|---|
| Financials | 97.7% | 11.7% |
| Industrials | 0.0% | 22.5% |
| Information Technology | 0.0% | 20.2% |
| Health Care | 0.0% | 10.8% |
| Consumer Discretionary | 0.0% | 9.5% |
| Other Sectors | 0.0% | 25.0% |
| Unclassified | 1.5% | 0.2% |
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. “Unclassified” is weight we could not classify (2% of KRE, 0% of SCHM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| KRE | +1.5% | +19.0% | +32.6% | +19.1% | +5.9% | +9.0% | 2.10% |
| 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 KRE vs SCHM →
Shared Holdings(22)
The top 10 shared positions account for 62% of the overlap, led by EWBC, PNFP and FHN.
 EWBCEast West Bancorp Inc COM | 1.28% | 0.31% | 0.31% |
|---|---|---|---|
 PNFPPinnacle Financial Partners Inc. COM | 1.42% | 0.27% | 0.27% |
 FHNFirst Horizon Corporation COM | 1.28% | 0.22% | 0.22% |
 WBSWebster Financial Corporation | 1.37% | 0.22% | 0.22% |
 WTFCWintrust Financial Corporation COM | 1.28% | 0.19% | 0.19% |
 BPOPPopular, Inc. COM USD0.01 | 1.41% | 0.18% | 0.18% |
 SSBSouthState Bank Corporation | 1.39% | 0.17% | 0.17% |
 UMBFUMB Financial Corporation | 1.37% | 0.17% | 0.17% |
 ZIONZions Bancorporation Natl Assn Global Bank COM | 1.34% | 0.17% | 0.17% |
 COLBColumbia Banking System Inc. COM | 1.28% | 0.16% | 0.16% |
 CFRCullen/Frost Bankers, Inc. COM | 1.42% | 0.16% | 0.16% |
 ONBOld National Bancorp COM | 1.36% | 0.15% | 0.15% |
 WALWestern Alliance Bancorporation | 1.24% | 0.15% | 0.15% |
 CBSHCommerce Bancshares Inc COM | 1.35% | 0.13% | 0.13% |
 PBProsperity Bancshares Inc COM | 1.30% | 0.13% | 0.13% |
 VLYValley National Bancorp. COM | 1.27% | 0.12% | 0.12% |
 GBCIGlacier Bancorp Inc. COM | 1.26% | 0.11% | 0.11% |
 OZKBank OZK COM | 1.26% | 0.09% | 0.09% |
 FFINFirst Financial Bankshares Inc COM | 0.81% | 0.08% | 0.08% |
 FLGFlagstar Bank National Association COM NEW | 1.22% | 0.08% | 0.08% |
 BOKFBOK Financial Corp COM NEW | 1.37% | 0.05% | 0.05% |
 CBCCentral Bancompany COM CL A | 0.58% | 0.02% | 0.02% |
Frequently Asked Questions
How much do KRE and SCHM overlap?
KRE and SCHM overlap by 3.4% of portfolio weight. They share 22 holdings (KRE holds 158 positions and SCHM holds 496), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KRE and SCHM?
The two portfolios are 3.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of KRE and SCHM?
The largest positions held by both funds are EWBC, PNFP, FHN, WBS and WTFC. Together the top 10 shared positions account for 62% of the total overlap.
What does KRE own that SCHM doesn't?
136 positions (71.3% of KRE) are unique to KRE, led by HOMB, CFG and MTB. In the other direction, 474 positions (96.5% of SCHM) are unique to SCHM.