KRE vs SPY: Holdings Overlap
KREState Street® SPDR® S&P® Regional Banking ETF
State Street (SPDR) · 158 holdings · $4.5B · as of 2026-08-06
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
How similar are KRE and SPY?
State Street® SPDR® S&P® Regional Banking ETF (KRE, by State Street (SPDR)) holds 158 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 5 holdings in common, and by portfolio weight the two funds are 0.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5KRE holds 158 · SPY holds 504
- Weight in Shared Holdings
- KRE 7%·SPY 0%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
153 of 158 positions (92.4% of the fund) are not held by SPY. Showing the top 30 by weight.
Sector Breakdown
| Sector | KRE | SPY |
|---|---|---|
| Financials | 97.7% | 12.3% |
| Information Technology | 0.0% | 37.6% |
| Communication Services | 0.0% | 9.7% |
| Consumer Discretionary | 0.0% | 9.3% |
| Health Care | 0.0% | 8.9% |
| Other Sectors | 0.0% | 22.1% |
| Unclassified | 1.5% | 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. “Unclassified” is weight we could not classify (2% of KRE, 0% of SPY).
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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by TFC, MTB and HBAN.
 TFCTruist Financial Corp. COM | 1.32% | 0.10% | 0.10% |
|---|---|---|---|
 MTBM&T Bank Corporation COM | 1.39% | 0.06% | 0.06% |
 HBANHuntington Bancshares Incorporated COM | 1.28% | 0.05% | 0.05% |
 CFGCitizens Financial Group Inc COM | 1.39% | 0.05% | 0.05% |
 RFRegions Financial Corporation COM | 1.37% | 0.04% | 0.04% |
Frequently Asked Questions
How much do KRE and SPY overlap?
KRE and SPY overlap by 0.3% of portfolio weight. They share 5 holdings (KRE holds 158 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KRE and SPY?
The two portfolios are 0.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of KRE and SPY?
The largest positions held by both funds are TFC, MTB, HBAN, CFG and RF. Together the top 5 shared positions account for 100% of the total overlap.
What does KRE own that SPY doesn't?
153 positions (92.4% of KRE) are unique to KRE, led by CFR, PNFP and BPOP. In the other direction, 499 positions (99.6% of SPY) are unique to SPY.