DGRO vs KBWB overlap - what they share and where they differ

DGRO and KBWB share 8.9% of their weight across 13 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

DGRO and KBWB

8.9%

13 shared positions

DGRO

iShares Core Dividend Growth ETF

Reported positions cover 100% of the fund, 385 positions · Apr 30, 2026

Top 10: 26.5%·Holdings of DGRO

KBWB

Invesco KBW Bank ETF

Reported positions cover 100% of the fund, 24 positions · May 31, 2026

Top 10: 61.5%·Holdings of KBWB

Reported positions cover DGRO 100%, KBWB 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

KBWB vs DGRO side by side

DGROiShares Core Dividend Growth ETF

385

stock positions reported to the SEC

90.9% of its weight is in 372 names KBWB does not hold

KBWBInvesco KBW Bank ETF

24

stock positions reported to the SEC

35.3% of its weight is in 11 names DGRO does not hold

Where each fund's weight sits

DGRO
KBWB
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Financial Services
20.3%
91.2%
Technology
22.5%
0.0%
Healthcare
17.2%
0.0%
Consumer Defensive
9.3%
0.0%
Consumer Cyclical
9.1%
0.0%

The widest gap is Financial Services: KBWB has 71.0 points more of it.

The figures side by side

DGROKBWB
Filing dateApr 30, 2026May 31, 2026
Stock positions reported38524
Weight of the ten largest26.5%61.5%
Largest positionAVGO 3.3%MS 9.4%
Held alone372 positions, 90.9%11 positions, 35.3%
Covered by stock positions100%100%

Holdings they share

StockIn DGROIn KBWBCounted
BACBANK OF AMERICA CORP1.83%7.76%1.83%
WFCWELLS FARGO & COMPANY1.29%7.13%1.29%
MSMORGAN STANLEY1.28%9.36%1.28%
GSGOLDMAN SACHS GROUP INC (THE)1.18%8.94%1.18%
CCITIGROUP INC1.12%4.28%1.12%
PNCPNC FINANCIAL SERVICES GROUP INC (THE)0.66%3.90%0.66%
BNYBANK OF NEW YORK MELLON CORP (THE)0.38%4.39%0.38%
FITBFIFTH THIRD BANCORP0.35%3.78%0.35%
STTSTATE STREET CORP0.26%4.53%0.26%
MTBM&T BANK CORP0.21%3.73%0.21%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in DGRO

AVGOBROADCOM INC3.25%
JPMJP MORGAN CHASE & COMPANY3.04%
AAPLAPPLE INC2.93%
MSFTMICROSOFT CORP2.91%
EXXON MOBIL CORP2.90%
JNJJOHNSON & JOHNSON2.64%
ABBVABBVIE INC2.52%
UNHUNITEDHEALTH GROUP INC2.31%
PGPROCTER & GAMBLE COMPANY (THE)2.07%
PMPHILIP MORRIS INTERNATIONAL INC1.94%

Only in KBWB

JPMORGAN CHASE & CO.7.47%
USBU.S. Bancorp3.76%
TFCTruist Financial Corp.3.66%
HBANHuntington Bancshares Inc.3.65%
COFCapital One Financial Corp.3.60%
CFGCitizens Financial Group, Inc.3.17%
RFRegions Financial Corp.2.90%
KEYKeyCorp2.78%
PNFPPinnacle Financial Partners, Inc.1.77%
FHNFirst Horizon Corp.1.40%

Questions people ask

Is DGRO the same as KBWB?

8.9% of their weight sits in the same 13 holdings. DGRO also reports AVGO, JPM, AAPL, which the other does not. KBWB also reports JPMORGAN CHASE & CO., USB, TFC, which the other does not.

How is the overlap between DGRO and KBWB measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of DGRO and 100% of KBWB, so the number cannot exceed the smaller coverage.

Which holds more, KBWB or DGRO?

DGRO reports 385 stock positions and KBWB reports 24. 90.9% of DGRO's weight sits in names KBWB does not hold, and 35.3% of KBWB's weight in names DGRO does not hold. The ten largest positions are 26.5% of DGRO and 61.5% of KBWB.

How do DGRO and KBWB differ by sector?

The widest gap is Financial Services: KBWB has 71.0 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.