KBE vs VFH overlap - what they share and where they differ

KBE and VFH share 16.2% of their weight across 102 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.

KBE and VFH

16.2%

102 shared positions

KBE

State Street(R) SPDR(R) S&P(R) Bank ETF

Reported positions cover 100% of the fund, 102 positions · Jun 30, 2026

Top 10: 11.3%·Holdings of KBE

VFH

VANGUARD FINANCIALS INDEX FUND

Reported positions cover 96% of the fund, 383 positions · May 31, 2026

Top 10: 44.5%·Holdings of VFH

Reported positions cover KBE 100%, VFH 96% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VFH vs KBE side by side

KBEState Street(R) SPDR(R) S&P(R) Bank ETF

102

stock positions reported to the SEC

0.0% of its weight is in 0 names VFH does not hold

VFHVANGUARD FINANCIALS INDEX FUND

383

stock positions reported to the SEC

64.9% of its weight is in 281 names KBE does not hold

Where each fund's weight sits

KBE
VFH
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Financial Services
91.7%
78.8%
Technology
0.0%
2.9%
Healthcare
0.0%
1.2%
Real Estate
0.0%
0.8%
Consumer Cyclical
0.0%
0.1%

The widest gap is Financial Services: KBE has 12.9 points more of it.

The figures side by side

KBEVFH
Filing dateJun 30, 2026May 31, 2026
Stock positions reported102383
Weight of the ten largest11.3%44.5%
Largest positionFBNC 1.8%JPMORGAN CHASE & CO 9.2%
Held alone0 positions, 0.0%281 positions, 64.9%
Covered by stock positions100%96%

Holdings they share

StockIn KBEIn VFHCounted
JPMORGAN CHASE & CO0.99%9.15%0.99%
PNCPNC Financial Services Group Inc/The0.99%1.04%0.99%
US BANCORP0.99%1.03%0.99%
CCitigroup Inc0.98%2.56%0.98%
BACBank of America Corp0.97%4.25%0.97%
BNYBank of New York Mellon Corp/The0.97%1.15%0.97%
WFCWells Fargo & Co0.94%2.93%0.94%
TFCTruist Financial Corp0.93%0.74%0.74%
APOApollo Global Management Inc0.84%0.67%0.67%
FITBFifth Third Bancorp1.00%0.54%0.54%

What each holds alone

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

Only in KBE

Nothing among its reported positions that the others do not also hold.

Only in VFH

BRK.ABerkshire Hathaway Inc7.85%
MAMastercard Inc5.03%
VVisa Inc4.17%
GSGoldman Sachs Group Inc/The3.51%
MSMorgan Stanley2.97%
AXPAmerican Express Co2.10%
BLKBlackRock Funding Inc/DE1.86%
SCHWCharles Schwab Corp/The1.77%
SPGIS&P Global Inc1.58%
COFCapital One Financial Corp1.44%

Questions people ask

Is KBE the same as VFH?

16.2% of their weight sits in the same 102 holdings. Among its reported positions, KBE holds nothing the other does not also hold. VFH also reports BRK.A, MA, V, which the other does not.

How is the overlap between KBE and VFH 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 KBE and 96% of VFH, so the number cannot exceed the smaller coverage.

Which holds more, VFH or KBE?

KBE reports 102 stock positions and VFH reports 383. 0.0% of KBE's weight sits in names VFH does not hold, and 64.9% of VFH's weight in names KBE does not hold. The ten largest positions are 11.3% of KBE and 44.5% of VFH.

How do KBE and VFH differ by sector?

The widest gap is Financial Services: KBE has 12.9 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.