KBE vs XLF overlap - what they share and where they differ
KBE and XLF share 11.4% of their weight across 16 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 XLF
11.4%
16 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
XLF
State Street(R) Financial Select Sector SPDR(R) ETF
Reported positions cover 100% of the fund, 76 positions · Jun 30, 2026
Top 10: 57.6%·Holdings of XLF
Reported positions cover KBE 100%, XLF 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XLF vs KBE side by side
KBEState Street(R) SPDR(R) S&P(R) Bank ETF
102
stock positions reported to the SEC
84.2% of its weight is in 86 names XLF does not hold
XLFState Street(R) Financial Select Sector SPDR(R) ETF
76
stock positions reported to the SEC
68.5% of its weight is in 60 names KBE does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: KBE has 9.2 points more of it.
The figures side by side
| KBE | XLF | |
|---|---|---|
| Filing date | Jun 30, 2026 | Jun 30, 2026 |
| Stock positions reported | 102 | 76 |
| Weight of the ten largest | 11.3% | 57.6% |
| Largest position | FBNC 1.8% | BRK.A 12.1% |
| Held alone | 86 positions, 84.2% | 60 positions, 68.5% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In KBE | In XLF | Counted |
|---|---|---|---|
| JPMORGAN CHASE & CO | 0.99% | 11.55% | 0.99% |
| PNCPNC Financial Services Group Inc/The | 0.99% | 1.30% | 0.99% |
| US BANCORP | 0.99% | 1.23% | 0.99% |
| CCitigroup Inc | 0.98% | 3.14% | 0.98% |
| BACBank of America Corp | 0.97% | 4.90% | 0.97% |
| BNYBank of New York Mellon Corp/The | 0.97% | 1.31% | 0.97% |
| WFCWells Fargo & Co | 0.94% | 3.33% | 0.94% |
| TFCTruist Financial Corp | 0.93% | 0.82% | 0.82% |
| APOApollo Global Management Inc | 0.84% | 0.72% | 0.72% |
| FITBFifth Third Bancorp | 1.00% | 0.67% | 0.67% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in KBE
Only in XLF
Questions people ask
Is KBE the same as XLF?
11.4% of their weight sits in the same 16 holdings. KBE also reports FBNC, ROCKET COS INC, NIC, which the other does not. XLF also reports BRK.A, V, MA, which the other does not.
How is the overlap between KBE and XLF 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 100% of XLF, so the number cannot exceed the smaller coverage.
Which holds more, XLF or KBE?
KBE reports 102 stock positions and XLF reports 76. 84.2% of KBE's weight sits in names XLF does not hold, and 68.5% of XLF's weight in names KBE does not hold. The ten largest positions are 11.3% of KBE and 57.6% of XLF.
How do KBE and XLF differ by sector?
The widest gap is Financial Services: KBE has 9.2 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.