KBWB vs VFH overlap - what they share and where they differ
KBWB and VFH share 32.9% of their weight across 24 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.
KBWB and VFH
32.9%
24 shared positions
KBWB
Invesco KBW Bank ETF
Reported positions cover 100% of the fund, 24 positions · May 31, 2026
Top 10: 61.5%·Holdings of KBWB
VFH
VANGUARD FINANCIALS INDEX FUND
Reported positions cover 96% of the fund, 409 positions · May 31, 2026
Top 10: 44.5%·Holdings of VFH
Reported positions cover KBWB 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 KBWB side by side
KBWBInvesco KBW Bank ETF
24
stock positions reported to the SEC
0.0% of its weight is in 0 names VFH does not hold
VFHVANGUARD FINANCIALS INDEX FUND
409
stock positions reported to the SEC
61.8% of its weight is in 385 names KBWB does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: KBWB has 7.1 points more of it.
The figures side by side
| KBWB | VFH | |
|---|---|---|
| Filing date | May 31, 2026 | May 31, 2026 |
| Stock positions reported | 24 | 409 |
| Weight of the ten largest | 61.5% | 44.5% |
| Largest position | MS 9.4% | JPM 9.2% |
| Held alone | 0 positions, 0.0% | 385 positions, 61.8% |
| Covered by stock positions | 100% | 96% |
Holdings they share
| Stock | In KBWB | In VFH | Counted |
|---|---|---|---|
| JPMJPMorgan Chase & Co. | 7.47% | 9.15% | 7.47% |
| BACBank of America Corp. | 7.76% | 4.25% | 4.25% |
| GSGoldman Sachs Group, Inc. (The) | 8.94% | 3.51% | 3.51% |
| MSMorgan Stanley | 9.36% | 2.97% | 2.97% |
| WFCWells Fargo & Co. | 7.13% | 2.93% | 2.93% |
| CCitigroup Inc. | 4.28% | 2.56% | 2.56% |
| COFCapital One Financial Corp. | 3.60% | 1.44% | 1.44% |
| BNYBank of New York Mellon Corp. (The) | 4.39% | 1.15% | 1.15% |
| PNCPNC Financial Services Group, Inc. (The) | 3.90% | 1.04% | 1.04% |
| USBU.S. Bancorp | 3.76% | 1.03% | 1.03% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in KBWB
Nothing among its reported positions that the others do not also hold.
Only in VFH
Questions people ask
Is KBWB the same as VFH?
32.9% of their weight sits in the same 24 holdings. Among its reported positions, KBWB 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 KBWB 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 KBWB and 96% of VFH, so the number cannot exceed the smaller coverage.
Which holds more, VFH or KBWB?
KBWB reports 24 stock positions and VFH reports 409. 0.0% of KBWB's weight sits in names VFH does not hold, and 61.8% of VFH's weight in names KBWB does not hold. The ten largest positions are 61.5% of KBWB and 44.5% of VFH.
How do KBWB and VFH differ by sector?
The widest gap is Financial Services: KBWB has 7.1 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.
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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.