ETF comparison

IYGvsKBWB

Both Financials.

iShares U.S. Financial Services ETF · Invesco KBW Bank ETF

Holdings overlap

Weighted by ISIN/CUSIP
38.9%

24 positions appear in both funds. Buying equal dollars of IYG and KBWB would leave roughly38.9%of each dollar exposed to the same underlying securities.

IYG only 60.9%Shared 38.9%KBWB only 61.1%
In IYG only
76 positions
Shared
24 positions
In KBWB only
1 positions

Side by side

IYG

iShares U.S. Financial Services ETF

iShares · Financials

64composite / 100
Expense ratio
0.37%
Net assets
$2.22B
TTM yield
1.03%
Top-10 conc.
62.2%
KBWB

Invesco KBW Bank ETF

Invesco · Financials

69composite / 100
Expense ratio
0.35%
Net assets
$6.77B
TTM yield
1.93%
Top-10 conc.
61.5%

Sub-score comparison

63
Cost
65
83
Tax efficiency
82
72
Liquidity
93
25
Concentration
26
Tracking quality
IYGsub-scoreKBWB

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

KBWB is 2 bps cheaper than IYG. On a $100,000 position that's about $20/yr more in fees for IYG.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with IYG vs KBWB.

Top shared holdings

24 shared in total
#HoldingIn IYGIn KBWBOverlap
1JPMORGAN CHASE & CO.12.54%7.47%7.47%
2BANK OF AMERICA CORPORATION5.27%7.76%5.27%
3THE GOLDMAN SACHS GROUP, INC.4.11%8.94%4.11%
4WELLS FARGO & COMPANY3.78%7.13%3.78%
5MORGAN STANLEY3.40%9.36%3.40%
6CITIGROUP INC.3.32%4.28%3.32%
7CAPITAL ONE FINANCIAL CORPORATION1.78%3.60%1.78%
8The Bank of New York Mellon Corporation1.37%4.39%1.37%
9THE PNC FINANCIAL SERVICES GROUP, INC.1.34%3.90%1.34%
10U.S. BANCORP1.31%3.76%1.31%
11Truist Financial Corporation0.96%3.66%0.96%
12FIFTH THIRD BANCORP0.68%3.78%0.68%

Only in IYG

76 total
  • BERKSHIRE HATHAWAY INC.12.90%
  • VISA INC.8.23%
  • MASTERCARD INCORPORATED6.08%
  • AMERICAN EXPRESS COMPANY2.57%
  • BLACKROCK, INC.2.28%
  • THE CHARLES SCHWAB CORPORATION2.27%
  • S&P GLOBAL INC.1.96%
  • CME GROUP INC.1.54%
  • BLACKSTONE INC.1.40%
  • INTERCONTINENTAL EXCHANGE, INC.1.33%

Only in KBWB

1 total
  • Invesco Government & Agency Portfolio0.15%

Open IYG or KBWB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.