ETF comparison

KBWBvsXLF

Both Financials.

Invesco KBW Bank ETF · State Street Financial Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
36.0%

19 positions appear in both funds. Buying equal dollars of KBWB and XLF would leave roughly36.0%of each dollar exposed to the same underlying securities.

KBWB only 63.9%Shared 36.0%XLF only 63.8%
In KBWB only
6 positions
Shared
19 positions
In XLF only
58 positions

Side by side

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%
XLF

State Street Financial Select Sector SPDR ETF

State Street · Financials

83composite / 100
Expense ratio
0.080%
Net assets
$54.59B
TTM yield
1.42%
Top-10 conc.
57.6%

Sub-score comparison

65
Cost
92
82
Tax efficiency
83
93
Liquidity
100
26
Concentration
32
Tracking quality
KBWBsub-scoreXLF

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

Cost difference

XLF is 27 bps cheaper than KBWB. On a $100,000 position that's about $270/yr more in fees for KBWB.

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 KBWB vs XLF.

Top shared holdings

19 shared in total
#HoldingIn KBWBIn XLFOverlap
1JPMorgan Chase & Co.7.47%11.55%7.47%
2Bank of America Corp.7.76%4.90%4.90%
3Goldman Sachs Group, Inc. (The)8.94%3.93%3.93%
4Wells Fargo & Co.7.13%3.33%3.33%
5Morgan Stanley9.36%3.30%3.30%
6Citigroup Inc.4.28%3.14%3.14%
7Capital One Financial Corp.3.60%1.64%1.64%
8Bank of New York Mellon Corp. (The)4.39%1.31%1.31%
9PNC Financial Services Group, Inc. (The)3.90%1.30%1.30%
10U.S. Bancorp3.76%1.23%1.23%
11Truist Financial Corp.3.66%0.82%0.82%
12Fifth Third Bancorp3.78%0.67%0.67%

Only in KBWB

6 total
  • East West Bancorp, Inc.2.02%
  • Pinnacle Financial Partners, Inc.1.77%
  • First Horizon Corp.1.40%
  • Zions Bancorp., N.A.1.11%
  • Western Alliance Bancorporation1.05%
  • Invesco Government & Agency Portfolio0.15%

Only in XLF

58 total
  • Berkshire Hathaway Inc12.08%
  • Visa Inc7.50%
  • Mastercard Inc5.46%
  • American Express Co2.37%
  • Charles Schwab Corp/The1.99%
  • Blackrock Inc1.83%
  • Progressive Corp/The1.68%
  • S&P Global Inc1.63%
  • Chubb Ltd1.62%
  • Blackstone Inc1.15%

Open KBWB or XLF 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.