ETF comparison
IYG vs KBWB
Both Financials.
Holdings overlap
23 positions appear in both funds. Buying equal dollars of IYG and KBWB would leave roughly 38.6% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
KBWB is 3 bps cheaper than IYG. On a $100,000 position that's about $30/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 the cost calculator pre-filled with IYG vs KBWB.
Top shared holdings
23 shared in total| # | Holding | In IYG | In KBWB | Overlap |
|---|---|---|---|---|
| 1 | JPMORGAN CHASE & CO. | 12.54% | 7.36% | 7.36% |
| 2 | BANK OF AMERICA CORPORATION | 5.27% | 7.13% | 5.27% |
| 3 | THE GOLDMAN SACHS GROUP, INC. | 4.11% | 7.98% | 4.11% |
| 4 | WELLS FARGO & COMPANY | 3.78% | 7.28% | 3.78% |
| 5 | MORGAN STANLEY | 3.40% | 7.53% | 3.40% |
| 6 | CITIGROUP INC. | 3.32% | 4.08% | 3.32% |
| 7 | CAPITAL ONE FINANCIAL CORPORATION | 1.78% | 3.43% | 1.78% |
| 8 | The Bank of New York Mellon Corporation | 1.37% | 4.08% | 1.37% |
| 9 | THE PNC FINANCIAL SERVICES GROUP, INC. | 1.34% | 4.27% | 1.34% |
| 10 | U.S. BANCORP | 1.31% | 4.28% | 1.31% |
| 11 | Truist Financial Corporation | 0.96% | 4.07% | 0.96% |
| 12 | FIFTH THIRD BANCORP | 0.68% | 5.97% | 0.68% |
Only in IYG
77 total- BERKSHIRE HATHAWAY INC. 12.90%
- VISA INC. 8.23%
- MASTERCARD INCORPORATED 6.08%
- AMERICAN EXPRESS COMPANY 2.57%
- BLACKROCK, INC. 2.28%
- THE CHARLES SCHWAB CORPORATION 2.27%
- 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 Portfolio 0.13%
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 methodology and 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.