KBE vs. XLF ETF Comparison

Comparison of SPDR S&P Bank ETF (KBE) to SPDR Select Sector Fund - Financial (XLF)

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.54

Average Daily Volume

1,814,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLF

SPDR Select Sector Fund - Financial

XLF Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Financial Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; REITs; consumer finance; thrifts & mortgage finance; and real estate management & development. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.68

Average Daily Volume

39,045,484

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBE	XLF
30 Days	10.56%	6.41%
60 Days	12.89%	10.28%
90 Days	13.40%	13.33%
12 Months	57.32%	44.57%

15 Overlapping Holdings

Symbol	Grade	Weight in KBE	Weight in XLF	Overlap
BAC	A	1.22%	4.5%	1.22%
BK	A	1.16%	0.83%	0.83%
C	A	1.21%	1.89%	1.21%
CFG	B	1.18%	0.3%	0.3%
FITB	B	1.13%	0.46%	0.46%
HBAN	A	1.25%	0.37%	0.37%
JPM	A	1.21%	10.0%	1.21%
KEY	B	1.21%	0.26%	0.26%
MTB	A	1.29%	0.52%	0.52%
NTRS	A	1.25%	0.31%	0.31%
PNC	B	1.18%	1.2%	1.18%
RF	A	1.21%	0.35%	0.35%
TFC	A	1.13%	0.9%	0.9%
USB	A	1.15%	1.14%	1.14%
WFC	A	1.42%	3.6%	1.42%

KBE Overweight 78 Positions Relative to XLF

Symbol	Grade	Weight
APO	B	1.45%
WBS	A	1.37%
EWBC	A	1.32%
PNFP	B	1.32%
FHN	A	1.3%
ZION	B	1.29%
GBCI	B	1.29%
AX	B	1.28%
CFR	B	1.28%
SNV	C	1.27%
COLB	B	1.27%
WTFC	A	1.27%
ASB	B	1.26%
TCBI	C	1.24%
JXN	C	1.22%
BOH	B	1.21%
FCNCA	A	1.21%
VLY	B	1.21%
CADE	B	1.2%
CMA	B	1.2%
EQH	C	1.19%
FNB	A	1.19%
FULT	A	1.19%
CBSH	B	1.18%
UMBF	B	1.17%
HWC	B	1.17%
OZK	B	1.17%
BKU	A	1.16%
PB	B	1.15%
HOMB	A	1.15%
CRBG	B	1.14%
TBBK	B	1.14%
ABCB	B	1.14%
ONB	C	1.14%
UBSI	B	1.14%
SSB	B	1.13%
BANC	B	1.13%
FFIN	B	1.13%
VOYA	B	1.1%
FIBK	B	1.1%
WAL	B	1.1%
FBP	C	1.04%
COOP	B	1.04%
AUB	B	1.03%
EBC	B	1.03%
CVBF	A	1.02%
PFS	B	1.0%
CBU	B	0.99%
MTG	C	0.99%
BPOP	C	0.99%
WD	D	0.99%
RDN	D	0.98%
CATY	B	0.97%
INDB	B	0.97%
BOKF	B	0.94%
NMIH	C	0.93%
UCB	A	0.91%
SFBS	C	0.9%
PFSI	C	0.9%
ESNT	F	0.89%
IBOC	B	0.89%
FHB	B	0.88%
WAFD	B	0.83%
RNST	B	0.82%
WSFS	B	0.81%
TFIN	B	0.79%
PPBI	C	0.78%
IBTX	B	0.77%
BANR	B	0.75%
SBCF	B	0.72%
RKT	F	0.69%
SFNC	C	0.64%
TRMK	C	0.61%
FFBC	B	0.61%
HTH	C	0.58%
FRME	B	0.56%
LKFN	C	0.45%
WSBC	B	0.44%

KBE Underweight 57 Positions Relative to XLF

Symbol	Grade	Weight
BRK.A	B	-12.45%
V	A	-7.49%
MA	B	-6.24%
GS	A	-2.7%
MS	A	-2.4%
SPGI	C	-2.38%
AXP	A	-2.36%
PGR	A	-2.19%
BLK	B	-2.12%
BX	A	-1.9%
FI	A	-1.76%
SCHW	B	-1.74%
MMC	B	-1.58%
CB	C	-1.57%
KKR	A	-1.48%
ICE	C	-1.31%
PYPL	B	-1.27%
AON	A	-1.19%
CME	B	-1.17%
MCO	B	-1.1%
COF	C	-1.02%
AJG	A	-0.94%
TRV	B	-0.85%
AMP	A	-0.8%
AFL	B	-0.8%
ALL	A	-0.75%
MET	A	-0.71%
AIG	B	-0.71%
FIS	C	-0.7%
MSCI	C	-0.69%
PRU	A	-0.65%
DFS	B	-0.63%
ACGL	C	-0.54%
HIG	B	-0.5%
NDAQ	A	-0.47%
WTW	B	-0.46%
GPN	B	-0.43%
RJF	A	-0.43%
STT	B	-0.41%
TROW	B	-0.39%
BRO	B	-0.38%
SYF	B	-0.37%
CPAY	A	-0.37%
CINF	A	-0.34%
CBOE	C	-0.3%
PFG	D	-0.27%
FDS	B	-0.27%
WRB	A	-0.26%
EG	C	-0.23%
L	A	-0.22%
JKHY	D	-0.18%
AIZ	A	-0.16%
MKTX	D	-0.15%
ERIE	D	-0.15%
GL	C	-0.14%
IVZ	B	-0.12%
BEN	C	-0.1%