XLF vs. KCE ETF Comparison

Comparison of SPDR Select Sector Fund - Financial (XLF) to SPDR S&P Capital Markets ETF (KCE)

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

$45.49

Average Daily Volume

38,878,875

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KCE

SPDR S&P Capital Markets ETF

KCE 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 companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges. In seeking to track the performance of the S&P Capital Markets Select Industry 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 capital markets industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$125.14

Average Daily Volume

35,933

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XLF	KCE
30 Days	4.15%	6.84%
60 Days	6.63%	7.51%
90 Days	10.99%	15.72%
12 Months	34.16%	43.57%

23 Overlapping Holdings

Symbol	Grade	Weight in XLF	Weight in KCE	Overlap
AMP	A	0.71%	1.64%	0.71%
BEN	F	0.1%	1.42%	0.1%
BK	B	0.83%	1.87%	0.83%
BLK	B	2.01%	1.81%	1.81%
BX	B	1.76%	1.88%	1.76%
CBOE	C	0.36%	2.01%	0.36%
CME	C	1.27%	1.77%	1.27%
FDS	C	0.28%	1.73%	0.28%
GS	C	2.51%	1.68%	1.68%
ICE	C	1.5%	1.88%	1.5%
IVZ	B	0.12%	1.73%	0.12%
KKR	B	1.33%	1.72%	1.33%
MCO	B	1.21%	1.86%	1.21%
MKTX	C	0.16%	2.03%	0.16%
MS	D	2.0%	1.62%	1.62%
MSCI	C	0.72%	1.86%	0.72%
NDAQ	A	0.49%	1.96%	0.49%
NTRS	A	0.29%	1.7%	0.29%
RJF	C	0.36%	1.6%	0.36%
SCHW	D	1.51%	1.38%	1.38%
SPGI	B	2.71%	1.89%	1.89%
STT	A	0.41%	1.85%	0.41%
TROW	D	0.38%	1.44%	0.38%

XLF Overweight 47 Positions Relative to KCE

Symbol	Grade	Weight
BRK.A	C	13.18%
JPM	D	9.54%
V	C	7.36%
MA	B	6.58%
BAC	D	4.27%
WFC	D	2.99%
PGR	B	2.44%
AXP	B	2.39%
CB	B	1.91%
MMC	C	1.84%
C	C	1.79%
AON	B	1.23%
PYPL	B	1.19%
PNC	B	1.14%
USB	B	1.13%
AJG	D	1.05%
TFC	C	0.91%
AFL	C	0.91%
TRV	C	0.88%
COF	B	0.86%
ALL	B	0.81%
AIG	D	0.79%
FIS	B	0.76%
MET	B	0.74%
PRU	C	0.68%
ACGL	C	0.68%
HIG	B	0.55%
DFS	B	0.53%
WTW	C	0.48%
FITB	B	0.47%
MTB	B	0.46%
GPN	D	0.46%
BRO	C	0.4%
CPAY	B	0.35%
HBAN	B	0.34%
CINF	B	0.34%
RF	B	0.33%
SYF	C	0.31%
CFG	C	0.3%
WRB	C	0.29%
PFG	B	0.28%
EG	C	0.27%
KEY	B	0.25%
L	C	0.23%
JKHY	B	0.21%
AIZ	B	0.16%
GL	C	0.14%

XLF Underweight 36 Positions Relative to KCE

Symbol	Grade	Weight
VIRT	C	-2.09%
JEF	B	-2.04%
HLNE	B	-2.02%
CNS	B	-2.01%
TPG	B	-2.0%
PIPR	B	-1.99%
STEP	B	-1.92%
MC	B	-1.9%
HLI	B	-1.87%
EVR	A	-1.87%
PJT	B	-1.86%
BGC	B	-1.85%
AMG	C	-1.77%
TW	B	-1.75%
MORN	C	-1.71%
JHG	B	-1.71%
FHI	A	-1.71%
ARES	B	-1.7%
SF	A	-1.68%
VCTR	B	-1.67%
SEIC	C	-1.64%
IBKR	B	-1.63%
APAM	C	-1.6%
OWL	C	-1.58%
CG	D	-1.54%
DFIN	B	-1.54%
HOOD	C	-1.47%
VRTS	F	-1.28%
SNEX	B	-1.25%
LPLA	D	-1.2%
COIN	F	-1.02%
PX	C	-0.91%
BSIG	B	-0.63%
DHIL	C	-0.34%
LPRO	D	-0.32%
RILY	F	-0.24%