# Portfolio overlap — KBWB vs FNCL

Comparing **Invesco KBW Bank ETF** (2026-02-28) and **Fidelity MSCI Financials Index ETF** (2026-04-30).

- Shared positions: 23
- Invesco KBW Bank ETF covered by Fidelity MSCI Financials Index ETF: 0.3236181230069330149578419768
- Fidelity MSCI Financials Index ETF covered by Invesco KBW Bank ETF: 0.3236181230069330149578419770

## Invesco KBW Bank ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| GOLDMAN SACHS GROUP INC | 0.078329 | ✓ |
| MORGAN STANLEY | 0.073883 | ✓ |
| JPMORGAN CHASE and CO | 0.072207 | ✓ |
| WELLS FARGO & CO | 0.071425 | ✓ |
| BANK OF AMERICA CORPORATION | 0.069922 | ✓ |
| FIFTH THIRD BANCORP | 0.058588 | ✓ |
| HUNTINGTON BANCSHARES INC | 0.045495 | ✓ |
| M&T BANK CORP | 0.042939 | ✓ |
| US BANCORP DEL | 0.041947 | ✓ |
| PNC FINANCIAL SERVICES GRP INC | 0.041910 | ✓ |
| STATE STREET CORP | 0.040676 | ✓ |
| CITIGROUP INC | 0.040035 | ✓ |
| BANK OF NEW YORK MELLON CORP | 0.039991 | ✓ |
| TRUIST FINL CORP | 0.039917 | ✓ |
| NORTHERN TRUST CORP | 0.036101 | ✓ |
| CITIZENS FINANCIAL GROUP INC | 0.034489 | ✓ |
| CAPITAL ONE FINANCIAL CORP | 0.033614 | ✓ |
| REGIONS FINANCIAL CORP | 0.033131 | ✓ |
| KEYCORP | 0.030242 | ✓ |
| EAST WEST BNCRP | 0.020092 | ✓ |
| FIRST HORIZON CORP | 0.015619 | ✓ |
| WESTERN ALLIANCE BANCORP | 0.011787 | ✓ |
| ZIONS BANCORP NA | 0.011274 | ✓ |
| Invesco Private Prime Fund | 0.010910 |  |
| Invesco Private Government Fund | 0.004199 |  |
| Invesco Government & Agency Portfolio, Institutional Class | 0.001279 |  |

## Fidelity MSCI Financials Index ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| JPMORGAN CHASE and CO | 0.101100 | ✓ |
| BERKSHIRE HATH-B | 0.077246 |  |
| VISA INC-CLASS A | 0.065905 |  |
| MASTERCARD INC CL A | 0.050469 |  |
| BANK OF AMERICA CORPORATION | 0.043401 | ✓ |
| GOLDMAN SACHS GROUP INC | 0.032838 | ✓ |
| WELLS FARGO & CO | 0.030587 | ✓ |
| CITIGROUP INC | 0.027133 | ✓ |
| MORGAN STANLEY | 0.026815 | ✓ |
| AMERICAN EXPRESS CO | 0.021087 |  |
| BLACKROCK INC | 0.018599 |  |
| SCHWAB CHARLES CORP | 0.018317 |  |
| S&P GLOBAL INC | 0.015828 |  |
| CHUBB LTD | 0.014470 |  |
| CAPITAL ONE FINANCIAL CORP | 0.014431 | ✓ |
| PROGRESSIVE CORP OHIO | 0.013982 |  |
| CME GROUP INC CL A | 0.012283 |  |
| BLACKSTONE INC | 0.010991 |  |
| BANK OF NEW YORK MELLON CORP | 0.010938 | ✓ |
| INTERCONTINENTAL EXCHANGE INC | 0.010666 |  |
| US BANCORP DEL | 0.010451 | ✓ |
| PNC FINANCIAL SERVICES GRP INC | 0.010289 | ✓ |
| MARSH & MCLENNAN | 0.009722 |  |
| MOODYS CORP | 0.008773 |  |
| TRAVELERS COS IN | 0.008073 |  |
| TRUIST FINL CORP | 0.007793 | ✓ |
| KKR & CO INC | 0.007718 |  |
| AON PLC | 0.007518 |  |
| AFLAC INC | 0.006769 |  |
| ALLSTATE CORPORATION | 0.006746 |  |
| APOLLO GLOBAL MANAGEMENT INC | 0.006633 |  |
| ROBINHOOD MARKETS INC | 0.006485 |  |
| ARTHUR J GALLAGHAR AND CO | 0.006264 |  |
| FIFTH THIRD BANCORP | 0.005442 | ✓ |
| METLIFE INC | 0.005299 |  |
| PAYPAL HOLDINGS | 0.005279 |  |
| MSCI INC | 0.005254 |  |
| AMERIPRISE FINANCIAL INC | 0.005232 |  |
| STATE STREET CORP | 0.005073 | ✓ |
| NASDAQ INC | 0.004965 |  |
| COINBASE GLOBAL INC | 0.004841 |  |
| AMERICAN INTERNATIONAL GROUP | 0.004784 |  |
| BLOCK INC CL A | 0.004589 |  |
| HARTFORD INSURANCE GROUP INC/THE | 0.004556 |  |
| INTERACTIVE BROKERS GROUP INC | 0.004192 |  |
| ARCH CAPITAL GROUP LTD | 0.004057 |  |
| PRUDENTL FINL | 0.004046 |  |
| HUNTINGTON BANCSHARES INC | 0.004025 | ✓ |
| M&T BANK CORP | 0.003994 | ✓ |
| FISERV INC | 0.003994 |  |


## Sources

- N-PORT (fund A) — accession `0001378872-26-000819` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1378872/000137887226000819/0001378872-26-000819-index.htm>
- N-PORT (fund B) — accession `0001410368-26-063879` (as of 2026-04-30)
  <https://www.sec.gov/Archives/edgar/data/945908/000141036826063879/0001410368-26-063879-index.htm>

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