# Portfolio overlap — REM vs KBWD

Comparing **iShares Mortgage Real Estate ETF** (2026-03-31) and **Invesco KBW High Dividend Yield Financial ETF** (2026-02-28).

- Shared positions: 13
- iShares Mortgage Real Estate ETF covered by Invesco KBW High Dividend Yield Financial ETF: 0.2950907346479170651360158740
- Invesco KBW High Dividend Yield Financial ETF covered by iShares Mortgage Real Estate ETF: 0.2950907346479170651360158740

## iShares Mortgage Real Estate ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| ANNALY CAPITAL MGMT INC REIT | 0.221602 | ✓ |
| AGNC INVESTMENT CORP | 0.144911 | ✓ |
| STARWOOD PROPERTY TRUST INC | 0.077782 |  |
| BLACKSTONE MORTGAGE TR CL A | 0.046838 |  |
| RITHM CAPITAL CORP | 0.046133 |  |
| DYNEX CAPITAL | 0.044585 | ✓ |
| ARMOUR RESIDENTIAL REIT INC | 0.041555 | ✓ |
| ARBOR REALTY TRUST INC | 0.033068 | ✓ |
| APOLLO COMMERCIA | 0.032553 |  |
| ELLINGTON FINANCIAL INC | 0.031870 |  |
| ORCHID ISLAND CAPITAL INC | 0.028745 | ✓ |
| TWO HBRS INVT CORP | 0.026312 | ✓ |
| LADDER CAPITAL CORP CL A | 0.024628 |  |
| CHIMERA INVESTMENT CORP | 0.022650 |  |
| PENNYMAC MORTGAGE INV TRUST | 0.022451 | ✓ |
| MFA FINANCIAL INC | 0.021773 | ✓ |
| BRIGHTSPIRE CAPITAL INC | 0.015940 |  |
| REDWOOD TRUST INC REIT | 0.015683 | ✓ |
| FRANKLIN BSP REALTY TRUST INC | 0.015336 | ✓ |
| NEW YORK MTGE | 0.013814 | ✓ |
| INVESCO MORTGAGE CAPITAL INC | 0.013741 | ✓ |
| TPG RE FINANCE TRUST INC | 0.012317 |  |
| KKR REAL ESTATE FINANCE TRUST INC | 0.007449 |  |
| ARES COMMERCIAL REAL ESTATE CO | 0.005600 |  |
| READY CAPITAL CORP | 0.005234 |  |
| CLAROS MORTGAGE TRUST INC | 0.004846 |  |
| TPG MORTGAGE INVESTMENT TRUST INC | 0.004612 |  |
| CHICAGO ATLANTIC | 0.004533 |  |
| SEVEN HILLS REALTY TRUST | 0.004005 |  |
| ACRES COMMERCIAL REALTY CORP | 0.002590 |  |
| ANGEL OAK MORTGAGE REIT INC | 0.002578 |  |
| NEXPOINT REAL ESTATE FINANCE | 0.001986 |  |
| BLACKROCK GLOBAL | 0.001029 |  |
| BLACKROCK CASH FUNDS | 0.001017 |  |
| WHEAT (CBT) | 0.000232 |  |

## Invesco KBW High Dividend Yield Financial ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Invesco Private Prime Fund | 0.169936 |  |
| Invesco Private Government Fund | 0.065451 |  |
| INVESCO MORTGAGE CAPITAL INC | 0.039195 | ✓ |
| ORCHID ISLAND CAPITAL INC | 0.037072 | ✓ |
| AGNC INVESTMENT CORP | 0.031385 | ✓ |
| TWO HBRS INVT CORP | 0.030861 | ✓ |
| ARMOUR RESIDENTIAL REIT INC | 0.030649 | ✓ |
| NEW YORK MTGE | 0.028360 | ✓ |
| DYNEX CAPITAL | 0.028359 | ✓ |
| Trinity Capital Inc., BDC | 0.028053 |  |
| ANNALY CAPITAL MGMT INC REIT | 0.026297 | ✓ |
| MFA FINANCIAL INC | 0.026063 | ✓ |
| Goldman Sachs BDC, Inc. SHS | 0.024928 |  |
| PENNYMAC MORTGAGE INV TRUST | 0.022856 | ✓ |
| REDWOOD TRUST INC REIT | 0.020664 | ✓ |
| ARBOR REALTY TRUST INC | 0.020544 | ✓ |
| PennantPark Floating Rate Capital Ltd., BDC | 0.019389 |  |
| CION Investment Corporation | 0.019349 |  |
| TCG BDC, Inc. | 0.019062 |  |
| FRANKLIN BSP REALTY TRUST INC | 0.018948 | ✓ |
| WESTERN UNION CO | 0.018563 |  |
| Nuveen Churchill Direct Lending Corp. | 0.017915 |  |
| NEW MOUNTAIN FINANCE CORP COMMON STOCK | 0.017696 |  |
| FS KKR CAPITAL CORP COMMON STOCK | 0.017344 |  |
| MidCap Financial Investment Corp., BDC | 0.017138 |  |
| BlackRock TCP Capital Corp., BDC | 0.017046 |  |
| BLUE OWL CAPITAL CORP COMMON STOCK | 0.016660 |  |
| PENNANTPARK INVESTMENT CORP COMMON STOCK | 0.016047 |  |
| ALLIANCEBERNSTEIN HOLDING LP | 0.015641 |  |
| Crescent Capital BDC, Inc. COM | 0.015258 |  |
| WASH TRUST BANC | 0.013544 |  |
| ARTISAN PARTNERS ASSET MANAGEMENT INC A | 0.013333 |  |
| FRANKLIN RESOURCES INC | 0.013135 |  |
| FIRST INTST BANCSYST INC CL A | 0.011679 |  |
| KEARNY FINANCIAL CORP | 0.011660 |  |
| NORTHWEST BANCSHARES INC | 0.011054 |  |
| UWM HOLDINGS CORP CL A | 0.010106 |  |
| PEOPLES BANCORP INC | 0.009620 |  |
| FLUSHING FINL | 0.009206 |  |
| LINCOLN NATL CRP | 0.008295 |  |
| PRUDENTL FINL | 0.007256 |  |
| BLUE OWL CAPITAL INC A | 0.004381 |  |


## Sources

- N-PORT (fund A) — accession `0000940400-26-020785` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000094040026020785/0000940400-26-020785-index.htm>
- N-PORT (fund B) — accession `0001378872-26-000847` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1378872/000137887226000847/0001378872-26-000847-index.htm>

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