KBE vs. SVAL ETF Comparison

Comparison of SPDR S&P Bank ETF (KBE) to iShares US Small Cap Value Factor ETF (SVAL)

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

$60.28

Average Daily Volume

1,814,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SVAL

iShares US Small Cap Value Factor ETF

SVAL Description

The investment seeks to track the investment results of the Russell 2000 Focused Value Select Index composed of U.S. small-capitalization stocks with prominent value characteristics. The index measures the performance of small-capitalization U.S. companies with prominent value factor characteristics, as determined by the index provider. The fund generally will invest at least 80% of its assets in the component securities and other instruments of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.

Grade (RS Rating)

Last Trade

$35.09

Average Daily Volume

31,423

Number of Holdings ^*

228

* may have additional holdings in another (foreign) market

Performance

Period	KBE	SVAL
30 Days	10.56%	9.25%
60 Days	12.89%	7.84%
90 Days	13.40%	7.31%
12 Months	57.32%	28.68%

36 Overlapping Holdings

Symbol	Grade	Weight in KBE	Weight in SVAL	Overlap
ABCB	B	1.15%	0.0%	0.0%
ASB	B	1.29%	0.51%	0.51%
AUB	B	1.03%	0.0%	0.0%
AX	B	1.32%	0.0%	0.0%
BANC	B	1.16%	0.43%	0.43%
BANR	B	0.75%	0.0%	0.0%
CADE	B	1.22%	0.0%	0.0%
CATY	B	0.97%	0.0%	0.0%
CVBF	A	1.02%	0.43%	0.43%
EBC	B	1.03%	0.96%	0.96%
ESNT	F	0.89%	0.38%	0.38%
FBP	C	1.06%	0.0%	0.0%
FFBC	B	0.61%	0.0%	0.0%
FIBK	B	1.09%	0.43%	0.43%
FRME	B	0.57%	0.51%	0.51%
FULT	A	1.18%	0.0%	0.0%
GBCI	B	1.28%	0.64%	0.64%
HOMB	A	1.15%	0.48%	0.48%
HTH	C	0.59%	0.37%	0.37%
HWC	B	1.2%	0.52%	0.52%
INDB	B	0.99%	0.0%	0.0%
NMIH	C	0.93%	0.45%	0.45%
ONB	C	1.19%	0.49%	0.49%
PFS	B	1.0%	0.0%	0.0%
PPBI	C	0.79%	0.0%	0.0%
RDN	D	0.98%	0.45%	0.45%
RNST	B	0.82%	0.0%	0.0%
SBCF	B	0.72%	0.0%	0.0%
SFNC	C	0.64%	0.0%	0.0%
TCBI	C	1.26%	0.49%	0.49%
TRMK	C	0.62%	0.0%	0.0%
UBSI	B	1.14%	0.49%	0.49%
UMBF	B	1.19%	0.64%	0.64%
VLY	B	1.18%	0.38%	0.38%
WAFD	B	0.85%	0.46%	0.46%
WSFS	B	0.81%	0.0%	0.0%

KBE Overweight 57 Positions Relative to SVAL

Symbol	Grade	Weight
APO	B	1.42%
WFC	A	1.37%
EWBC	A	1.34%
WBS	A	1.34%
PNFP	B	1.32%
JXN	C	1.31%
SNV	C	1.3%
ZION	B	1.28%
COLB	B	1.28%
CFR	B	1.28%
WTFC	A	1.27%
MTB	A	1.26%
FHN	A	1.25%
BOH	B	1.22%
HBAN	A	1.22%
NTRS	A	1.21%
CMA	B	1.21%
EQH	C	1.2%
RF	A	1.19%
KEY	B	1.19%
C	A	1.19%
BAC	A	1.18%
FCNCA	A	1.18%
PNC	B	1.18%
FNB	A	1.18%
JPM	A	1.17%
CBSH	B	1.16%
FFIN	B	1.15%
CFG	B	1.15%
OZK	B	1.15%
TBBK	B	1.15%
SSB	B	1.14%
PB	B	1.14%
BK	A	1.13%
WAL	B	1.13%
USB	A	1.13%
FITB	B	1.12%
TFC	A	1.11%
CRBG	B	1.11%
BKU	A	1.1%
VOYA	B	1.1%
COOP	B	1.06%
WD	D	1.01%
BPOP	C	0.99%
CBU	B	0.99%
MTG	C	0.98%
BOKF	B	0.94%
SFBS	C	0.91%
PFSI	C	0.9%
IBOC	B	0.89%
FHB	B	0.89%
UCB	A	0.88%
TFIN	B	0.81%
RKT	F	0.79%
IBTX	B	0.78%
LKFN	C	0.46%
WSBC	B	0.44%

KBE Underweight 192 Positions Relative to SVAL

Symbol	Grade	Weight
SKYW	C	-0.86%
TILE	B	-0.84%
LC	A	-0.81%
ARIS	A	-0.8%
MLI	B	-0.78%
HTLF	B	-0.73%
FBK	C	-0.64%
CXW	C	-0.62%
CALM	A	-0.61%
QCRH	B	-0.61%
MHO	D	-0.6%
HSII	B	-0.6%
MATX	C	-0.6%
TTMI	C	-0.6%
SASR	B	-0.58%
UVSP	B	-0.58%
PATK	C	-0.57%
CCB	A	-0.56%
SEI	A	-0.56%
HBNC	B	-0.56%
CTBI	B	-0.56%
LOB	C	-0.55%
GABC	B	-0.55%
KBH	D	-0.55%
CNX	A	-0.55%
AKR	B	-0.55%
TMHC	C	-0.54%
PFC	B	-0.54%
DCOM	B	-0.54%
STGW	A	-0.52%
UVE	B	-0.52%
BY	B	-0.52%
NIC	B	-0.52%
REZI	A	-0.52%
CNO	B	-0.52%
GHC	B	-0.52%
KFY	B	-0.52%
SRCE	B	-0.51%
GMS	B	-0.51%
FMBH	B	-0.51%
EFSC	B	-0.51%
JAKK	C	-0.5%
CNOB	B	-0.5%
TOWN	B	-0.5%
TPH	D	-0.5%
HOPE	C	-0.49%
UNFI	A	-0.49%
TMP	B	-0.49%
THFF	B	-0.48%
BXC	B	-0.48%
MTH	D	-0.48%
INVA	D	-0.48%
WASH	C	-0.48%
TCBK	C	-0.48%
PRG	C	-0.47%
SPNT	B	-0.47%
MCS	B	-0.47%
AVNT	B	-0.47%
MBIN	F	-0.47%
STEL	B	-0.46%
CFFN	C	-0.46%
PGC	B	-0.46%
NFBK	C	-0.46%
BUSE	B	-0.45%
BZH	C	-0.45%
LZB	B	-0.45%
PEBO	B	-0.45%
NTB	B	-0.45%
FFIC	B	-0.44%
CVLG	B	-0.44%
SIG	B	-0.44%
BCC	B	-0.44%
OSBC	A	-0.44%
CCS	D	-0.43%
VSTO	A	-0.43%
ESGR	B	-0.43%
UFPI	C	-0.42%
FDP	B	-0.42%
AMWD	C	-0.42%
HCC	B	-0.42%
ACT	C	-0.41%
HTBK	B	-0.41%
HUBG	A	-0.41%
SBSI	C	-0.4%
WKC	C	-0.4%
SCS	C	-0.39%
MGY	A	-0.39%
OBK	C	-0.39%
EGY	D	-0.39%
ALE	A	-0.39%
SXC	A	-0.39%
MD	C	-0.38%
CEIX	A	-0.38%
BNL	D	-0.38%
METC	C	-0.37%
ABG	C	-0.37%
NWE	B	-0.37%
ARCB	C	-0.36%
AEO	F	-0.36%
FOR	F	-0.36%
SM	B	-0.36%
MNRO	D	-0.35%
JBGS	F	-0.35%
DEA	D	-0.35%
NX	C	-0.35%
REPX	A	-0.35%
WERN	C	-0.34%
CRC	A	-0.34%
ATSG	B	-0.34%
CAL	F	-0.34%
AOSL	C	-0.33%
GEF	A	-0.33%
NOG	B	-0.33%
STNG	F	-0.33%
APLE	B	-0.33%
WGO	C	-0.33%
LCII	C	-0.32%
ETD	C	-0.32%
MLKN	F	-0.32%
RLJ	C	-0.32%
INSW	F	-0.31%
ARCH	B	-0.31%
ASIX	B	-0.31%
LPG	F	-0.31%
ARKO	C	-0.3%
AMR	C	-0.3%
ANDE	D	-0.3%
RMR	F	-0.3%
WNC	C	-0.3%
HNRG	B	-0.3%
IIIN	C	-0.3%
HTLD	C	-0.28%
SPTN	D	-0.27%
KELYA	F	-0.27%
LXU	B	-0.27%
RYI	C	-0.27%
HPK	B	-0.27%
REI	D	-0.26%
HP	C	-0.26%
MUR	D	-0.24%
THRY	D	-0.24%
CLW	F	-0.23%
WS	C	-0.23%
TALO	C	-0.23%
FLGT	F	-0.22%
DK	C	-0.22%
MTUS	C	-0.22%
OIS	B	-0.21%
VSH	F	-0.21%
WOR	F	-0.21%
ATKR	D	-0.2%
TH	C	-0.19%
CMT	C	-0.19%
PTEN	C	-0.19%
BRY	F	-0.18%
ODP	F	-0.18%
CVI	F	-0.18%
RGP	F	-0.18%
DAN	D	-0.18%
TWI	F	-0.17%
XRX	F	-0.17%
TBI	F	-0.16%
PARR	F	-0.16%
HDSN	F	-0.15%
CVGI	F	-0.11%
BOOM	F	-0.11%
JRVR	F	-0.1%
MED	D	-0.08%
DTC	F	-0.07%
GDOT	D	-0.0%
PRDO	B	-0.0%
CASH	B	-0.0%
EIG	B	-0.0%
EGBN	B	-0.0%
TRST	B	-0.0%
WABC	B	-0.0%
HMN	B	-0.0%
BRKL	B	-0.0%
NWBI	B	-0.0%
OFG	B	-0.0%
BHLB	B	-0.0%
FCF	B	-0.0%
HAFC	B	-0.0%
PFBC	B	-0.0%
STBA	B	-0.0%
NBTB	B	-0.0%
HFWA	C	-0.0%
NBHC	C	-0.0%
VBTX	B	-0.0%
STC	B	-0.0%
FBNC	B	-0.0%
CPF	B	-0.0%