KBE vs. XHYF ETF Comparison

Comparison of SPDR S&P Bank ETF (KBE) to BondBloxx USD High Yield Bond Financial & REIT Sector ETF (XHYF)

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

$46.89

Average Daily Volume

2,420,583

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XHYF

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

XHYF Description

The BondBloxx USD High Yield Bond Financial & REIT Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the financial and REIT sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Financial & REIT Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the financial sector, including the banking, financial services, and insurance sub-sectors, and the REIT sector. The REIT sector is comprised solely of debt issued by real estate investment trusts.

Grade (RS Rating)

Last Trade

$36.88

Average Daily Volume

3,101

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBE	XHYF
30 Days	3.35%	0.88%
60 Days	3.96%	1.31%
90 Days	9.71%	2.02%
12 Months	43.89%	11.71%

6 Overlapping Holdings

Symbol	Grade	Weight in KBE	Weight in XHYF	Overlap
MTG	C	1.46%	0.38%	0.38%
NMIH	A	0.75%	0.28%	0.28%
PFSI	A	0.98%	0.38%	0.38%
RDN	C	1.47%	0.26%	0.26%
SNV	C	1.33%	0.27%	0.27%
TCBI	B	1.31%	0.26%	0.26%

KBE Overweight 85 Positions Relative to XHYF

Symbol	Grade	Weight
JXN	A	1.66%
CRBG	A	1.62%
EQH	A	1.6%
AX	A	1.57%
FCNCA	B	1.55%
C	A	1.51%
FHN	A	1.48%
OZK	B	1.48%
WFC	B	1.48%
ASB	A	1.46%
PNC	B	1.46%
BAC	B	1.46%
BPOP	A	1.46%
CADE	B	1.45%
APO	C	1.45%
JPM	B	1.44%
CFG	A	1.44%
BK	A	1.44%
NTRS	C	1.44%
VOYA	C	1.44%
TFC	A	1.44%
WTFC	B	1.44%
MTB	A	1.44%
ZION	B	1.43%
COLB	C	1.43%
HBAN	A	1.43%
FITB	A	1.43%
ONB	A	1.43%
COOP	A	1.43%
RF	B	1.41%
PB	B	1.4%
WAL	B	1.4%
KEY	C	1.4%
BKU	B	1.39%
CMA	B	1.39%
NYCB	D	1.39%
EWBC	A	1.38%
CFR	D	1.38%
PNFP	C	1.36%
BANC	C	1.35%
VLY	F	1.33%
USB	D	1.33%
SSB	D	1.32%
WBS	D	1.3%
CBSH	A	1.26%
ESNT	C	1.23%
GBCI	C	1.18%
HOMB	B	1.18%
FNB	A	1.18%
HWC	A	1.07%
WD	B	1.04%
UBSI	C	1.03%
BOH	D	1.0%
FBP	A	0.99%
ABCB	B	0.94%
FIBK	B	0.94%
FULT	B	0.85%
UMBF	B	0.81%
UCBI	B	0.79%
TBBK	F	0.76%
CVBF	B	0.75%
FHB	B	0.74%
INDB	C	0.67%
FFIN	D	0.67%
BOKF	A	0.65%
CBU	C	0.64%
WSFS	B	0.62%
PPBI	C	0.59%
IBOC	A	0.57%
SFBS	C	0.52%
EBC	B	0.5%
SBCF	C	0.5%
HTH	B	0.48%
CATY	D	0.48%
AUB	C	0.47%
WAFD	B	0.44%
IBTX	D	0.42%
SFNC	D	0.42%
BANR	B	0.41%
TRMK	A	0.4%
FRME	B	0.39%
FFBC	B	0.39%
RNST	C	0.34%
LKFN	D	0.31%
WSBC	D	0.25%

KBE Underweight 48 Positions Relative to XHYF

Symbol	Grade	Weight
LPLA	A	-0.98%
OMF	B	-0.82%
SBAC	F	-0.8%
AER	A	-0.78%
CODI	D	-0.75%
RHP	D	-0.71%
DB	B	-0.71%
ALLY	B	-0.68%
FTAI	B	-0.65%
MPW	D	-0.64%
VICI	D	-0.62%
RLJ	D	-0.61%
FCFS	D	-0.6%
SLM	B	-0.6%
OUT	D	-0.59%
DHC	D	-0.56%
COIN	D	-0.55%
CACC	D	-0.53%
IRM	D	-0.51%
ESGR	C	-0.5%
SQ	D	-0.47%
UNIT	F	-0.45%
CASH	B	-0.43%
ENVA	B	-0.4%
LADR	B	-0.39%
PRAA	C	-0.38%
ATSG	C	-0.37%
PRG	B	-0.37%
MSCI	D	-0.35%
IEP	F	-0.35%
SVC	F	-0.35%
NAVI	D	-0.33%
AIZ	C	-0.29%
SNEX	A	-0.27%
HASI	C	-0.26%
ACIW	B	-0.26%
STWD	C	-0.25%
VATE	D	-0.25%
OCN	C	-0.25%
GNW	C	-0.25%
FOUR	F	-0.25%
BXMT	D	-0.24%
XHR	C	-0.24%
ARI	F	-0.23%
GNL	D	-0.23%
PSFE	C	-0.22%
WRLD	B	-0.12%
GEO	B	-0.12%