KRE vs. FOVL ETF Comparison

Comparison of SPDR S&P Regional Banking ETF (KRE) to iShares Focused Value Factor ETF (FOVL)

KRE

SPDR S&P Regional Banking ETF

KRE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional 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 regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.02

Average Daily Volume

13,298,828

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.85

Average Daily Volume

14,044

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KRE	FOVL
30 Days	1.32%	-2.95%
60 Days	3.78%	0.23%
90 Days	2.15%	4.12%
12 Months	32.91%	23.97%

5 Overlapping Holdings

Symbol	Grade	Weight in KRE	Weight in FOVL	Overlap
FHB	A	0.76%	2.83%	0.76%
FNB	A	1.2%	2.7%	1.2%
PNFP	C	1.85%	3.29%	1.85%
SNV	C	2.25%	2.77%	2.25%
WBS	F	2.42%	2.77%	2.42%

KRE Overweight 134 Positions Relative to FOVL

Symbol	Grade	Weight
OZK	A	2.55%
MTB	A	2.54%
TFC	A	2.53%
CFG	A	2.51%
HBAN	A	2.5%
FHN	A	2.48%
ZION	A	2.44%
RF	A	2.43%
EWBC	A	2.42%
WAL	B	2.42%
NYCB	F	2.27%
CADE	A	2.08%
CFR	B	2.04%
COLB	B	1.97%
PB	B	1.86%
WTFC	A	1.76%
VLY	F	1.74%
AX	A	1.67%
SSB	D	1.58%
ONB	A	1.57%
BPOP	A	1.57%
ASB	A	1.47%
BANC	C	1.47%
BKU	A	1.37%
TCBI	A	1.34%
CBSH	A	1.28%
HOMB	A	1.22%
GBCI	B	1.22%
UBSI	C	1.09%
HWC	A	1.06%
BOH	C	1.03%
FBP	A	0.98%
ABCB	A	0.93%
FIBK	A	0.91%
TBBK	F	0.86%
UMBF	B	0.85%
UCBI	B	0.8%
FULT	A	0.79%
CVBF	C	0.75%
CUBI	D	0.72%
FFIN	C	0.69%
INDB	B	0.68%
CBU	C	0.65%
BOKF	A	0.65%
WSFS	A	0.63%
PPBI	C	0.59%
IBOC	A	0.56%
SFBS	C	0.54%
CATY	D	0.51%
EBC	B	0.5%
SBCF	B	0.5%
AUB	C	0.49%
HTH	B	0.49%
PFS	B	0.47%
WAFD	A	0.46%
IBTX	F	0.46%
SFNC	D	0.45%
BANR	B	0.43%
CASH	A	0.42%
NWBI	D	0.41%
HOPE	D	0.4%
VBTX	A	0.39%
FRME	A	0.39%
FFBC	A	0.38%
OFG	A	0.38%
TRMK	A	0.36%
RNST	B	0.35%
WABC	A	0.35%
HTLF	A	0.34%
CHCO	A	0.33%
FCF	A	0.33%
LOB	F	0.33%
LKFN	C	0.32%
NBTB	A	0.32%
BANF	A	0.3%
PRK	A	0.3%
PFBC	A	0.3%
EFSC	B	0.29%
TOWN	A	0.29%
NBHC	B	0.28%
EGBN	F	0.26%
FBK	A	0.26%
WSBC	C	0.26%
FFWM	F	0.25%
STBA	A	0.25%
MCB	B	0.25%
CFFN	D	0.24%
FBNC	F	0.24%
BHLB	A	0.23%
BRKL	F	0.23%
SASR	C	0.23%
OCFC	C	0.23%
DCOM	B	0.22%
TFSL	B	0.2%
HAFC	B	0.19%
BUSE	A	0.18%
HFWA	B	0.17%
SBSI	F	0.17%
AMAL	A	0.17%
PEBO	A	0.17%
FBMS	F	0.16%
SYBT	A	0.16%
TMP	D	0.16%
CNOB	C	0.16%
TCBK	B	0.15%
NIC	C	0.14%
HTBK	D	0.14%
OBK	A	0.14%
SRCE	A	0.14%
CPF	A	0.14%
LBAI	B	0.14%
OSBC	B	0.13%
PFC	A	0.13%
QCRH	C	0.13%
KRNY	F	0.12%
WASH	B	0.12%
MBWM	A	0.12%
UVSP	A	0.11%
BY	A	0.11%
CTBI	A	0.1%
CFB	C	0.1%
IBCP	A	0.1%
HBNC	A	0.1%
PGC	F	0.1%
FFIC	D	0.1%
TRST	B	0.1%
AMTB	A	0.09%
GSBC	A	0.08%
THFF	A	0.08%
CCB	B	0.08%
HONE	A	0.07%
MSBI	C	0.07%
CAC	B	0.06%
CLBK	F	0.06%

KRE Underweight 35 Positions Relative to FOVL

Symbol	Grade	Weight
TOL	B	-3.4%
IBKR	A	-3.25%
BLDR	C	-3.12%
COF	B	-3.09%
JPM	A	-3.07%
SF	A	-3.01%
WTM	A	-2.97%
WLK	A	-2.87%
FYBR	B	-2.77%
AXS	B	-2.76%
ORI	A	-2.71%
JHG	B	-2.66%
KMI	A	-2.61%
CNA	A	-2.57%
LYB	D	-2.51%
PFG	D	-2.49%
NUE	D	-2.47%
CLF	F	-2.47%
DFS	B	-2.46%
T	B	-2.46%
AMG	C	-2.44%
HPE	D	-2.31%
THO	F	-2.31%
CUZ	A	-2.3%
LPX	C	-2.28%
AN	A	-2.28%
STT	D	-2.28%
AGR	B	-2.21%
PNW	A	-2.09%
Z	F	-1.94%
ALK	B	-1.93%
LSXMK	D	-1.7%
SNDR	F	-1.69%
UNM	A	-1.44%
LLYVK	F	-0.65%