IAI vs KBWB: holdings overlap, shared companies and scores

As of September 11, 2026, IAI and KBWB overlap 14.6% by weight. iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI): U.S. broker-dealers and exchanges. Invesco KBW Bank ETF (KBWB): U.S. banking stocks.

Updated September 11, 2026

How much do IAI and KBWB overlap?

As of September 11, 2026, IAI and KBWB overlap 14.6% by weight.

36% of IAI is already inside KBWB.

15% of KBWB is already inside IAI.

IAI holds 38 companies and KBWB holds 25; 2 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score IAI and KBWB?

As of September 11, 2026, ETF Copilot scores IAI 4.4 out of 10 and KBWB 3.9 out of 10.

They differ most on Quality: IAI 7.1 and KBWB 0.9.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

IAI vs KBWB — ETF Copilot factor scores, 0–10
Factor	IAI	KBWB
Growth	1.9	2.2
Valuation	3.0	6.0
Risk	1.4	1.8
Quality	7.1	0.9
Return	8.3	7.6

KBWB is the cheaper of the two at 0.35% a year

As of September 11, 2026, IAI charges 0.37% a year, yields 1.42% and holds $1.4B in assets across 38 positions.

As of September 11, 2026, KBWB charges 0.35% a year, yields 2.54% and holds $6.8B in assets across 25 positions.

IAI vs KBWB — cost, income and size
Measure	IAI	KBWB
Expense ratio	0.37%	0.35%
Dividend yield	1.42%	2.54%
Assets under management	$1.4B	$6.8B
Holdings	38	25

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Where IAI and KBWB trade against their own history

IAI trades at 20.1 times earnings, against its own median of 17.1, and is more expensive than 58% of its own 114 monthly readings since 2017.

KBWB trades at 14.0 times earnings, against its own median of 12.3, and is more expensive than 66% of its own 114 monthly readings since 2017.

What moved IAI and KBWB this week

IAI fell 3.8% in the week to September 11, 2026. The holdings that moved it most were Robinhood Markets (−9.7%), S&P Global (−8.8%) and Coinbase Global (−9.1%); Stonex (+1.2%) pushed the other way.

KBWB fell 0.8% in the week to September 11, 2026. The holdings that moved it most were Capital ONE Financial (−5.5%), JPMorgan Chase (−1.6%) and Morgan Stanley (−1.3%); Wells Fargo (+1.2%) pushed the other way.

What do IAI and KBWB each hold?

75% of IAI is its ten largest holdings.

61% of KBWB is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “IAI vs KBWB holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/iai-vs-kbwb