Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs KRE: how they differ
GARP and KRE hold 0% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and State Street(R) SPDR(R) S&P(R) Regional Banking ETF.
What they hold in common
By the books each fund has filed, GARP and KRE hold 0% of their money in the same securities at the same weight.
| Holding | GARP | KRE |
|---|---|---|
| CITIZENS FINANCIAL GROUP INC | 0.23% | 1.37% |
| Only in GARP | Only in KRE |
|---|---|
| KLA CORP 6.46% | Pinnacle Financial Partners Inc 1.37% |
| MICRON TECHNOLOGY INC 6.07% | Atlantic Union Bankshares Corp 1.37% |
| APPLE INC 4.44% | UMB Financial Corp 1.37% |
| NVIDIA CORP 4.16% | Glacier Bancorp Inc 1.36% |
| MICROSOFT CORP 4.10% | Associated Banc-Corp 1.36% |
| BROADCOM INC 3.96% | Cullen/Frost Bankers Inc 1.35% |
| LAM RESEARCH CORP 3.79% | First Interstate BancSystem Inc 1.35% |
| ELI LILLY & COMPANY 3.73% | Fulton Financial Corp 1.35% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
| GARP iShares MSCI USA Quality GARP ETF | KRE State Street(R) SPDR(R) S&P(R) Regional Banking ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI USA Quality GARP | SPDR S&P Regional Banking |
| Total return, 1 year | +29.5% | +16.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | −1.4 pts |
| Expense ratio | 0.15% | 0.35% |
| Already in the S&P 500 | 94.4% | 6.7% |
| Holdings | 131 | 161 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
KRE in plain words
KRE is an index equity fund tracking the SPDR S&P Regional Banking. Over the year to Sep 11, 2026 it returned +16.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 7% of the fund by weight is stocks the S&P 500 also holds, across 161 positions, with the top ten at 13.6%. It sat 5.2% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or KRE?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and KRE returned +16.1%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or KRE?
- GARP charges 0.15% a year and KRE charges 0.35%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and KRE overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 7% of KRE by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GARP against KRE, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-KRE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources