Data as of Oct 28, 2026.
KBE vs VFH: Differences, Returns & Fees
Over the year to Oct 28, 2026, KBE returned +16.9% to VFH's +7.5%; 15% of their weight is in the same names.
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Net assets: $1.5bn on Oct 27, 2026 for State Street SPDR S&P Bank ETF, and $12.7bn on Sep 30, 2026 for Vanguard Financials ETF.
Pair scorecard
VFH costs 0.26 points a year less; their one-year returns differ by 9.4 points; VFH is 8.5 times larger.
| Measure | KBE | VFH |
|---|---|---|
| Return | ||
| Total return, 1 year | +16.9% | +7.5% |
| Drawdown | ||
| Below its high | 7.9%, high on Aug 14, 2026 | 4.4%, high on Sep 3, 2026 |
| Benchmark | ||
| What it tracks | S&P Banks Select Industry Index | MSCI US Investable Market Index (IMI)/Financials 25/50 |
| Cost and size | ||
| Expense ratio | 0.35% | 0.09% |
| Net assets, as of Sep 30, 2026 | $1.5bn | $12.7bn |
| Holdings | ||
| Holdings in common | 15% | |
| Top ten holdings, share of the fund | 10.2% | 48.2% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Nov 25, 2005 to Oct 23, 2026 · 1,091 weekly returnsVFH returned more: +269.9% to +105.5%. VFH swung less: 25.6% to 32.8%. VFH fell slightly less at its worst: −78.6% to −83.1%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | KBE | VFH | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +105.5% | +269.9% | VFH | Price change plus distributions, reinvested. |
| Annualized | +3.5% | +6.4% | VFH | Total return as a yearly rate. |
| Price return | +24.6% | +136.9% | VFH | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 32.8% | 25.6% | VFH | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 22.1% | 17.7% | VFH | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −83.1% | −78.6% | VFH (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.21 | 0.30 | VFH | Return above Treasury bills per unit of volatility. |
| Sortino | 0.32 | 0.44 | VFH | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.04 | 0.08 | VFH | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,091 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, KBE and VFH hold 15% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
15% in common
Only in one fund ↓
Side by side
KBE and VFH on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
KBE and VFH are built for the same job. How do they differ in cost, holdings and results?
- What each follows. KBE follows S&P Banks Select Industry Index and VFH follows MSCI US Investable Market Index (IMI)/Financials 25/50.
- Holdings in common. 15% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 KBE returned +16.9% and VFH +7.5% with distributions reinvested, a gap of 9.4 points.
Data as of Oct 28, 2026.
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KBE
KBE tracks an index. Over the year to Oct 28, 2026 it returned +16.9% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 16% of the fund by weight is stocks the S&P 500 also holds, across 107 positions, with the top ten at 10.2%. It sat 7.9% below its high of Aug 14, 2026 on Oct 28, 2026.
VFH
VFH tracks an index. Over the year to Oct 28, 2026 it returned +7.5% with distributions reinvested, against +7.6% for its benchmark, the MSCI US Investable Market Index (IMI)/Financials 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 83% of the fund by weight is stocks the S&P 500 also holds, across 425 positions, with the top ten at 48.2%. It sat 4.4% below its high of Sep 3, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, KBE or VFH?
- In the year to Oct 28, 2026, with distributions reinvested, KBE returned +16.9% and VFH +7.5%.
- Which is cheaper, KBE or VFH?
- VFH is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, KBE against VFH, data as of Oct 28, 2026. https://etfiq.com/compare/any/kbe-vs-vfh
ETFIQ. (Oct 28, 2026). KBE against VFH. Retrieved from https://etfiq.com/compare/any/kbe-vs-vfh
[KBE against VFH (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/kbe-vs-vfh)
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