KBE: SPDR® S&P Bank ETF - MutualFunds.com
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SPDR® S&P Bank ETF

KBE - Snapshot

Vitals

  • YTD Return 9.9%
  • 3 Yr Annualized Return -1.6%
  • 5 Yr Annualized Return 6.6%
  • Net Assets $2.59 B
  • Holdings in Top 10 20.4%

52 WEEK LOW AND HIGH

$46.04
$23.13
$47.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.35%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 30.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare KBE to Popular Financials Sector Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$30.89

-0.42%

$24.73 B

1.90%

$0.60

4.78%

-

$76.60

-0.34%

$7.74 B

2.07%

$1.61

5.15%

-

$38.51

+0.44%

$7.74 B

2.07%

$0.81

5.54%

-

$46.31

+0.59%

$2.59 B

2.17%

$1.02

9.90%

-

$58.86

+0.81%

$1.95 B

2.47%

$1.44

12.42%

-

KBE - Profile

Distributions

  • YTD Total Return 10.7%
  • 3 Yr Annualized Total Return -1.6%
  • 5 Yr Annualized Total Return 6.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.74%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    SPDR® S&P Bank ETF
  • Fund Family Name
    SPDR State Street Global Advisors
  • Inception Date
    Nov 08, 2005
  • Shares Outstanding
    61852118
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Feehily

Fund Description

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index tracks the performance of publicly traded national money centers and leading regional banks. It may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds.


KBE - Performance

Return Ranking - Trailing

Period KBE Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% -0.6% 13.5% 9.52%
1 Yr -8.7% -33.4% 30.7% 81.55%
3 Yr -1.6%* -7.1% 12.2% 78.35%
5 Yr 6.6%* 0.6% 15.9% 77.89%
10 Yr 7.0%* 1.5% 12.9% 75.58%

* Annualized

Return Ranking - Calendar

Period KBE Return Category Return Low Category Return High Rank in Category (%)
2020 -11.6% -51.5% 27.1% 78.43%
2019 26.6% 10.5% 35.3% 35.64%
2018 -21.1% -38.6% -4.7% 72.34%
2017 8.9% -63.0% 29.1% 70.00%
2016 28.5% -14.7% 36.0% 9.64%

Total Return Ranking - Trailing

Period KBE Return Category Return Low Category Return High Rank in Category (%)
YTD 10.7% -0.6% 12.4% 11.43%
1 Yr -8.7% -33.4% 30.7% 76.70%
3 Yr -1.6%* -7.1% 12.2% 77.32%
5 Yr 6.6%* 0.6% 15.9% 74.74%
10 Yr 7.0%* 1.5% 12.9% 75.58%

* Annualized

Total Return Ranking - Calendar

Period KBE Return Category Return Low Category Return High Rank in Category (%)
2020 -11.6% -51.5% 27.1% 78.43%
2019 26.6% 10.5% 35.3% 35.64%
2018 -21.1% -36.1% -4.7% 79.79%
2017 8.9% -9.3% 30.0% 78.89%
2016 28.5% -14.7% 37.9% 12.05%

KBE - Holdings

Concentration Analysis

KBE Category Low Category High KBE % Rank
Net Assets 2.59 B 346 K 24.7 B 3.74%
Number of Holdings 91 20 412 20.95%
Net Assets in Top 10 526 M 216 K 13.3 B 7.62%
Weighting of Top 10 20.37% 15.5% 83.2% 92.38%

Top 10 Holdings

  1. CIT Group Inc 2.91%
  2. First Republic Bank 2.16%
  3. SVB Financial Group 2.11%
  4. Regions Financial Corp 2.04%
  5. People's United Financial Inc 2.03%
  6. JPMorgan Chase & Co 2.02%
  7. Bank of America Corp 2.02%
  8. Comerica Inc 2.02%
  9. PennyMac Financial Services Inc Class A 2.01%
  10. Sterling Bancorp 2.01%

Asset Allocation

Weighting Return Low Return High KBE % Rank
Stocks
99.92% 85.38% 101.59% 12.38%
Cash
0.08% -1.59% 8.14% 86.67%
Preferred Stocks
0.00% 0.00% 13.74% 12.38%
Other
0.00% -0.86% 2.32% 20.00%
Convertible Bonds
0.00% 0.00% 0.72% 15.24%
Bonds
0.00% -0.32% 0.92% 12.38%

Stock Sector Breakdown

Weighting Return Low Return High KBE % Rank
Financial Services
100.00% 41.83% 100.00% 6.67%
Utilities
0.00% 0.00% 0.10% 10.48%
Technology
0.00% 0.00% 26.38% 47.62%
Real Estate
0.00% 0.00% 37.05% 50.48%
Industrials
0.00% 0.00% 9.33% 45.71%
Healthcare
0.00% 0.00% 4.72% 13.33%
Energy
0.00% 0.00% 0.00% 10.48%
Communication Services
0.00% 0.00% 3.95% 19.05%
Consumer Defense
0.00% 0.00% 0.06% 10.48%
Consumer Cyclical
0.00% 0.00% 49.41% 42.86%
Basic Materials
0.00% 0.00% 3.63% 12.38%

Stock Geographic Breakdown

Weighting Return Low Return High KBE % Rank
US
98.43% 0.00% 100.03% 20.00%
Non US
1.49% 0.00% 98.58% 77.14%

KBE - Expenses

Operational Fees

KBE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.08% 4.21% 89.32%
Management Fee 0.35% 0.00% 1.25% 10.28%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

KBE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

KBE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

KBE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 30.00% 1.00% 360.00% 59.41%

KBE - Distributions

Dividend Yield Analysis

KBE Category Low Category High KBE % Rank
Dividend Yield 1.56% 0.00% 8.19% 14.95%

Dividend Distribution Analysis

KBE Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

KBE Category Low Category High KBE % Rank
Net Income Ratio 2.74% -2.04% 9.95% 11.43%

Capital Gain Distribution Analysis

KBE Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

KBE - Fund Manager Analysis

Managers

Michael Feehily


Start Date

Tenure

Tenure Rank

Oct 31, 2011

9.18

9.2%

Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.

Karl Schneider


Start Date

Tenure

Tenure Rank

Oct 31, 2014

6.17

6.2%

Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.

Melissa Kapitulik


Start Date

Tenure

Tenure Rank

Oct 31, 2018

2.17

2.2%

Melissa is a Vice President at SSgA FM and a Senior Portfolio Manager in the Global Equity Beta Solutions team where she currently manages several of the firm's commingled US and international strategies as well as US and international/emerging ETFs and other separately managed domestic and international funds. Additionally, Melissa manages synthetic beta strategies, including hedge fund replication. Prior to her current role, Melissa worked on SSgA's Trident Project RKS implementation. Ms. Kapitulik joined SSGA FM in 2006. Before joining SSgA, Melissa was a consultant – specializing in accounting system implementations for investment management companies – and was responsible for the design and development of a wide variety of applications. She began her career at PIMCO, where she worked for several years as a trading assistant in Global Fixed Income. Melissa holds a Bachelor of Science degree in Finance from Villanova University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.34 24.01 6.88 0.71