KRE: SPDR® S&P Regional Banking ETF - MutualFunds.com
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SPDR® S&P Regional Banking ETF

KRE - Snapshot

Vitals

  • YTD Return 9.1%
  • 3 Yr Annualized Return -1.4%
  • 5 Yr Annualized Return 6.8%
  • Net Assets $1.95 B
  • Holdings in Top 10 37.4%

52 WEEK LOW AND HIGH

$57.96
$28.13
$59.64

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.35%

SALES FEES

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

BROKERAGE FEES

  • Turnover 35.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare KRE to Popular Financials Sector Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$30.12

-0.73%

$24.73 B

1.97%

$0.60

1.36%

0.13%

$74.72

-0.77%

$7.74 B

2.14%

$1.61

1.72%

0.10%

$37.46

-0.77%

$7.74 B

2.14%

$0.81

2.66%

0.10%

$45.18

-0.57%

$2.59 B

2.25%

$1.02

6.53%

0.35%

$57.49

-0.81%

$1.95 B

2.49%

$1.44

9.12%

0.35%

KRE - Profile

Distributions

  • YTD Total Return 10.7%
  • 3 Yr Annualized Total Return -1.4%
  • 5 Yr Annualized Total Return 6.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.79%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    SPDR® S&P Regional Banking ETF
  • Fund Family Name
    SPDR State Street Global Advisors
  • Inception Date
    Jun 19, 2006
  • Shares Outstanding
    37502585
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Feehily

Fund Description

In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a sampling 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 segment of the S&P Total Market Index ("S&P TMI").


KRE - Performance

Return Ranking - Trailing

Period KRE Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -1.7% 10.0% 5.71%
1 Yr -7.3% -33.4% 30.7% 73.53%
3 Yr -1.4%* -7.1% 12.2% 75.00%
5 Yr 6.8%* 0.6% 15.9% 75.53%
10 Yr 9.2%* 1.5% 12.9% 48.84%

* Annualized

Return Ranking - Calendar

Period KRE Return Category Return Low Category Return High Rank in Category (%)
2020 -10.8% -51.5% 27.1% 74.26%
2019 24.5% 10.5% 35.3% 50.00%
2018 -20.5% -38.6% -4.7% 66.67%
2017 5.9% -63.0% 29.1% 78.65%
2016 32.6% -14.7% 36.0% 7.32%

Total Return Ranking - Trailing

Period KRE Return Category Return Low Category Return High Rank in Category (%)
YTD 10.7% -1.7% 11.7% 2.86%
1 Yr -7.3% -33.4% 30.7% 67.65%
3 Yr -1.4%* -7.1% 12.2% 73.96%
5 Yr 6.8%* 0.6% 15.9% 72.34%
10 Yr 9.2%* 1.5% 12.9% 47.67%

* Annualized

Total Return Ranking - Calendar

Period KRE Return Category Return Low Category Return High Rank in Category (%)
2020 -10.8% -51.5% 27.1% 74.26%
2019 24.5% 10.5% 35.3% 50.00%
2018 -20.5% -36.1% -4.7% 72.04%
2017 5.9% -9.3% 30.0% 84.27%
2016 32.6% -14.7% 37.9% 9.76%

KRE - Holdings

Concentration Analysis

KRE Category Low Category High KRE % Rank
Net Assets 1.95 B 346 K 24.7 B 4.72%
Number of Holdings 131 20 412 14.29%
Net Assets in Top 10 726 M 216 K 13.3 B 4.76%
Weighting of Top 10 37.41% 15.5% 83.2% 65.71%

Top 10 Holdings

  1. First Republic Bank 4.08%
  2. Svb Financial Group 3.99%
  3. Regions Financial Corp 3.74%
  4. Pnc Financial Services Group Inc 3.74%
  5. Keycorp 3.73%
  6. Truist Financial Corp 3.67%
  7. M&T Bank Corp 3.65%
  8. Citizens Financial Group Inc 3.64%
  9. Fifth Third Bancorp 3.63%
  10. Huntington Bancshares Inc 3.52%

Asset Allocation

Weighting Return Low Return High KRE % Rank
Stocks
101.59% 85.38% 101.59% 0.95%
Preferred Stocks
0.00% 0.00% 13.74% 92.38%
Other
0.00% -0.86% 2.32% 83.81%
Convertible Bonds
0.00% 0.00% 0.72% 92.38%
Bonds
0.00% -0.32% 0.92% 91.43%
Cash
-1.59% -1.59% 8.14% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High KRE % Rank
Financial Services
100.00% 41.83% 100.00% 23.81%
Utilities
0.00% 0.00% 0.10% 92.38%
Technology
0.00% 0.00% 26.38% 93.33%
Real Estate
0.00% 0.00% 36.77% 96.19%
Industrials
0.00% 0.00% 9.33% 93.33%
Healthcare
0.00% 0.00% 4.72% 92.38%
Energy
0.00% 0.00% 0.00% 92.38%
Communication Services
0.00% 0.00% 3.95% 94.29%
Consumer Defense
0.00% 0.00% 0.06% 92.38%
Consumer Cyclical
0.00% 0.00% 49.41% 92.38%
Basic Materials
0.00% 0.00% 3.63% 92.38%

Stock Geographic Breakdown

Weighting Return Low Return High KRE % Rank
US
99.94% 0.00% 100.03% 4.76%
Non US
1.65% 0.00% 98.58% 75.24%

KRE - Expenses

Operational Fees

KRE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.08% 4.21% 94.17%
Management Fee 0.35% 0.00% 1.25% 15.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

KRE 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

KRE 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.

KRE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 35.00% 1.00% 360.00% 62.38%

KRE - Distributions

Dividend Yield Analysis

KRE Category Low Category High KRE % Rank
Dividend Yield 1.82% 0.00% 7.31% 9.43%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

KRE Category Low Category High KRE % Rank
Net Income Ratio 2.79% -2.04% 9.95% 9.52%

Capital Gain Distribution Analysis

KRE Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

KRE - 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.

Kala O’Donnell


Start Date

Tenure

Tenure Rank

Mar 01, 2019

1.84

1.8%

Kala O'Donnell is a Vice President at SSGA and is a senior portfolio manager in the firm's Global Equity Beta Solutions Group. She is responsible for managing both domestic and international equity index portfolios, including a variety of separate accounts, commingled funds, ETFs and alternative beta strategies. Additionally, Ms. O'Donnell has been involved in various research and process improvement projects, and has served as a hedging specialist within the Group. Prior to joining SSGA, Ms. O'Donnell worked in State Street Corporation's Mutual Funds division in the US, as well as in Canada and Germany. She has been in the investment management field since she joined SSGA in 1995. Ms. O'Donnell holds a BS degree in Accounting from Lehigh University and an MBA degree in International Business from Bentley College. She is member of the CFA Institute and the Boston Security Analysts Society.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.34 24.01 6.87 0.71