Skip to Content
ETFs

SPDR S&P Insurance ETF

KIE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 08 2005
Expense Ratio
0.35%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$50,982,861
AUM
$452,133,325
Associated Index
S&P Insurance Select Industry Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TRUP
Trupanion Inc
2.47%
RYAN
Ryan Specialty Holdings Inc - Ordinary Shares Class A
2.32%
AON
Aon plc. - Ordinary Shares - Class A
2.30%
FAF
First American Financial Corp
2.27%
MMC
Marsh & McLennan Cos., Inc.
2.26%
BRO
Brown & Brown, Inc.
2.24%
RNR
RenaissanceRe Holdings Ltd
2.22%
ERIE
Erie Indemnity Co. - Ordinary Shares - Class A
2.22%
ACGL
Arch Capital Group Ltd
2.22%
AJG
Arthur J. Gallagher & Co.
2.22%
Invest with KIE

What is KIE?

The SPDR KBW Insurance ETF before expenses seeks to closely match the returns and characteristics of the KBW Insurance Index (ticker: KIX).

ETFs related toKIE

ETFs correlated to KIE include IAK, KBWP, RYF

KIE
SPDR Series Trust - SPDR S&P Insurance ETF
IAK
BlackRock Institutional Trust Company N.A. - iShares U.S. Insurance ETF
KBWP
Invesco Capital Management LLC - Invesco KBW Property & Casualty Insurance ETF
RYF
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Financials ETF
VFH
Vanguard Group, Inc. - Vanguard Financials ETF
IYF
BlackRock Institutional Trust Company N.A. - iShares U.S. Financials ETF
FNCL
Fidelity Covington Trust - Fidelity MSCI Financials Index ETF
FXO
First Trust Exchange-Traded Fund III - First Trust Financials AlphaDEX Fund
FAS
Direxion Shares ETF Trust - Direxion Daily Financial Bull 3x Shares
XLF
SSgA Active Trust - Financial Select Sector SPDR
REGL
ProShares Trust - ProShares S&P MidCap 400 Div Aristocrats ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toKIE

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

Create your own algorithmic trading strategy with KIE using Composer

FAQ

KIE is a US Equities ETF. The SPDR KBW Insurance ETF before expenses seeks to closely match the returns and characteristics of the KBW Insurance Index (ticker: KIX).

KIE tracks the S&P Insurance Select Industry Index.

No, KIE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, KIE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KIE is -0.1244%. This is the percent change in the value of KIE over the most recent 1-month period. The 3-month return on KIE is -0.0729%. This is the percent change in the value of KIE over the most recent 3-month period.

The standard deviation of KIE for the past year is 0.2258%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KIE include XLY, XLE, and XLP.

ETFs correlated to KIE include IAK, KBWP, and RYF.

ETFs that are inversely correlated to KIE include FAZ, SEF, and SKF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.