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ETFs

SPDR S&P Regional Banking ETF

KRE
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 19, 2006
Expense Ratio
0.35%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$531,967,583
AUM
$2,668,124,764
Associated Index
S&P Regional Banks Select Industry Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MTB
M & T Bank Corp
3.35%
ZION
Zions Bancorporation N.A
3.2%
CFG
Citizens Financial Group Inc
3.18%
RF
Regions Financial Corp.
3.12%
HBAN
Huntington Bancshares, Inc.
3.11%
TFC
Truist Financial Corporation
3.09%
FHN
First Horizon Corporation
3.08%
WAL
Western Alliance Bancorp
3.08%
NYCB
New York Community Bancorp Inc.
3.07%
EWBC
East West Bancorp, Inc.
2.6%
Invest with KRE
Trade KRE Options

What is KRE?

The SPDR S&P Regional Banking ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Regional Banks Select Industry Index. The S&P Regional Banks Select Industry Index is a modified equal-weighted index that seeks to reflect the performance of publicly traded companies that do business as regional banks or thrifts. The Regional Banking Index is currently comprised of common stocks of leading regional banks or thrifts listed on the NYSE or another U.S. national securities exchange, or NASDAQ/NMS. The Regional Banking Index components are selected to provide appropriate representation of the industrys sub-sectors.

1M
3M
6M
YTD
1Y
3Y
Max
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KRE
Performance Measures**

for the time period Jun 22, 2006 to Dec 4, 2025

Returns

1M Trailing Return: 8.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -1.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -69.1%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 33.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.28

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.06

The annualized return divided by the max drawdown for the selected time period.

ETFs related toKRE

ETFs correlated to KRE include DPST, KBE, IAT

KRE
SPDR Series Trust - SPDR S&P Regional Banking ETF
DPST
Direxion Shares ETF Trust - Direxion Daily Regional Banks Bull 3X Shares
KBE
SPDR Series Trust - SPDR S&P Bank ETF
IAT
BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks ETF
KBWB
Invesco Capital Management LLC - Invesco KBW Bank ETF
FXO
First Trust Exchange-Traded Fund III - First Trust Financials AlphaDEX Fund
BSVO
EA Series Trust - EA Bridgeway Omni Small-Cap Value ETF
BNKU
Bank of Montreal - MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs
XSLV
Invesco Capital Management LLC - Invesco S&P SmallCap Low Volatility ETF
VFH
Vanguard Group, Inc. - Vanguard Financials ETF
DFSV
Dimensional ETF Trust - Dimensional US Small Cap Value 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.

Trading Strategies
Related toKRE

CounterBalancer - LowMed R/R LBT

Category

Tactical asset allocation, risk-on/risk-off, leveraged ETFs, momentum, mean reversion, bonds vs stocks, volatility hedges

OOS Cumulative Return

345.86%

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

94.76%

Create your own algorithmic trading strategy with KRE using Composer

FAQ

KRE is a US Equities ETF. The SPDR S&P Regional Banking ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Regional Banks Select Industry Index. The S&P Regional Banks Select Industry Index is a modified equal-weighted index that seeks to reflect the performance of publicly traded companies that do business as regional banks or thrifts. The Regional Banking Index is currently comprised of common stocks of leading regional banks or thrifts listed on the NYSE or another U.S. national securities exchange, or NASDAQ/NMS. The Regional Banking Index components are selected to provide appropriate representation of the industrys sub-sectors.

KRE tracks the S&P Regional Banks Select Industry Index.

No, KRE 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, KRE 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 KRE is -0.0416%. This is the percent change in the value of KRE over the most recent 1-month period. The 3-month return on KRE is 0.0507%. This is the percent change in the value of KRE over the most recent 3-month period.

The standard deviation of KRE for the past year is 0.3599%. 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 KRE include XLI, XLY, and XLV.

ETFs correlated to KRE include DPST, KBE, and IAT.

ETFs that are inversely correlated to KRE include BNKD, FAZ, and RWM.

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.