KRE — State Street SPDR S&P Regional Banking ETF

KRE Price Performance — Growth of $10,000

Value of a $10,000 investment in KRE over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

KRE Drawdown

The "underwater" chart: KRE's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The State Street SPDR S&P Regional Banking ETF (KRE) is a Financial category fund managed by State Street Investment Management with $4.74 billion in assets under management. It currently holds an overall rank of #194 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 62.8 out of 100. The fund charges an expense ratio of 0.35% while offering a dividend yield of 2.14%. Trading at a price of $76.79, the fund's substantial asset base suggests significant investor adoption within the sector. This ranking places it in the middle tier relative to the 9 ETFs ETFValuer tracks in the Financial category. The combination of its size and grade indicates a well-established vehicle that has not yet achieved top-tier performance ratings. Investors in this fund are accessing a large-cap regional banking exposure with a moderate cost structure.

KRE has demonstrated a strong upward trajectory across most measured time horizons, starting with a 1-day return of +1.68% and a 1-week gain of +1.07%. Monthly performance accelerated to +2.16% over the last month, followed by a robust 3-month return of +10.23%. The fund continued its momentum with a 6-month return of +14.36% and a year-to-date gain of +19.08%. Annual performance showed significant strength with a 1-year return of +27.01%, while the 3-year return reached +74.19%. This pattern indicates consistent growth that has accelerated over the longer term rather than decelerating. The data shows a clear divergence where short-term gains have compounded into substantial multi-year appreciation.

The fund carries a High volatility label and a beta of 1.18, indicating that its price movements tend to be more pronounced than the broader market. A Sharpe ratio of 0.96 suggests the fund has generated a moderate amount of excess return per unit of risk taken over the measured period. However, the maximum drawdown of -28.20% highlights the potential for significant temporary losses during market downturns. This combination of high beta and deep drawdown implies the fund experiences amplified swings in both up and down markets. Investors should expect periods of elevated price fluctuation that exceed the average volatility of the general market. The risk profile reflects the inherent sensitivity of regional banking stocks to economic cycles and interest rate changes.

AI-generated summary based on the data on this page.

KRE Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 15.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how KRE's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With KRE

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with KRE's top 10 — KBE overlaps most, holding 2 of the same companies as KRE's top 10 (3.1% of KRE's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

KRE Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 14.4M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $4.74B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: KRE is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

KRE Performance History

How KRE Compares to Other Financial ETFs