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 ETF that tracks the performance of regional banking companies in the United States. Issued by State Street Investment Management, KRE is one of the larger ETFs in its category, with an AUM of $4.40B, ranking it as the 296th largest out of 458 tracked ETFs. The fund has an overall grade of C, reflecting a score of 56.2/100. With an expense ratio of 0.35%, KRE is relatively cost-effective, and its dividend yield of 2.10% provides a modest income stream for investors. The ETF's price of $74.86 and substantial AUM suggest strong investor adoption, indicating that it is a popular choice among those seeking exposure to the regional banking sector.

Over the past year, the State Street SPDR S&P Regional Banking ETF (KRE) has delivered a strong performance, with a return of 23.59%. This is followed by a 3-year return of 83.97%, indicating a consistent upward trend. However, the 1-month return of -0.39% and the 1-week return of -3.94% suggest some short-term volatility. The 1-day return of +0.20% further supports this pattern, showing that the fund can experience significant daily fluctuations. The 3-month return of +8.80% and the 6-month return of +5.33% indicate that the fund has been performing well over the intermediate term, but the YTD return of +16.09% shows a slight deceleration from the 1-year performance. This pattern suggests that while the fund has shown strong growth, it may be more susceptible to short-term market fluctuations.

The State Street SPDR S&P Regional Banking ETF (KRE) is labeled as having high volatility, which is reflected in its beta of 1.11, indicating that it is more sensitive to market movements than the broader market. The Sharpe ratio of 0.82 suggests that the fund provides a reasonable risk-adjusted return, meaning that the returns are adequate relative to the level of risk taken. The maximum drawdown of -28.20% indicates that the fund has experienced a significant decline in value, which could be concerning for risk-averse investors. However, the combination of high beta and a Sharpe ratio above 0.5 generally implies that the fund is suitable for investors who are willing to accept higher risk for the potential of higher returns. In up markets, KRE is likely to outperform the broader market, but in down markets, it may experience larger losses, making it important for investors to consider their risk tolerance before investing.

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: 4.69% (as of 2026-08-20) — 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): 16.01 (as of 2026-08-20) — 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 2026-07-01) — 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 0.56% and average daily volume is 13.9M/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 $4.40B 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