KCE
Grades compare a fund with genuinely similar funds. This fund's comparison group currently has too few members for a fair comparison, so no letter is published.New York Stock Exchange ArcaState Street SPDR S&P Capital Markets ETF
$157.99−0.03 (−0.02%)
- Expense ratio
- 0.35%
- Fund size
- $530M
- 1Y return
- +3.1%
- Yield · Last 12 months
- 1.70%
- Holdings
- 67
- Volume · 30D
- 0M sh
- NAV per share
- $160.52
- 52W range
Our read on KCE
Wall Street's own business in one ticker: exchanges, brokers, investment banks and asset managers. KCE weights them modified-equal, so a regional broker carries meaningful heft next to a bulge-bracket giant.
The fund seeks to track the total return of the S&P Capital Markets Select Industry Index before fees and expenses. It targets the capital-markets segment of the S&P TMI through modified equal weighting across large-, mid-, and small-cap stocks.
Why people hold it
- Modified equal weighting spreads the money across large-, mid- and small-cap names, so smaller brokers and exchanges get real airtime instead of sitting as rounding errors.ssga.com
- At 0.35% a year it runs under the 0.45% median for its index-tracking peer group, lean for a targeted industry slice.
- Trading since 2005, it carries a long record for a niche industry fund, spanning the financial crisis and every cycle since.
- Roughly 60 stocks, rebalanced on published index rules rather than a manager's hunch, with cash paid out quarterly.
Worth knowing
- One industry, one engine. These businesses live on trading volumes, deal flow and market activity, so swings run hotter than a broad financials fund's.
- Equal weighting cuts both ways: a small broker's stumble lands with roughly the same weight as a giant's, and the portfolio tilts smaller than cap-weighted financials.
- Volume is light next to broad-market ETFs, so bid-ask spreads can widen, which matters most on larger orders.
KCE Holdings
- Stocks
- 67
- 17%
- COIN
Sectors
- Financials96.0%
- Technology2.7%
- Cons. Staples1.3%
Geography
- United States100.00%
KCE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
KCE$10,314
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | KCE |
|---|---|
| Year to date | +6.8% |
| 1 month | −6.5% |
| 3 months | +2.9% |
| 1 year | +3.1% |
| 3 years | +24.2% |
| 5 years | +12.8% |
| 10 years | +16.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | KCE |
|---|---|---|
| 2026 YTD | +6.8% | |
| 2025 | +10.7% | |
| 2024 | +37.5% | |
| 2023 | +32.0% | |
| 2022 | −22.1% | |
| 2021 | +40.1% | |
| 2020 | +30.9% |
KCE in the news
KCE Dividends
- 1.70%
- $2.69
- $0.55 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 23, 2026 | $0.55 |
| Jun 22, 2026 | Jun 24, 2026 | $0.70 |
| Mar 23, 2026 | Mar 25, 2026 | $0.72 |
| Dec 22, 2025 | Dec 24, 2025 | $0.73 |
| Sep 22, 2025 | Sep 24, 2025 | $0.54 |
| Jun 23, 2025 | Jun 25, 2025 | $0.60 |
| Mar 24, 2025 | Mar 26, 2025 | $0.58 |
| Dec 23, 2024 | Dec 26, 2024 | $0.54 |
| Sep 23, 2024 | Sep 25, 2024 | $0.55 |
| Jun 24, 2024 | Jun 26, 2024 | $0.51 |
| Mar 18, 2024 | Mar 21, 2024 | $0.56 |
| Dec 18, 2023 | Dec 21, 2023 | $0.63 |
KCE Risk
- 20.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.02
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −34.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KCE Cost
- 0.35%