Deep Dive
Financials drop 2.4% after the Fed's first hike since 2023 and a Bank of America fee warning
State Street SPDR S&P Insurance ETF
$64.86+1.16 (+1.82%)
- 0.35%
- $516M
- +14.9%
- 1.56%
- 1.19M sh
- low $53.45high $66.53
The ETF.net KIE Grade
A
Score 72 out of 100
- 3 of 18
Score 72 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A74 out of 100Rank 5 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.A74 out of 100Rank 9 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 5 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A82 out of 100Rank 2 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 4 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C53 out of 100Rank 10 of 18
Our read on KIE
In short
AMost financial-sector funds are banks with a side of insurance. KIE flips it: roughly 50 insurance stocks and nothing else, running since 2005 at a price below the typical broad-financials fund.
Stated mandate
The fund seeks to track, before fees and expenses, the total return performance of the S&P Insurance Select Industry Index.
Why people hold it
Worth knowing
KIE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
KIE$11,489
Returns run to the Oct 30, 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 | KIE |
|---|---|
| Year to date | +7.2% |
| 1 month | +8.9% |
| 3 months | −0.5% |
| 1 year | +14.9% |
| 3 years | +16.1% |
| 5 years | +11.4% |
| 10 years | +11.9% |
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 | KIE |
|---|---|---|
| 2026 YTD | +7.2% | |
| 2025 | +8.1% | |
| 2024 | +26.9% | |
| 2023 | +12.2% | |
| 2022 | +3.5% | |
| 2021 | +22.8% | |
| 2020 | −3.0% |
KIE in the news
KIE Dividends
- 1.56%
- $0.99
- $0.18 per share
- Quarterly
KIE Risk
- 17.8%
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.
- 0.68
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.
- −15.7%
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.
- 0.46
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
KIE Cost
Overpaying vs XLF, cheapest in Financials (Broad)
$5,437
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
KIE 0.35%
$7,126
XLF 0.08% Cheapest
$1,689
Cost over time
Year by year
| Year | KIE | XLF | Overpaying |
|---|---|---|---|
| 10 | $634 | $147 | $487 |
| 20 | $2,454 | $575 | $1,879 |
| 30 | $7,126 | $1,689 | $5,437 |
Other funds in Financials (Broad)
- AXLFState Street Financial Select Sector SPDR ETFExpense ratio 0.08%1 year return +9.6%
- AFNCLFidelity MSCI Financials Index ETFExpense ratio 0.08%1 year return +9.6%
- BVFHVanguard Financials ETFExpense ratio 0.09%1 year return +9.6%
- BIXGiShares Global Financials ETFExpense ratio 0.38%1 year return +15.6%
- BIYFiShares U.S. Financials ETFExpense ratio 0.37%1 year return +8.5%
