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Launched · SEC filings

State Street SPDR S&P Regional Banking ETF

KRENYSE ArcaSPDRB

$72.88−0.85 (−1.15%)

At close: Nov 3, 2026, 4:00 PM ET

B67/ 100

Rank 1 of 9 in Banks

B67/100Rank 1 of 9inBanks
Intraday session: down, 79 prints from 73.73 to 72.88. Range 72.72 to 73.75. Use the arrow keys to read each point.73.0073.2073.4073.6010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$3.96B
1Y total return
+25.8%
Yield · Last 12 months
2.19%
Holdings
169
Avg volume · 30D
13.5M sh
52W range
low $58.20high $78.35
Launched
Filings
SEC EDGAR

The ETF.net KRE Grade

B

Score 67 out of 100

Category
Banks⁠
Rank
1 of 9
Six-pillar profile for KRE. Scores out of 100: Cost 62, Risk 41, Mission 36, Tradability 88, Holdings 85, Durability 80. Strongest: Tradability (88). Weakest: Mission (36). Leans toward Tradability and Holdings.

Score 67 of 100 falls in the B 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.
    B62 out of 100
    Rank 2 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    D36 out of 100
    Rank 2 of 2

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C41 out of 100
    Rank 7 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A88 out of 100
    Rank 1 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A85 out of 100
    Rank 2 of 9

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 1 of 9

Our read on KRE

ETF.net Research

In short

BThe regional-bank trade in one ticker. Since 2006 KRE has tracked a modified equal-weighted basket of US regional banks and thrifts, so a small-town lender can pull as much weight as a big multi-state one.

Stated mandate

The fund seeks to track, before fees and expenses, the total return of an index representing the regional banking segment of the U.S. banking industry.

Why people hold it

  • Modified equal weighting spreads roughly 160 banks and thrifts across large, mid and small caps, so no single lender dominates the basket.ssga.com
  • Among the most actively traded funds in its category, so getting in and out tends to be cheap even on noisy bank-headline days.
  • Running since 2006, it has traded through the 2008 crisis and the 2023 regional-bank stress, at 0.35% a year, matching its cohort's median fee.
  • Stays inside the regional banks sub-industry rather than blending in the money-center giants: a cleaner expression of the regional story than a broad bank fund.ssga.com

Worth knowing

  • Equal weighting gives smaller lenders the same pull as big ones, which can make the ride bumpier than a cap-weighted bank fund such as KBWB.
  • One country, one sub-industry: a rate shock, credit scare or deposit run tends to hit every holding at once.
  • Inside a competitive group of bank funds it lands in the lower half overall, with trading ease its clear strength. Distributions arrive quarterly.

KRE Holdings

Holdings pillarA85 out of 100Rank 2 of 9 in Banks
Asset class
Stocks
Holdings
169
Top-10 weight
12%
Largest holding
GBCI1.2%

Sectors

  • Financials100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 12.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1GBCIGlacier Bancorp Inc1.19%987,823$47.2M123
2UCBUnited Community Banks/Ga1.18%1,288,776$46.9M131
3OZKBank Ozk1.18%928,349$46.6M159
4TCBITexas Capital Bancshares Inc1.17%462,887$46.5M127
5EBCEastern Bankshares Inc1.16%2,082,173$46.1M117
6COLBColumbia Banking System Inc1.16%1,514,854$46M155
7UBSIUnited Bankshares Inc1.16%963,799$45.9M154
8VLYValley National Bancorp1.16%3,285,132$45.9M150
9EWBCEast West Bancorp Inc1.16%352,041$45.8M193
10FIBKFirst Interstate Bancsys A1.15%1,227,640$45.6M128
11PNFPPinnacle Financial Partners1.14%455,985$45.4M170
12WTFCWintrust Financial Corp1.14%300,231$45.3M166
13PBProsperity Bancshares Inc1.13%633,313$44.9M150
14HOMBHome Bancshares Inc1.13%1,519,943$44.7M131
15FULTFulton Financial Corp1.13%1,929,054$44.7M132

Showing 1–15 of 169 holdings

KRE Performance

Launched Jun 19, 2006

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

KRE$12,579
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. KRE $12,579. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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.

Trailing total return for KRE. Periods over one year show the average yearly return.
PeriodKRE
Year to date+15.7%
1 month+4.2%
3 months−2.5%
1 year+25.8%
3 yearsper year+23.8%
5 yearsper year+3.0%
10 yearsper year+8.3%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for KRE
YearReturn barKRE
2026 YTD+15.7%
2025+10.2%
2024+18.6%
2023−7.6%
2022−15.1%
2021+39.3%
2020−7.3%

KRE in the news

KRE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
2.19%Last 12 months
Payout per share
$1.61Last 12 months
Last payment
$0.41 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.17; Jun 16, 2017 $0.20; Sep 15, 2017 $0.21; Dec 15, 2017 $0.25; Mar 16, 2018 $0.20; Jun 15, 2018 $0.24; Sep 21, 2018 $0.29; Dec 21, 2018 $0.32; Mar 15, 2019 $0.26; Jun 21, 2019 $0.33; Sep 20, 2019 $0.33; Dec 20, 2019 $0.36; Mar 23, 2020 $0.34; Jun 22, 2020 $0.35; Sep 21, 2020 $0.36; Dec 21, 2020 $0.40; Mar 22, 2021 $0.34; Jun 21, 2021 $0.32; Sep 20, 2021 $0.34; Dec 20, 2021 $0.39; Mar 21, 2022 $0.34; Jun 21, 2022 $0.36; Sep 19, 2022 $0.37; Dec 19, 2022 $0.41; Mar 20, 2023 $0.36; Jun 20, 2023 $0.40; Sep 18, 2023 $0.38; Dec 18, 2023 $0.43; Mar 18, 2024 $0.38; Jun 24, 2024 $0.39; Sep 23, 2024 $0.38; Dec 23, 2024 $0.41; Mar 24, 2025 $0.38; Jun 23, 2025 $0.39; Sep 22, 2025 $0.40; Dec 22, 2025 $0.42; Mar 23, 2026 $0.36; Jun 22, 2026 $0.42; Sep 21, 2026 $0.41. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 23, 2026$0.41
Jun 22, 2026Jun 24, 2026$0.42
Mar 23, 2026Mar 25, 2026$0.36
Dec 22, 2025Dec 24, 2025$0.42
Sep 22, 2025Sep 24, 2025$0.40
Jun 23, 2025Jun 25, 2025$0.39
Mar 24, 2025Mar 26, 2025$0.38
Dec 23, 2024Dec 26, 2024$0.41
Sep 23, 2024Sep 25, 2024$0.38
Jun 24, 2024Jun 26, 2024$0.39
Mar 18, 2024Mar 21, 2024$0.38
Dec 18, 2023Dec 21, 2023$0.43

See all 80 payments⁠

$10,000 in KRE 10 years ago paid $3,164 in dividends.⁠

KRE Risk

Risk pillarC41 out of 100Rank 7 of 9 in Banks
How much the fund’s monthly returns vary, scaled to a year.
24.2%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.87
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−52.7%
Trough May 2023
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.

How strongly the fund’s returns move with its asset-class index.
0.96
vs its asset-class index
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.

KRE Cost

Compare KRE and PBEU

Overpaying vs PBEU, cheapest in Banks

$4,400

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • KRE 0.35%

    $7,126

  • PBEU 0.13% Cheapest

    $2,726

$10,000
30 years

Cost over time

  • KRE 0.35%
  • PBEU 0.13%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530KRE $7,126PBEU $2,726

Year by year

YearKREPBEUOverpaying
10$634$238$396
20$2,454$930$1,524
30$7,126$2,726$4,400

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