State Street SPDR S&P Insurance ETF

Frequently Asked Questions About KIE

What does KIE invest in?

SPDR Series Trust - State Street SPDR S&P Insurance ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across financials, insurance sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the S&P Insurance Select Industry Index, by using representative sampling technique. SPDR Series Trust - State Street SPDR S&P Insurance ETF was formed on November 8, 2005 and is domiciled in the United States.

What is the expense ratio of KIE?

State Street SPDR S&P Insurance ETF (KIE) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KIE?

State Street SPDR S&P Insurance ETF (KIE) manages $502.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is KIE actively managed or an index fund?

KIE is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (KIE's is 0.35%) because there's no security selection cost.

When was KIE launched?

State Street SPDR S&P Insurance ETF (KIE) launched in November 2005 and is managed by SPDR.

How has KIE performed?

KIE's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.