State Street SPDR S&P Regional Banking ETF

Frequently Asked Questions About KRE

What does KRE invest in?

SPDR Series Trust - State Street SPDR S&P Regional Banking 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, banks, regional banks sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the S&P Regional Banks Select Industry Index, by using representative sampling technique. SPDR Series Trust - State Street SPDR S&P Regional Banking ETF was formed on June 19, 2006 and is domiciled in the United States.

What is the expense ratio of KRE?

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

How big is KRE?

State Street SPDR S&P Regional Banking ETF (KRE) manages $4.48B 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 KRE actively managed or an index fund?

KRE 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 (KRE's is 0.35%) because there's no security selection cost.

When was KRE launched?

State Street SPDR S&P Regional Banking ETF (KRE) launched in June 2006 and is managed by SPDR.

How has KRE performed?

KRE'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.