SPDR S&P Bank ETFSPDR S&P Bank ETFSPDR S&P Bank ETF

SPDR S&P Bank ETF

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Key stats


Assets under management (AUM)
‪1.48 B‬USD
Fund flows (1Y)
‪−203.91 M‬USD
Dividend yield (indicated)
2.59%
Discount/Premium to NAV
0.0007%
Shares outstanding
‪27.00 M‬
Expense ratio
0.35%

About SPDR S&P Bank ETF


Brand
SPDR
Home page
Inception date
Nov 8, 2005
Structure
Open-Ended Fund
Index tracked
S&P Banks Select Industry
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
KBE tracks an equal-weighted index of US banking securities and will generally invest at least 80% of its total assets in such securities. The index represents the bank segment of the S&P Total Market Index and comprises the following sub-industries: Asset Management & Custody Banks, Diversified Banks, Regional Banks, Other Diversified Financial Services, and Thrifts & Mortgage Finance. The index is also equally-weighted at each quarterly rebalancing which puts giant banks on equal footing with smaller ones (at rebalance at least) and increases the emphasis on smaller firms on the whole. KBE fills a niche by providing exposure to a broad selection of banks in an equal-weighted wrapper.

Classification


Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Broad-based
Strategy
Equal
Geography
U.S.
Weighting scheme
Equal
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to KBE via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KBE trades at 52.85 USD today, its price has risen 0.08% in the past 24 hours. Track more dynamics on KBE price chart.
KBE net asset value is 52.89 today — it's risen 8.07% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
KBE assets under management is ‪1.48 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
KBE price has risen by 10.60% over the last month, and its yearly performance shows a 11.99% increase. See more dynamics on KBE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.07% over the last month, showed a −5.74% decrease in three-month performance and has increased by 14.31% in a year.
KBE fund flows account for ‪−206.55 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KBE invests in stocks. See more details in our Analysis section.
KBE expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, KBE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, KBE technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KBE shows the buy signal. See more of KBE technicals for a more comprehensive analysis.
Yes, KBE pays dividends to its holders with the dividend yield of 2.59%.
KBE trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
KBE shares are issued by State Street Corp.
KBE follows the S&P Banks Select Industry. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 8, 2005.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.