Key stats
About SPDR S&P Insurance ETF
Expense ratio
0.35%
Home page
Inception date
Nov 8, 2005
While KIE stays true to the definition of an insurance company, its selection universe and equal-weighting scheme narrows its stock universe to make a very different portfolio from the other funds in the segment. The fund underweights property and casualty insurance in favor of a large overweighting to reinsurance companies. It also reduces its concentration risk-- good news in a top-heavy sector. Overall, this fund is for those looking for unconventional exposure to the insurance sector.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.