Key stats
About SPDR S&P Regional Banking ETF
Issuer
State Street Corp.
Brand
SPDR
Expense ratio
0.35%
Home page
Inception date
Jun 19, 2006
Index tracked
S&P Regional Banks Select Industry
Management style
Passive
ISIN
US78464A6982
KRE covers the regional banks segment of the S&P Total Market Index, an index that tracks the broad US equity market. Companies that meet certain market-cap and liquidity requirements will be included in the funds final holdings. Selected securities are then equally-weighted, subject to liquidity constraints. Overall, KREs equal-weighting scheme reduces single stock risk in the smaller names and helps to draw further distinctions from peers with big positions in large-cap names. The funds holdings may change significantly at each quarterly rebalance.
Classification
Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Regional banks
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Committee
What's in the fund
Exposure type
Finance
Stock breakdown by region