Key stats
About SPDR S&P Bank ETF
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Inception date
Nov 8, 2005
Structure
Open-Ended Fund
Replication method
Physical
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.90%
Finance99.90%
Bonds, Cash & Other0.10%
Mutual fund0.10%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KBE top holdings are Mr. Cooper Group, Inc. and Popular, Inc., occupying 1.37% and 1.24% of the portfolio correspondingly.
KBE last dividends amounted to 0.38 USD. The quarter before, the issuer paid 0.34 USD in dividends, which shows a 10.34% increase.
KBE assets under management is 1.45 B USD. It's risen 0.89% over the last month.
KBE fund flows account for −207.49 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.
Yes, KBE pays dividends to its holders with the dividend yield of 2.56%. The last dividend (Mar 26, 2025) amounted to 0.38 USD. The dividends are paid quarterly.
KBE shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Nov 8, 2005, and its management style is Passive.
KBE expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
KBE follows the S&P Banks Select Industry. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KBE invests in stocks.
KBE price has risen by 6.19% over the last month, and its yearly performance shows a 17.62% increase. See more dynamics on KBE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.85% over the last month, showed a −5.89% decrease in three-month performance and has increased by 19.99% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.85% over the last month, showed a −5.89% decrease in three-month performance and has increased by 19.99% in a year.
KBE trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.