KBEState Street SPDR S&P Bank ETF

Grow my money20y track recordRanked #246 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the total return performance of an index tracking national money centers and banks.

By State Street Investment Management · Launched 2005

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$1.4B

#940 of 5,562 · large

Return (1Y)Goal

+28.6%

Track Record

20 years

#254 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,855+28.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Sector

Financials

Index tracked

S&P Banks Select Industry Index

What it actually holds

By weight

Concentration

Top 10 holdings = 13.0% of fund✓ well diversified

State Street Global Advisors

3.3%

Citigroup Inc

1.1%

First Citizens BancShares Inc/NC

1.1%

JPMorgan Chase & Co

1.1%

NMI Holdings Inc

1.1%

Popular Inc

1.1%

Jackson Financial Inc

1.1%

Voya Financial Inc

1.1%

Wells Fargo & Co

1.1%

Essent Group Ltd

1.1%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Financial Services

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

21.6%High

Year-on-year price swings

Max drawdown

-53.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.81Decent risk-adjusted returns

Sortino (3Y)

1.22Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond generally to the total return performance of an index tracking national money centers and banks.
Strategy: Employs a sampling strategy to track the S&P Banks Select Industry Index, investing at least 80% of assets in its securities. May also invest in cash equivalents for management purposes.
Inception date: November 8, 2005
Fund family: State Street Investment Management