KIEState Street SPDR S&P Insurance ETF

Grow my money20y track recordRanked #338 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the total return performance of an index that tracks the insurance industry.

By State Street Investment Management · Launched 2005

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$450M

#1,655 of 5,562 · large

Return (1Y)Goal

+2.5%

Track Record

20 years

#254 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$9,715-2.8%

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 Insurance Select Industry Index

What it actually holds

By weight

Concentration

Top 10 holdings = 19.5% of fund✓ well diversified

Palomar Holdings Inc

2.1%

Assurant Inc

2.0%

Baldwin Insurance Group Inc/The

1.9%

Skyward Specialty Insurance Group Inc

1.9%

Arthur J Gallagher & Co

1.9%

Everest Group Ltd

1.9%

Axis Capital Holdings Ltd

1.9%

Selective Insurance Group Inc

1.9%

RenaissanceRe Holdings Ltd

1.9%

Hartford Insurance Group Inc/The

1.9%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Financial Services

96.9%

Healthcare

3.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

16.3%Moderate

Year-on-year price swings

Max drawdown

-44.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.70Decent risk-adjusted returns

Sortino (3Y)

0.98Moderate downside risk

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 that tracks the insurance industry.
Strategy: Employs a sampling strategy to track the S&P Insurance Select Industry Index, investing at least 80% of assets in its securities. The Fund may also invest in cash equivalents and may use futures contracts to manage cash flows and seek performance corresponding to the Index.
Inception date: November 8, 2005
Fund family: State Street Investment Management