KRE 📈 SPDR S&P Regional Banking - Overview

The SPDR S&P Regional Banking ETF, listed on the NYSE ARCA under the ticker KRE, is designed to track the performance of the S&P Regional Banks Select Industry Index. This index is a subset of the broader S&P Total Market Index, specifically focusing on the regional banks segment. By employing a sampling strategy, the fund aims to replicate the performance of this index by investing in a representative sample of its constituents. This approach allows the fund to achieve its investment objective while minimizing costs and optimizing portfolio efficiency.

As a rule, the fund allocates substantially all, but at least 80%, of its total assets to the securities that make up the S&P Regional Banks Select Industry Index. This significant allocation ensures that the fund's performance closely mirrors that of the underlying index, providing investors with exposure to the regional banking sector. The S&P Regional Banks Select Industry Index is designed to measure the performance of regional banks, which are a critical component of the US financial system, providing essential banking services to individuals, businesses, and communities across the country.

From a structural perspective, the SPDR S&P Regional Banking ETF is a US-domiciled exchange-traded fund (ETF) with the ISIN US78464A6982. As an ETF, it offers investors the benefits of transparency, liquidity, and diversification, making it an attractive option for those seeking to gain exposure to the regional banking sector. The fund's category is classified as Financial, reflecting its focus on the banking industry. For more information about the fund, including its investment strategy, holdings, and performance, investors can visit the website of the fund's issuer at http://www.spdrs.com.