SPDR S&P Bank ETF (KBE)
KBE is a passive ETF by State Street tracking the investment results of the S&P Banks Select Industry Index. KBE launched on Nov 8, 2005 and has a 0.35% expense ratio.
ETF Info
| ISIN | US78464A7972 |
|---|---|
| CUSIP | 78464A797 |
| Issuer | State Street |
| Inception Date | Nov 8, 2005 |
| Region | North America (U.S.) |
| Category | Financials Equities |
| Leveraged | 1x |
| Index Tracked | S&P Banks Select Industry Index |
| Home Page | www.ssga.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Value |
Expense Ratio
KBE features an expense ratio of 0.35%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: KBE vs. KRE, KBE vs. XLF, KBE vs. KBWB, KBE vs. IYF, KBE vs. FNCL, KBE vs. KBWR, KBE vs. KBWP, KBE vs. VOO, KBE vs. ITOT, KBE vs. QQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR S&P Bank ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR S&P Bank ETF had a return of 20.23% year-to-date (YTD) and 44.98% in the last 12 months. Over the past 10 years, SPDR S&P Bank ETF had an annualized return of 7.49%, while the S&P 500 had an annualized return of 10.96%, indicating that SPDR S&P Bank ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 20.23% | 20.10% |
| 1 month | 3.55% | -0.39% |
| 6 months | 18.44% | 11.72% |
| 1 year | 44.98% | 31.44% |
| 5 years (annualized) | 6.24% | 13.30% |
| 10 years (annualized) | 7.49% | 10.96% |
Monthly Returns
The table below presents the monthly returns of KBE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.69% | -0.80% | 6.78% | -5.90% | 4.31% | 1.09% | 16.30% | -0.17% | -1.20% | 3.33% | 20.23% | ||
| 2023 | 8.02% | -1.05% | -22.61% | -1.19% | -6.99% | 6.54% | 16.56% | -6.91% | -4.75% | -4.15% | 14.24% | 14.90% | 5.32% |
| 2022 | 0.86% | 2.89% | -6.95% | -10.11% | 4.55% | -10.23% | 10.64% | -1.79% | -6.53% | 9.62% | 2.00% | -7.95% | -14.84% |
| 2021 | 2.18% | 16.38% | 4.95% | 3.37% | 2.52% | -6.20% | -3.62% | 5.40% | 2.02% | 4.59% | -3.02% | 2.35% | 33.46% |
| 2020 | -6.56% | -12.31% | -29.98% | 16.14% | 0.45% | 1.15% | -1.49% | 2.64% | -6.81% | 12.56% | 16.50% | 9.08% | -8.75% |
| 2019 | 14.14% | 6.17% | -7.27% | 8.91% | -10.00% | 6.64% | 3.25% | -8.53% | 6.04% | 2.25% | 4.71% | 3.06% | 29.78% |
| 2018 | 6.02% | -1.75% | -2.57% | 0.15% | 1.63% | -2.91% | 2.42% | 2.32% | -5.33% | -7.97% | 3.45% | -15.16% | -19.65% |
| 2017 | -0.07% | 3.89% | -4.53% | -0.84% | -3.50% | 6.18% | -0.41% | -3.74% | 8.51% | 1.15% | 4.03% | 0.23% | 10.49% |
| 2016 | -12.60% | -4.19% | 7.68% | 6.85% | 3.05% | -8.42% | 4.43% | 7.29% | -1.82% | 3.86% | 18.69% | 6.08% | 30.80% |
| 2015 | -9.60% | 9.10% | 1.62% | 1.19% | 2.89% | 4.32% | -0.36% | -6.45% | -1.24% | 3.76% | 5.48% | -6.56% | 2.50% |
| 2014 | -3.80% | 3.42% | 3.47% | -5.82% | -0.41% | 5.07% | -4.37% | 2.10% | -1.82% | 3.60% | 0.27% | 1.71% | 2.76% |
| 2013 | 6.92% | 2.04% | 3.98% | -1.97% | 7.35% | 1.78% | 8.77% | -4.32% | 0.87% | 4.00% | 4.51% | 1.97% | 41.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of KBE is 64, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR S&P Bank ETF (KBE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR S&P Bank ETF provided a 2.41% dividend yield over the last twelve months, with an annual payout of $1.31 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.31 | $1.28 | $1.35 | $1.18 | $1.02 | $1.10 | $0.82 | $0.64 | $0.60 | $0.57 | $0.53 | $0.46 |
Dividend yield | 2.41% | 2.78% | 2.99% | 2.16% | 2.44% | 2.33% | 2.18% | 1.36% | 1.39% | 1.70% | 1.59% | 1.37% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR S&P Bank ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.97 | |
| 2023 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.34 | $1.28 |
| 2022 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.42 | $1.35 |
| 2021 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.36 | $1.18 |
| 2020 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.30 | $1.02 |
| 2019 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.33 | $1.10 |
| 2018 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.26 | $0.82 |
| 2017 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.21 | $0.64 |
| 2016 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.60 |
| 2015 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.18 | $0.57 |
| 2014 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.17 | $0.53 |
| 2013 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.46 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR S&P Bank ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR S&P Bank ETF was 83.15%, occurring on Mar 6, 2009. Recovery took 2203 trading sessions.
The current SPDR S&P Bank ETF drawdown is 3.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -83.15% | Feb 21, 2007 | 515 | Mar 6, 2009 | 2203 | Dec 4, 2017 | 2718 |
| -53.14% | Mar 12, 2018 | 512 | Mar 23, 2020 | 227 | Feb 16, 2021 | 739 |
| -45.25% | Jan 18, 2022 | 326 | May 4, 2023 | 365 | Oct 16, 2024 | 691 |
| -14.48% | Jun 2, 2021 | 33 | Jul 19, 2021 | 58 | Oct 8, 2021 | 91 |
| -10.31% | Nov 24, 2021 | 18 | Dec 20, 2021 | 12 | Jan 6, 2022 | 30 |
Volatility
Volatility Chart
The current SPDR S&P Bank ETF volatility is 6.68%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.