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SPDR S&P Bank ETF (KBE)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US78464A7972

CUSIP

78464A797

Issuer

State Street

Inception Date

Nov 8, 2005

Region

North America (U.S.)

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

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. KBWR KBE vs. FNCL KBE vs. KBWP KBE vs. VOO KBE vs. ITOT KBE vs. QQQ
Popular comparisons:
KBE vs. KRE KBE vs. XLF KBE vs. KBWB KBE vs. IYF KBE vs. KBWR KBE vs. FNCL 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.


0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
33.02%
12.93%
KBE (SPDR S&P Bank ETF)
Benchmark (^GSPC)

Returns By Period

SPDR S&P Bank ETF had a return of 33.69% year-to-date (YTD) and 57.32% in the last 12 months. Over the past 10 years, SPDR S&P Bank ETF had an annualized return of 8.53%, while the S&P 500 had an annualized return of 11.16%, indicating that SPDR S&P Bank ETF did not perform as well as the benchmark.


KBE

YTD

33.69%

1M

10.56%

6M

33.02%

1Y

57.32%

5Y (annualized)

8.66%

10Y (annualized)

8.53%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.69%-0.80%6.78%-5.90%4.31%1.09%16.30%-0.17%-1.20%3.33%33.69%
20238.02%-1.05%-22.61%-1.19%-6.99%6.54%16.56%-6.91%-4.75%-4.15%14.24%14.90%5.32%
20220.86%2.89%-6.95%-10.11%4.55%-10.23%10.64%-1.79%-6.53%9.62%2.00%-7.95%-14.84%
20212.18%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%
201914.14%6.17%-7.27%8.91%-10.00%6.64%3.25%-8.53%6.04%2.25%4.71%3.06%29.78%
20186.02%-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%
20136.92%2.04%3.98%-1.97%7.35%1.78%8.77%-4.32%0.87%4.00%4.51%1.97%41.38%

Expense Ratio

KBE features an expense ratio of 0.35%, falling within the medium range.


Expense ratio chart for KBE: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of KBE is 69, 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.


The Risk-Adjusted Performance Rank of KBE is 6969
Combined Rank
The Sharpe Ratio Rank of KBE is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of KBE is 7474
Sortino Ratio Rank
The Omega Ratio Rank of KBE is 7070
Omega Ratio Rank
The Calmar Ratio Rank of KBE is 5959
Calmar Ratio Rank
The Martin Ratio Rank of KBE is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for KBE, currently valued at 2.18, compared to the broader market0.002.004.002.182.54
The chart of Sortino ratio for KBE, currently valued at 3.21, compared to the broader market-2.000.002.004.006.008.0010.0012.003.213.40
The chart of Omega ratio for KBE, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.391.47
The chart of Calmar ratio for KBE, currently valued at 1.86, compared to the broader market0.005.0010.0015.001.863.66
The chart of Martin ratio for KBE, currently valued at 13.22, compared to the broader market0.0020.0040.0060.0080.00100.0013.2216.26
KBE
^GSPC

The current SPDR S&P Bank ETF Sharpe ratio is 2.18. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of SPDR S&P Bank ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.18
2.54
KBE (SPDR S&P Bank ETF)
Benchmark (^GSPC)

Dividends

Dividend History

SPDR S&P Bank ETF provided a 2.17% dividend yield over the last twelve months, with an annual payout of $1.31 per share.


1.50%2.00%2.50%3.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.31$1.28$1.35$1.18$1.02$1.10$0.82$0.64$0.61$0.57$0.53$0.46

Dividend yield

2.17%2.78%2.99%2.16%2.44%2.33%2.18%1.35%1.39%1.69%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.31$0.00$0.00$0.33$0.00$0.00$0.33$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$0.27$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$0.23$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$0.61
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.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.52%
-0.88%
KBE (SPDR S&P Bank ETF)
Benchmark (^GSPC)

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 1.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-83.15%Feb 21, 2007515Mar 6, 20092203Dec 4, 20172718
-53.14%Mar 12, 2018512Mar 23, 2020227Feb 16, 2021739
-45.25%Jan 18, 2022326May 4, 2023365Oct 16, 2024691
-14.48%Jun 2, 202133Jul 19, 202158Oct 8, 202191
-10.31%Nov 24, 202118Dec 20, 202112Jan 6, 202230

Volatility

Volatility Chart

The current SPDR S&P Bank ETF volatility is 13.10%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
13.10%
3.96%
KBE (SPDR S&P Bank ETF)
Benchmark (^GSPC)