- ISIN
- US78464A7899
- CUSIP
- 78464A789
- Issuer
- State Street
- Inception Date
- Nov 8, 2005
- Region
- North America (U.S.)
- Category
- Financials Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P Insurance Select Industry Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $452M
Share Price Chart
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Performance
KIE Performance Chart
SPDR S&P Insurance ETF (KIE) is down 2.3% since the beginning of the year. KIE is currently trading at $58 per share. Investors who bought $1,000 worth of KIE shares 5 years ago would now be looking at an investment worth $1,668.
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Returns By Period
SPDR S&P Insurance ETF (KIE) has returned -2.30% so far this year and 0.88% over the past 12 months. Over the last ten years, KIE has returned 11.80% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
SPDR S&P Insurance ETF
- 1D
- 0.42%
- 1M
- 1.48%
- YTD
- -2.30%
- 6M
- -3.66%
- 1Y
- 0.88%
- 3Y*
- 15.65%
- 5Y*
- 10.78%
- 10Y*
- 11.80%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
KIE Monthly Returns History
Based on dividend-adjusted daily data since Nov 15, 2005, KIE's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, an investment would double in approximately 7.1 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +22.0%, while the worst month was Oct 2008 at -31.3%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.
On a daily basis, KIE closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +18.9%, while the worst single day was Mar 16, 2020 at -13.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.84% | -0.53% | -4.90% | 4.24% | -3.79% | 5.99% | -2.30% | ||||||
| 2025 | 2.30% | 3.89% | 1.27% | -5.50% | 3.39% | 1.30% | -5.26% | 3.99% | 1.07% | -4.94% | 6.42% | 0.76% | 8.12% |
| 2024 | 5.04% | 4.69% | 5.11% | -6.70% | 5.31% | -2.25% | 8.85% | 4.13% | 0.78% | -1.27% | 10.60% | -8.31% | 26.95% |
| 2023 | 6.11% | -0.35% | -8.78% | 2.74% | -5.69% | 7.59% | 3.91% | 0.14% | 0.36% | 0.40% | 6.02% | 0.36% | 12.18% |
| 2022 | -0.94% | -0.10% | 5.60% | -7.33% | 2.88% | -5.07% | 0.61% | 0.03% | -4.61% | 14.38% | 3.05% | -3.29% | 3.48% |
| 2021 | -4.11% | 8.66% | 5.24% | 7.12% | 1.35% | -2.60% | -1.17% | 4.04% | -4.19% | 6.75% | -5.28% | 6.27% | 22.75% |
Benchmark Metrics
SPDR S&P Insurance ETF has an annualized alpha of -0.92%, beta of 1.13, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since November 15, 2005.
- This ETF participated in 106.43% of S&P 500 Index downside but only 100.74% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.13 and R2 of 0.68, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.92%
- Beta
- 1.13
- R²
- 0.68
- Upside Capture
- 100.74%
- Downside Capture
- 106.43%
Expense Ratio
KIE has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
KIE ranks 9 for risk / return — in the bottom 9% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SPDR S&P Insurance ETF (KIE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KIE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.98 | ||
| Sortino ratioReturn per unit of downside risk | -2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.37 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 2.78 | -2.71 |
| Martin ratioReturn relative to average drawdown | 0.18 | 12.44 | -12.26 |
Dividends
Dividend History
SPDR S&P Insurance ETF provided a 1.96% dividend yield over the last twelve months, with an annual payout of $1.14 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.14 | $0.95 | $0.84 | $0.66 | $0.78 | $0.79 | $0.62 | $0.62 | $0.52 | $0.48 | $0.43 | $0.38 |
Dividend yield | 1.96% | 1.57% | 1.48% | 1.45% | 1.90% | 1.95% | 1.85% | 1.76% | 1.83% | 1.56% | 1.55% | 1.65% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR S&P Insurance 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.21 | $0.49 | ||||||
| 2025 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.32 | $0.95 |
| 2024 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.30 | $0.84 |
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.22 | $0.66 |
| 2022 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.27 | $0.78 |
| 2021 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.22 | $0.79 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR S&P Insurance 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 Insurance ETF was 75.30%, occurring on Mar 9, 2009. Recovery took 1054 trading sessions.
The current SPDR S&P Insurance ETF drawdown is 3.71%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -75.30%Mar 2009 | 1y 9mo | 4y 2mo | 6yMay 2007 - May 2013 |
COVID crash2020 | -44.31%Mar 2020 | 1mo 4d | 11mo 22d | 1y 21dFeb 2020 - Mar 2021 |
Rate-hike selloffLate 2018 | -17.88%Dec 2018 | 3mo 1d | 3mo 23d | 6mo 24dSep 2018 - Apr 2019 |
Bear market2022 | -15.68%Sep 2022 | 6mo | 2mo | 8moMar 2022 - Nov 2022 |
2016 correction2016 | -15.22%Feb 2016 | 2mo 11d | 3mo 13d | 5mo 24dDec 2015 - May 2016 |
Drawdown Indicators
| KIE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.30% | -56.78% | -18.52% |
Max Drawdown (1Y)Largest decline over 1 year | -11.81% | -9.10% | -2.71% |
Max Drawdown (3Y)Largest decline over 3 years | -12.65% | -18.90% | +6.25% |
Max Drawdown (5Y)Largest decline over 5 years | -15.68% | -25.43% | +9.75% |
Max Drawdown (10Y)Largest decline over 10 years | -44.31% | -33.92% | -10.39% |
Current DrawdownCurrent decline from peak | -3.71% | -1.80% | -1.91% |
Average DrawdownAverage peak-to-trough decline | -12.03% | -10.71% | -1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.92% | 2.03% | +2.89% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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