SPDR S&P Regional Banking ETF (KRE) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with KRE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KRE
KRE charges 0.35% annually. There are 6 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 49.47B | Dec 1998 | KRE vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.21B | Oct 2013 | KRE vs FNCL | |
| Vanguard Financials ETF | 0.10% | 13.70B | Jan 2004 | KRE vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | KRE vs GABF | |
| Portfolio Building Block European Banks Index ETF | 0.13% | 22.30M | Nov 2025 | KRE vs PBEU |
Best Risk-Adjusted Alternatives to KRE
KRE has a PortfoliosLab risk / return rank of 26. There are 8 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 68.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Global Systemically Important Banks ETF | 68 | 26.29M | Dec 2023 | KRE vs GSIB | |
| Invesco KBW Bank ETF | 45 | 5.32B | Nov 2011 | KRE vs KBWB | |
| Invesco Bloomberg Financial Data Providers ETF | 35 | 51.11M | Nov 2011 | KRE vs FDIQ | |
| iShares MSCI Europe Financials ETF | 32 | 3.64B | Jan 2010 | KRE vs EUFN | |
| First Trust NASDAQ ABA Community Bank Index Fund | 30 | 77.97M | Jun 2009 | KRE vs QABA |
Top Performing KRE Alternatives (YTD)
KRE is at 5.35% YTD. There are 4 ETFs in the Financials Equities category with higher YTD returns, going as high as 10.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust NASDAQ ABA Community Bank Index Fund | 10.82% | 77.97M | Jun 2009 | KRE vs QABA | |
| Invesco Bloomberg Financial Data Providers ETF | 10.79% | 51.11M | Nov 2011 | KRE vs FDIQ | |
| Themes Global Systemically Important Banks ETF | 9.75% | 26.29M | Dec 2023 | KRE vs GSIB | |
| Portfolio Building Block European Banks Index ETF | 8.86% | 22.30M | Nov 2025 | KRE vs PBEU | |
| Invesco S&P SmallCap Financials ETF | 4.89% | 24.48M | Apr 2010 | KRE vs PSCF |
Lowest Volatility Alternatives to KRE
KRE has 23.37% 1-year volatility. There are 37 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 7.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | 7.77% | 6.34M | Jul 2022 | KRE vs SPCZ | |
| iShares Global Financials ETF | 13.67% | 542.62M | Nov 2001 | KRE vs IXG | |
| iShares MSCI Kuwait ETF | 13.84% | 70.21M | Sep 2020 | KRE vs KWT | |
| iShares U.S. Financials ETF | 14.34% | 3.50B | May 2000 | KRE vs IYF | |
| State Street Financial Select Sector SPDR ETF | 14.41% | 49.47B | Dec 1998 | KRE vs XLF |
Lowest Drawdown Alternatives to KRE
KRE has a 1-year max drawdown of -14.95%. There are 20 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -3.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | -3.82% | 6.34M | Jul 2022 | KRE vs SPCZ | |
| iShares U.S. Insurance ETF | -7.62% | 359.47M | May 2006 | KRE vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 242.19M | Dec 2010 | KRE vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 24.48M | Apr 2010 | KRE vs PSCF | |
| Invesco Bloomberg Financial Data Providers ETF | -11.13% | 51.11M | Nov 2011 | KRE vs FDIQ |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $781B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 70 | 10.91% | 781.00B | Jan 1993 | KRE vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 32 | 2.92% | 150.37B | Nov 2004 | KRE vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 83 | 36.47% | 121.66B | Dec 1998 | KRE vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 57 | 13.75% | 53.61B | Sep 2000 | KRE vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 41 | 10.34% | 7.30B | Oct 2015 | KRE vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 63 | 32.17% | 38.95B | Dec 1998 | KRE vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 32 | 3.00% | 30.87B | Jun 2018 | KRE vs GLDM | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 70 | 10.98% | 146.68B | Nov 2005 | KRE vs SPYM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 19 | 3.11% | 22.40B | Dec 1998 | KRE vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.49% | 45.99B | May 2007 | KRE vs BIL |
Often Compared With KRE
Investors most often compare KRE with KBE, DPST, IAT. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare KRE with Any Fund or Stock
Compare KRE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KRE with funds that move differently
SPDR S&P Regional Banking ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KRE.
Explore KRE Diversifiers