SPDR S&P Regional Banking ETF (KRE)

The KBW Bank Index, developed by financial sector specialist investment bank Keefe, Bruyette and Woods, includes 24 banking stocks. The stocks represent large U.S. national money center banks.

Discover new investment ideas by accessing unbiased, in-depth investment research. Search Now you can search stock related news and private companies such as Airbnb. In this role, she worked on automating business processes and designing and implementing global investment management applications. Also known as Standardized Yield An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent day period by the current maximum offering price.

Daily Holdings

The objective of the SPDR® KBW Regional Banking™ ETF† is to replicate as closely as possible, before expenses, the total return performance of the KBW Regional Banking Index(SM) (ticker: KRX). Our approach is designed to produce portfolios with low portfolio turnover, accurate tracking, and lower costs. Ordinary brokerage.

As of December 31, If these expenses were included, the expense ratio would be higher. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds website at direxioninvestments.

Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. ETF market prices are the prices at which investors buy or sell shares of an ETF in the secondary market. Liquidity, transparency, real-time trading, and relatively low management fees are the reason why ETFs are becoming more and more popular.

Learn about the four key characteristics that investors should better understand in order to trade them properly. Direxion Funds Risks — An investment in the Funds involves risk, including the possible loss of principal. Active and frequent trading associated with a regular rebalance of a fund can cause the price to fluctuate, therefore impacting its performance compared to other investment vehicles.

For other risks including correlation, compounding, market volatility and specific risks regarding each sector, please read the prospectus. This Website is not directed to the general public in Hong Kong. Information herein is not intended for Professional Investors in any jurisdiction in which distribution or purchase is not authorized. Based on the underlying holdings of the fund. The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund.

Negative and positive outliers are included in the calculation. Also known as Standardized Yield An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent day period by the current maximum offering price.

The sum of the most recent 12 dividends within the past days divided by Net Asset Value per share, expressed as a percentage. The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage. Get a deeper view of how an ETF's allocation to different sectors, countries and market capitalizations may impact its performance.

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index. The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated.

If you trade your shares at another time, your return may differ. The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding. ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs.

They are listed on major US Stock Exchanges. ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance. In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund.

Please see the prospectus for more details. After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.

Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as k plans or individual retirement accounts. As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines. This group created and managed portfolios that were designed to meet the short-term market exposure needs of our institutional clients.

He began his career at State Street within the Global Services division in He also serves as a senior portfolio manager for a number of the group's passive equity portfolios. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios.

He joined SSGA in Within this team, Payal is responsible for the management of several commingled funds, mutual funds, separately managed accounts, and ETFs that are benchmarked to US domestic, international developed and emerging market indices.

In this role, she worked on automating business processes and designing and implementing global investment management applications.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as k plans or individual retiredment accounts.