SPDR S&P Regional Banking ETF (KRE)

quarterly-dividends regional-banks

A fund that provides exposure to the regional banking segment of the U.S. financial sector. It tracks the S&P Regional Banks Select Industry Index. KRE has an expense ratio of 0.35% and pays dividends quarterly. The fund employs an equal-weight methodology, giving similar importance to each holding regardless of market capitalization. This approach differentiates KRE from market-cap weighted alternatives, potentially offering more balanced exposure across the regional banking landscape. The ETF typically holds around 140 stocks, focusing on small and mid-size regional banks rather than large national institutions. This concentration on regional players makes KRE a more targeted play on local economic conditions and the health of smaller banking operations within the broader financial sector.