SPDR S&P Regional Banking ETF (KRE) Performance
KRE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.8% since Dec 31, 2025
- 1 year
- +23.3% total return
- 5 years
- +2.7% a year
- 10 years
- +8.0% a year
- Since first price
- +4.6% a year since 2006
KRE trailing returns vs SPY, QQQ, AGG
| Period | KRE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.0% | +3.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.0% | −3.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.7% | +3.5% | +7.8% | +8.4% | −1.5% |
| YTD | +13.8% | +11.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +23.3% | +20.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +101.8%+26.4%/yr | +86.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +14.2%+2.7%/yr | −0.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +115.5%+8.0%/yr | +67.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +344.7%+10.5%/yr | +216.3% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +140.6%+4.5%/yr | +48.2% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJun 22, 2006 | +147.7%+4.6%/yr | +51.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: KRE vs SPY
From Jun 22, 2006: KRE grew to $24,767, SPY to $88,403.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
KRE returns by calendar year
11 of 19 full years positive. Best 2013 (+47.5%), worst 2007 (−21.9%). 2026 is year to date.
KRE annual returns table
| Year | KRE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.8% | −15.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.2% | −25.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.6% | −13.3% | +24.9% | +25.6% | +1.3% |
| 2023 | −7.6% | −43.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −15.1% | −27.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +39.3% | −15.6% | +28.7% | +27.4% | −1.8% |
| 2020 | −7.4% | −51.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.4% | −14.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −19.0% | −31.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +7.5% | −15.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +35.0% | −19.6% | +12.0% | +7.1% | +2.4% |
| 2015 | +4.9% | −15.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +1.8% | −14.2% | +13.5% | +19.2% | +6.0% |
| 2013 | +47.5% | −6.6% | +32.3% | +36.6% | −2.0% |
| 2012 | +16.9% | −14.3% | +16.0% | +18.1% | +3.8% |
| 2011 | −6.0% | −31.7% | +1.9% | +3.4% | +7.7% |
| 2010 | +20.7% | −29.2% | +15.1% | +19.9% | +6.4% |
| 2009 | −21.9% | −49.6% | +26.4% | +54.7% | +3.0% |
| 2008 | −18.6% | −42.1% | −36.8% | −41.7% | +7.9% |
| 2007 | −21.9% | −25.7% | +5.1% | +19.0% | +6.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
KRE largest drawdowns
Now 6.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2007 | −68.5% | Mar 9, 2009 | Apr 15, 2015 | 2.0 years | 8.1 years |
| Jun 8, 2018 | −55.0% | Mar 23, 2020 | Feb 9, 2021 | 1.8 years | 2.7 years |
| Jan 14, 2022 | −52.7% | May 4, 2023 | Feb 3, 2026 | 1.3 years | 4.1 years |
| Nov 6, 2015 | −28.0% | Feb 11, 2016 | Nov 9, 2016 | 3 months | 1.0 years |
| Mar 1, 2017 | −15.9% | Sep 7, 2017 | Nov 29, 2017 | 6 months | 9 months |
| Jun 1, 2021 | −15.6% | Jul 19, 2021 | Oct 8, 2021 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
KRE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +21.7% | +3.3% | +7.8% | +4.3% |
| Volatility (annualized) | 24.5% | 27.9% | 28.6% | 26.3% |
| Sharpe ratio | 0.75 | 0.13 | 0.33 | 0.25 |
| Sortino ratio | 1.50 | 0.19 | 0.48 | 0.35 |
| Best month | +18.7% | +19.3% | +19.7% | +21.5% |
| Worst month | −10.3% | −28.2% | −30.6% | −30.6% |
| Best 12 months | +54.9% | +54.9% | +110.0% | +110.0% |
| Worst 12 months | −4.5% | −37.7% | −37.7% | −45.0% |
| Positive months | 53% | 50% | 56% | 56% |
| Beta vs S&P 500 | 1.04 | 0.87 | 1.12 | — |
| Correlation with S&P 500 | 0.53 | 0.49 | 0.60 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
KRE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 233 | −45.0% | +7.0% | +110.0% | 63% |
| 3-year (a year) | 209 | −24.8% | +8.3% | +27.4% | 73% |
| 5-year (a year) | 185 | −14.5% | +7.7% | +20.0% | 81% |
| 10-year (a year) | 125 | +0.1% | +7.8% | +15.7% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
KRE performance overview
SPDR S&P Regional Banking ETF (KRE) returned +23.3% over the past year and +8.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +4.6% a year, turning $10,000 into about $24,767. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −68.5%, from Feb 20, 2007 to Mar 9, 2009, and it took 6.1 years to get back to the old high. KRE finished 11 of its 19 full calendar years with a gain; the best year was 2013 (+47.5%) and the worst 2007 (−21.9%). Volatility has been 26.3% a year.
Related: KRE chart, KRE holdings, KRE dividends, KRE valuation. See the KRE overview for the latest quote and fund facts.
KRE performance FAQ
What is the KRE return over the past year?
KRE returned +23.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.4%.
What is the average annual return of KRE?
KRE has returned +2.7% a year over 5 years, +8.0% a year over 10 years, +4.6% a year since June 22, 2006 (total return, distributions reinvested).
How much would $10,000 invested in KRE be worth?
$10,000 invested in KRE at its first recorded close on June 22, 2006 would be worth about $24,767 on October 23, 2026 with distributions reinvested.
What was the worst year for KRE?
The worst calendar year was 2007, with a total return of −21.9%. The best was 2013 at +47.5%.
What is the biggest drawdown of KRE?
The largest peak-to-trough decline was −68.5% between February 20, 2007 and March 9, 2009. It recovered to the old high on April 15, 2015, 6.1 years after the bottom.
How volatile is KRE?
Over the past 3 years KRE had an annualized volatility of 24.5% and a Sharpe ratio of 0.75 (excess return over 1–3 month T-bills per unit of risk).