SectorsPrices since Jun 22, 2006 · holdings as of October 16, 2026 · data as of October 19, 2026
KRE Regional Banks Dashboard
The SPDR S&P Regional Banking ETF (KRE): leadership, its holdings underneath, valuation, positioning and options.
KRE vs the marketOct 19, 2026
Lagging, mixed underneath
ratio to SPY below its 200-day average, and behind SPY over at least two of 3, 6 and 12 months
vs SPY, 3 months
−11.0
pts · 6 mo −9.5 · 12 mo +4.7
Holdings above 200-day
60%
47% by weight · of 167 with 200 days
- Price
- $69.26 · −12.1% from high · −2.1% vs 200-day
- Ratio to SPY
- −6.9% vs its 200-day · −72.2% from record (2008)
- Flows
- −$1.3B over 13 weeks · z -1.8
- Short interest
- 5.8% of shares (100th pct) · 5.8 days to cover
- Options
- 30-day IV 26.1% (36th pct) · skew 2.2 pts
- Concentration
- top 10 = 11% · ~120 effective names
Leading: the ratio to SPY above its 200-day average and ahead of SPY over at least two of 3, 6 and 12 months. Lagging: below it and behind over at least two. Mixed: otherwise. Returns are total return. Breadth: broad at 70% of holdings above their 200-day, narrow below 40%. Descriptions, not forecasts.
Latest read
- Leadership: lagging. Against SPY in total return, KRE is behind by 11.0 pts over 3 months, behind by 9.5 pts over 6 and ahead by 4.7 pts over 12, and the ratio sits −6.9% from its 200-day average.
- Trend: KRE closed at $69.26, below its 200-day average, −12.1% from its Jan 14, 2022 high.
- Underneath: 60% of the 167 holdings with 200 days of prices are above their 200-day averages (47% by weight) and 2% above their 50-day; 0 made a 52-week high on the latest session and 2 a 52-week low.
- Flows: −$1.3B net over the 13 weeks to Oct 16, 2026, −1.8 standard deviations from its three-year norm.
01
Is KRE leading the market?
KRE divided by SPY in total return. A rising line means the sector is beating the S&P 500 whatever the market’s direction; a falling line means it is giving up leadership. The ratio is −6.9% from its 200-day average; KRE is behind by 11.0 pts over 3 months, behind by 9.5 pts over 6 and ahead by 4.7 pts over 12. For longer context, the ratio sits −72.2% from its October 16, 2008 record.
Prices as of October 19, 2026
Range:
KRE ÷ SPY200-day average
KRE ÷ SPY200-day average
02
Trend, drawdown and stretch
KRE against its 50- and 200-day averages, then how far it sits below its record and how far it has run from its 200-day average. Today it is −2.1% from the 200-day, the 35th percentile of its history.
Range:
KRE50-day200-day
KRE50-day200-day
Range:
Range:
03
What the holdings are doing underneath
The fund’s 167 current holdings (from the issuer’s daily file of October 16, 2026), each counted once: the share above their 50- and 200-day averages, how many set 52-week highs and lows, and a cumulative advance-decline line. These are today’s members carried back, so stocks that left the fund are missing and the history reads stronger than it was; use it to compare the price with its own members, not as a record of the sector. Today 167 of the 167 holdings have 200 sessions of prices and 167 have 50, so those are the denominators.
Holdings as of October 16, 2026 · prices as of October 19, 2026
Range:
Above 200-dayAbove 50-dayAbove 200-day, by weight
Above 200-dayAbove 50-dayAbove 200-day, by weight
Range:
52-week highs52-week lows
52-week highs52-week lows
Range:
04
How concentrated is the move?
The ten largest holdings are 11% of the fund; weighted, it behaves like about 120 equal positions. Over the last 63 sessions KRE’s price returned −8.8%, and by our estimate 27 holdings supplied half of all the movement, up and down.
Largest contributors, last 63 sessions (estimated, price returns)
AMTB+0.03 pts
FSUN+0.02 pts
CHCO+0.02 pts
CBC+0.02 pts
OSBC+0.01 pts
HBT+0.01 pts
TMP+0.01 pts
FMNB+0.01 pts
Largest detractors, last 63 sessions (estimated, price returns)
FLG−0.31 pts
BANC−0.28 pts
TBBK−0.28 pts
BOH−0.21 pts
CCB−0.21 pts
Estimates in percentage points of the fund’s price return, dividends excluded: each holding’s starting weight is today’s weight rolled back by its price return, with no rebalancing, then multiplied by that return. Over the 167 holdings with prices they sum to −8.64 pts against the fund’s own price return of −8.84%, a gap of +0.20 pts from rebalancing, membership changes and fees.
Range:
05
Leaders and laggards
Every holding by fund weight, with price returns (dividends excluded), distance from its 52-week high and its trend.
| Holding | Weight | 1 mo | 3 mo | YTD | From high | 50d | 200d |
|---|---|---|---|---|---|---|---|
| UBSI | 1.2% | −1.7% | −1.9% | +20.6% | −6.2% | ▼ | ▲ |
| EWBC | 1.1% | −1.1% | −5.9% | +11.7% | −8.1% | ▼ | ▲ |
| FBP | 1.1% | −1.6% | −1.8% | +30.9% | −8.6% | ▼ | ▲ |
| ONB | 1.1% | −1.9% | −5.3% | +11.1% | −9.2% | ▼ | ▲ |
| HOMB | 1.1% | −2.2% | −4.2% | +4.9% | −7.5% | ▼ | ▲ |
| EBC | 1.1% | −2.7% | −8.4% | +14.0% | −11.2% | ▼ | ▲ |
| HWC | 1.1% | −3.3% | −5.4% | +13.9% | −9.1% | ▼ | ▲ |
| FHB | 1.1% | −3.2% | −14.2% | −1.4% | −17.8% | ▼ | ▼ |
| UCB | 1.1% | −2.6% | −4.4% | +8.2% | −8.9% | ▼ | ▼ |
| SSB | 1.1% | −2.2% | −1.1% | +7.5% | −9.3% | ▼ | ▲ |
| WSFS | 1.1% | −3.6% | −4.5% | +37.4% | −7.7% | ▼ | ▲ |
| AUB | 1.1% | −3.3% | −11.8% | +6.9% | −13.0% | ▼ | ▼ |
| BPOP | 1.1% | −2.2% | −8.0% | +27.2% | −10.9% | ▼ | ▲ |
| NIC | 1.1% | −3.2% | −3.2% | +34.0% | −9.2% | ▼ | ▲ |
| CBSH | 1.1% | −3.5% | −5.6% | +5.3% | −8.6% | ▼ | ▲ |
| ASB | 1.1% | −3.4% | −7.5% | +11.2% | −11.4% | ▼ | ▲ |
| GBCI | 1.1% | −2.4% | −16.6% | −1.0% | −20.0% | ▼ | ▼ |
| CFR | 1.1% | −4.1% | −5.7% | +21.0% | −9.9% | ▼ | ▲ |
| WTFC | 1.1% | −3.4% | −10.4% | +1.9% | −14.7% | ▼ | ▼ |
| FULT | 1.1% | −5.2% | −9.9% | +14.7% | −11.9% | ▼ | ▼ |
| PNFP | 1.1% | −2.9% | −3.0% | −1.6% | −13.9% | ▼ | ▼ |
| COLB | 1.1% | −5.3% | −13.8% | +1.4% | −15.7% | ▼ | ▼ |
| PB | 1.1% | −4.0% | −8.1% | −2.7% | −11.6% | ▼ | ▼ |
| ABCB | 1.1% | −5.1% | −12.6% | +6.7% | −15.0% | ▼ | ▼ |
| OZK | 1.1% | −5.6% | −11.0% | −1.8% | −14.9% | ▼ | ▼ |
| FNB | 1.1% | −5.4% | −11.2% | −0.8% | −13.0% | ▼ | ▼ |
| FIBK | 1.1% | −7.0% | −10.9% | +0.4% | −13.7% | ▼ | ▼ |
| AX | 1.1% | −3.2% | −9.8% | +2.0% | −16.4% | ▼ | ▼ |
| TFC | 1.1% | −4.6% | −9.8% | −5.9% | −17.0% | ▼ | ▼ |
| CVBF | 1.1% | −3.7% | −2.5% | +17.5% | −6.2% | ▼ | ▲ |
| WAL | 1.1% | −6.3% | −8.5% | −12.4% | −23.4% | ▼ | ▼ |
| TCBI | 1.1% | −4.8% | −12.8% | −0.2% | −16.2% | ▼ | ▼ |
| BANC | 1.1% | −7.2% | −22.1% | −11.9% | −22.1% | ▼ | ▼ |
| FHN | 1.1% | −5.1% | −10.9% | −4.9% | −13.3% | ▼ | ▼ |
| ZION | 1.1% | −3.2% | −8.6% | +7.9% | −13.9% | ▼ | ▼ |
| WSBC | 1.1% | −5.9% | −8.3% | +11.5% | −13.2% | ▼ | ▲ |
| UMBF | 1.1% | −3.6% | −9.8% | +12.7% | −14.7% | ▼ | ▼ |
| BOKF | 1.1% | −7.4% | −12.2% | +3.7% | −15.9% | ▼ | ▼ |
| BKU | 1.1% | −7.7% | −14.1% | −7.3% | −18.9% | ▼ | ▼ |
| SBCF | 1.1% | −4.8% | −4.7% | +2.1% | −11.2% | ▼ | ▼ |
| VLY | 1.1% | −7.5% | −14.4% | +7.6% | −17.3% | ▼ | ▼ |
| RF | 1.1% | −4.6% | −11.8% | +0.4% | −16.1% | ▼ | ▼ |
| HBAN | 1.1% | −4.1% | −16.2% | −12.2% | −21.0% | ▼ | ▼ |
| CFG | 1.1% | −6.4% | −12.8% | +7.4% | −16.0% | ▼ | ▼ |
| FFBC | 1.1% | −2.5% | −12.3% | +25.0% | −13.5% | ▼ | ▲ |
| MTB | 1.1% | −6.0% | −14.0% | +6.1% | −15.9% | ▼ | ▼ |
| SFNC | 1.0% | −2.9% | −2.7% | +17.9% | −7.9% | ▼ | ▲ |
| RNST | 1.0% | −2.3% | −8.9% | +12.7% | −10.4% | ▼ | ▼ |
| CATY | 1.0% | −4.1% | −3.9% | +23.3% | −8.1% | ▼ | ▲ |
| INDB | 1.0% | −3.4% | −6.7% | +8.7% | −8.8% | ▼ | ▼ |
| FLG | 1.0% | −12.7% | −26.1% | −13.0% | −28.6% | ▼ | ▼ |
| FFIN | 0.9% | −8.8% | −13.9% | +0.2% | −18.0% | ▼ | ▼ |
| BOH | 0.9% | −9.8% | −20.3% | −1.6% | −21.6% | ▼ | ▼ |
| IBOC | 0.9% | −6.0% | −12.7% | −0.6% | −15.2% | ▼ | ▼ |
| CLBK | 0.9% | −8.7% | −4.6% | −32.0% | −56.9% | ▼ | ▼ |
| BUSE | 0.9% | −3.2% | −1.8% | +23.3% | −7.1% | ▼ | ▲ |
| TBBK | 0.9% | −1.7% | −26.4% | −26.9% | −37.6% | ▼ | ▼ |
| CBC | 0.8% | +1.7% | +2.0% | +34.3% | −3.3% | ▲ | ▲ |
| CUBI | 0.8% | −4.0% | −3.3% | +1.9% | −11.0% | ▼ | ▼ |
| PFS | 0.8% | −4.1% | −8.0% | +11.9% | −12.5% | ▼ | ▼ |
| SFBS | 0.8% | −6.5% | −11.8% | +7.9% | −15.3% | ▼ | ▼ |
| BBT | 0.8% | −11.3% | −10.4% | +3.8% | −16.1% | ▼ | ▼ |
| TOWN | 0.7% | −5.1% | −3.1% | +7.7% | −9.2% | ▼ | ▼ |
| BANR | 0.7% | −5.3% | −5.3% | +6.9% | −9.5% | ▼ | ▲ |
| FBK | 0.7% | −3.3% | −13.1% | −7.6% | −16.9% | ▼ | ▼ |
| WAFD | 0.6% | −12.3% | −23.4% | −11.3% | −27.7% | ▼ | ▼ |
| NBTB | 0.6% | −1.6% | −2.7% | +22.1% | −6.6% | ▼ | ▲ |
| CASH | 0.6% | −5.2% | −18.5% | +1.8% | −27.7% | ▼ | ▼ |
| PRK | 0.6% | −3.1% | −5.7% | +16.8% | −16.4% | ▼ | ▲ |
| TRMK | 0.6% | −4.7% | −4.5% | +14.3% | −8.3% | ▼ | ▼ |
| OCFC | 0.6% | −12.6% | −21.1% | −13.0% | −23.4% | ▼ | ▼ |
| CHCO | 0.6% | −1.7% | +4.3% | +18.1% | −4.9% | ▼ | ▲ |
| BANF | 0.6% | −0.3% | −6.6% | +1.9% | −10.3% | ▼ | ▼ |
| FRME | 0.6% | −3.6% | −10.6% | +5.1% | −12.9% | ▼ | ▼ |
| NBHC | 0.6% | −8.5% | −17.9% | −1.3% | −20.3% | ▼ | ▼ |
| CBU | 0.6% | −3.5% | −11.8% | +4.2% | −15.7% | ▼ | ▼ |
| ESQ | 0.5% | −5.3% | −5.0% | +14.4% | −12.2% | ▼ | ▲ |
| NWBI | 0.5% | −3.9% | −3.8% | +23.8% | −7.2% | ▼ | ▲ |
| OFG | 0.5% | −0.6% | −1.3% | +27.4% | −3.3% | ▲ | ▲ |
| TFIN | 0.5% | −2.5% | −22.4% | −1.9% | −24.2% | ▼ | ▼ |
| FCF | 0.5% | −3.9% | −3.3% | +20.2% | −7.6% | ▼ | ▲ |
| NBN | 0.5% | −6.5% | −5.3% | +20.0% | −9.3% | ▼ | ▲ |
| CNOB | 0.5% | −4.5% | −9.7% | +15.1% | −11.5% | ▼ | ▲ |
| TFSL | 0.5% | −4.9% | −12.4% | +20.1% | −13.7% | ▼ | ▲ |
| HOPE | 0.5% | −4.4% | −2.7% | +21.7% | −8.0% | ▼ | ▲ |
| EFSC | 0.5% | −3.6% | −11.0% | +10.0% | −13.3% | ▼ | ▼ |
| BFC | 0.5% | −4.1% | +0.3% | +19.9% | −7.8% | ▼ | ▲ |
| SYBT | 0.5% | −4.0% | −6.3% | +17.3% | −13.4% | ▼ | ▲ |
| FBNC | 0.4% | −5.1% | −6.7% | +18.4% | −9.3% | ▼ | ▲ |
| TCBK | 0.4% | −3.1% | −13.5% | +9.6% | −15.7% | ▼ | ▲ |
| STBA | 0.4% | −3.4% | −2.8% | +23.2% | −9.1% | ▼ | ▲ |
| HBNC | 0.4% | −1.3% | −5.8% | +13.3% | −7.6% | ▼ | ▲ |
| QCRH | 0.4% | −2.5% | +0.0% | +17.0% | −8.6% | ▼ | ▲ |
| DCOM | 0.4% | −5.0% | −3.7% | +28.6% | −7.3% | ▼ | ▲ |
| MCB | 0.4% | −3.0% | −12.7% | +13.3% | −14.6% | ▼ | ▼ |
| SRCE | 0.4% | −0.8% | +2.3% | +36.4% | −6.2% | ▼ | ▲ |
| LKFN | 0.4% | −3.6% | −7.3% | +0.9% | −9.6% | ▼ | ▼ |
| CARE | 0.4% | −3.4% | −10.6% | +51.3% | −16.7% | ▼ | ▲ |
| PFBC | 0.4% | −1.7% | −2.3% | +9.7% | −5.4% | ▼ | ▲ |
| BY | 0.4% | −1.2% | −2.7% | +27.2% | −6.8% | ▼ | ▲ |
| BHRB | 0.4% | −1.2% | −3.0% | +10.9% | −7.4% | ▼ | ▲ |
| WABC | 0.3% | −1.0% | −0.8% | +25.7% | −3.8% | ▲ | ▲ |
| TMP | 0.3% | −2.2% | +3.0% | +34.0% | −4.3% | ▼ | ▲ |
| OSBC | 0.3% | −0.6% | +4.9% | +27.4% | −4.1% | ▼ | ▲ |
| HTH | 0.3% | −6.2% | −5.3% | +6.8% | −9.4% | ▼ | ▼ |
| HIFS | 0.3% | −3.0% | −0.3% | +4.1% | −11.6% | ▼ | ▲ |
| AMTB | 0.3% | −4.4% | +10.2% | +46.1% | −6.8% | ▼ | ▲ |
| UVSP | 0.3% | −3.4% | −7.6% | +25.3% | −9.3% | ▼ | ▲ |
| RBCAA | 0.3% | −3.4% | −0.7% | +31.4% | −9.9% | ▼ | ▲ |
| PEBO | 0.3% | −7.4% | −7.7% | +21.4% | −13.6% | ▼ | ▲ |
| LOB | 0.3% | −9.9% | −17.3% | +0.3% | −21.3% | ▼ | ▼ |
| FSUN | 0.3% | −4.6% | +9.7% | −0.3% | −8.7% | ▼ | ▼ |
| HFWA | 0.3% | −2.6% | −9.7% | +16.1% | −12.1% | ▼ | ▼ |
| CWBC | 0.3% | −3.2% | −7.2% | +12.0% | −10.0% | ▼ | ▲ |
| RRBI | 0.3% | −2.3% | +1.8% | +39.7% | −3.6% | ▼ | ▲ |
| OBK | 0.3% | −4.9% | −1.4% | +35.8% | −7.5% | ▼ | ▲ |
| CCB | 0.3% | −8.6% | −45.6% | −63.3% | −64.7% | ▼ | ▼ |
| CTBI | 0.3% | −2.5% | −1.5% | +31.0% | −6.8% | ▼ | ▲ |
| PGC | 0.3% | −5.4% | −7.3% | +53.8% | −11.4% | ▼ | ▲ |
| EGBN | 0.3% | −1.6% | +2.2% | +30.1% | −4.0% | ▼ | ▲ |
| THFF | 0.3% | −3.4% | −4.1% | +22.4% | −10.6% | ▼ | ▲ |
| SMBC | 0.3% | −3.8% | −8.8% | +18.0% | −12.1% | ▼ | ▲ |
| SFST | 0.3% | −4.1% | −4.2% | +14.8% | −8.5% | ▼ | ▲ |
| AMAL | 0.3% | −1.2% | −1.6% | +46.2% | −8.3% | ▼ | ▲ |
| MBWM | 0.3% | −2.7% | −2.1% | +21.5% | −6.0% | ▼ | ▲ |
| BFST | 0.3% | +0.8% | +0.7% | +18.8% | −3.8% | ▼ | ▲ |
| TRST | 0.3% | −5.3% | −3.6% | +29.9% | −9.2% | ▼ | ▲ |
| MCHB | 0.3% | −7.6% | −11.3% | −2.7% | −17.1% | ▼ | ▼ |
| GSBC | 0.3% | −1.8% | −1.5% | +25.9% | −5.5% | ▼ | ▲ |
| HTB | 0.3% | −1.0% | −4.0% | +8.6% | −10.1% | ▼ | ▲ |
| FMBH | 0.2% | −1.8% | −0.5% | +25.8% | −6.7% | ▼ | ▲ |
| IBCP | 0.2% | −1.7% | −2.4% | +9.5% | −7.9% | ▼ | ▲ |
| FSBC | 0.2% | −4.0% | −13.5% | +19.3% | −14.1% | ▼ | ▲ |
| HAFC | 0.2% | −4.2% | −4.6% | +14.6% | −7.0% | ▼ | ▲ |
| FMNB | 0.2% | −2.3% | +4.3% | +14.1% | −7.2% | ▼ | ▲ |
| FISI | 0.2% | −3.6% | −0.8% | +25.7% | −8.2% | ▼ | ▲ |
| CFFN | 0.2% | −9.1% | −5.9% | +19.5% | −12.0% | ▼ | ▲ |
| NBBK | 0.2% | −5.7% | +2.1% | +8.4% | −7.8% | ▼ | ▲ |
| CPF | 0.2% | −3.6% | −7.2% | +16.4% | −9.3% | ▼ | ▲ |
| HBCP | 0.2% | −4.1% | −4.4% | +13.8% | −9.3% | ▼ | ▲ |
| WASH | 0.2% | −6.9% | −6.9% | +23.8% | −9.1% | ▼ | ▲ |
| SMBK | 0.2% | −2.3% | +3.9% | +36.5% | −5.1% | ▼ | ▲ |
| CCNE | 0.2% | −0.5% | −1.1% | +29.9% | −4.8% | ▼ | ▲ |
| SPFI | 0.2% | −1.8% | −1.8% | +11.1% | −6.2% | ▼ | ▲ |
| EQBK | 0.2% | −3.7% | −6.3% | +5.8% | −8.7% | ▼ | ▲ |
| MPB | 0.2% | −2.8% | +1.8% | +16.0% | −6.8% | ▼ | ▲ |
| CAC | 0.2% | −3.0% | +2.9% | +28.6% | −6.6% | ▼ | ▲ |
| ORRF | 0.2% | −1.8% | +0.1% | +16.6% | −5.5% | ▼ | ▲ |
| MSBI | 0.2% | −5.2% | +1.0% | +50.2% | −7.9% | ▼ | ▲ |
| HBT | 0.2% | −2.2% | +7.0% | +36.2% | −5.4% | ▼ | ▲ |
| KRNY | 0.2% | −7.2% | −7.1% | +19.7% | −12.4% | ▼ | ▲ |
| SHBI | 0.2% | −3.4% | −3.0% | +26.9% | −8.9% | ▼ | ▲ |
| CBAN | 0.1% | −4.8% | −5.5% | +10.6% | −11.5% | ▼ | ▼ |
| TCBX | 0.1% | −8.4% | +1.5% | +7.0% | −11.9% | ▼ | ▼ |
| CCBG | 0.1% | −2.9% | −6.2% | +14.2% | −8.0% | ▼ | ▲ |
| SBSI | 0.1% | −3.1% | −12.1% | +0.3% | −14.7% | ▼ | ▼ |
| BMRC | 0.1% | −7.6% | −9.6% | +0.2% | −14.0% | ▼ | ▼ |
| BCAL | 0.1% | −1.0% | +1.7% | +15.6% | −2.3% | ▲ | ▲ |
| BHB | 0.1% | −4.8% | +0.2% | +22.7% | −6.8% | ▼ | ▲ |
| ACNB | 0.1% | −2.6% | +2.8% | +31.4% | −4.6% | ▼ | ▲ |
| CIVB | 0.1% | −2.2% | −6.7% | +20.1% | −8.9% | ▼ | ▲ |
| PFIS | 0.1% | −4.1% | −2.0% | +38.9% | −6.1% | ▼ | ▲ |
| FBIZ | 0.1% | −1.4% | +5.5% | +28.5% | −4.2% | ▼ | ▲ |
| NRIM | 0.1% | −8.4% | −16.5% | −12.4% | −21.7% | ▼ | ▼ |
| UNTY | 0.1% | −4.5% | −2.9% | +7.4% | −10.1% | ▼ | ▲ |
| AROW | 0.1% | −2.6% | −10.8% | +17.3% | −13.3% | ▼ | ▲ |
| COFS | 0.1% | −1.5% | −5.1% | +11.3% | −5.1% | ▼ | ▲ |
06
What does KRE earn, and what does it cost?
Not available yet: our filings base covers only 3% of KRE’s holdings by weight, too little to stand for the fund. Regional banks report net interest income and deposits rather than revenue and operating income, so they need their own build from bank filings.
07
How are investors positioned?
Money moving into and out of the fund itself (the change in shares outstanding times the price, so price moves do not count), the share of the holdings sold short, and how much of the tracked hedge funds’ books sits in these stocks. Each comes on its own schedule.
Flows: week to October 16, 2026 · short interest: settled September 30, 2026 · 13F: quarter ended June 30, 2026
Range:
Range:
Range:
Most widely held among the 20 funds in the latest quarter: EWBC (1).
08
What options are pricing
KRE’s 30-day at-the-money implied volatility against realized, and the price of downside protection (25-delta put minus call). Our options record for this fund starts in October 2024.
Options as of October 19, 2026
Range:
30-day implied21-day realized
30-day implied21-day realized
Range:
09
Macro context
Macro series relevant to this sector, weekly, with KRE’s ratio to SPY in the pane above. Correlations are between 13-week changes since 2010; they describe how the two have moved together, not which drives which. Each series is dated by its release.
Range:
Range:
10
Returns against the S&P 500
Total returns, dividends reinvested · as of October 19, 2026
Trailing
| Period | KRE | SPY | Gap, pts |
|---|---|---|---|
| 1 day | −0.8% | +0.4% | −1.2 |
| 1 week | −0.4% | −1.5% | +1.1 |
| 1 month | −4.3% | +0.6% | −4.9 |
| 3 months | −8.3% | +2.7% | −11.0 |
| 6 months | −0.8% | +8.7% | −9.5 |
| Year to date | +8.7% | +13.3% | −4.6 |
| 1 year | +21.9% | +17.3% | +4.7 |
| 3 years | +82.1% | +83.3% | −1.2 |
| 5 years | +13.6% | +88.6% | −74.9 |
Calendar years
| Year | KRE | SPY | Gap, pts |
|---|---|---|---|
| 2026* | +8.7% | +13.3% | −4.6 |
| 2025 | +10.2% | +17.7% | −7.5 |
| 2024 | +18.6% | +24.9% | −6.3 |
| 2023 | −7.6% | +26.2% | −33.8 |
| 2022 | −15.1% | −18.2% | +3.1 |
| 2021 | +39.3% | +28.7% | +10.6 |
| 2020 | −7.3% | +18.4% | −25.7 |
| 2019 | +27.5% | +31.2% | −3.8 |
| 2018 | −19.0% | −4.6% | −14.4 |
| 2017 | +7.5% | +21.7% | −14.2 |
| 2016 | +35.0% | +12.0% | +23.0 |
| 2015 | +4.9% | +1.3% | +3.6 |
| 2014 | +1.8% | +13.5% | −11.6 |
| 2013 | +47.5% | +32.3% | +15.2 |
| 2012 | +16.9% | +16.0% | +0.9 |
| 2011 | −6.0% | +1.9% | −7.9 |
| 2010 | +20.6% | +15.1% | +5.6 |
| 2009 | −21.9% | +26.4% | −48.3 |
| 2008 | −18.6% | −36.8% | +18.2 |
* year to date
Calendar months: median return and share of years up (complete years only)
Jan
+2.8%
56% up
Feb
+1.9%
56% up
Mar
+2.3%
61% up
Apr
−1.0%
47% up
May
+0.1%
53% up
Jun
+1.3%
53% up
Jul
+1.1%
58% up
Aug
+1.4%
53% up
Sep
−0.3%
47% up
Oct
+2.1%
58% up
Nov
+3.4%
68% up
Dec
+2.2%
68% up
Seasonal tendencies on 18 or so years of data are descriptions; none is tested here as a signal.
11
Method and limits
- Charts of the fund’s price are split-adjusted closes. The ratio to SPY, the leadership reading and the returns against the S&P 500 are total returns, with dividends from Massive reinvested on the ex-date. The holdings table and the contribution estimates are price returns. Differences between two returns, and contributions, are in percentage points.
- Holdings come from the issuer’s daily holdings file, equities only and rescaled to 100%; each day’s file is kept, so the membership record starts with this page and grows. Every history built from holdings uses today’s members, which flatters the past (survivorship).
- Fundamentals are GAAP figures from company 10-Q and 10-K filings (SEC EDGAR) for the holdings in our filings base; foreign filers and banks are mostly outside it. Each period is dated by its first report and carries its latest restated value.
- Holdings exclude cash, money-market funds and index futures listed in the issuer’s file.
- Flows use weekly share counts from Massive; counts that lag a fund split are dropped until they catch up. Short interest is FINRA’s twice-monthly report. 13F holdings are the tracked funds’ quarterly filings, long stock only.
- No reading on this page is graded as a forecast. Where a study exists it is on the page that owns the measure.
KRE vs the marketOct 19, 2026
Lagging, mixed underneath
ratio to SPY below its 200-day average, and behind SPY over at least two of 3, 6 and 12 months
vs SPY, 3 months
−11.0
pts · 6 mo −9.5 · 12 mo +4.7
Holdings above 200-day
60%
47% by weight · of 167 with 200 days
- Price
- $69.26 · −12.1% from high · −2.1% vs 200-day
- Ratio to SPY
- −6.9% vs its 200-day · −72.2% from record (2008)
- Flows
- −$1.3B over 13 weeks · z -1.8
- Short interest
- 5.8% of shares (100th pct) · 5.8 days to cover
- Options
- 30-day IV 26.1% (36th pct) · skew 2.2 pts
- Concentration
- top 10 = 11% · ~120 effective names
Leading: the ratio to SPY above its 200-day average and ahead of SPY over at least two of 3, 6 and 12 months. Lagging: below it and behind over at least two. Mixed: otherwise. Returns are total return. Breadth: broad at 70% of holdings above their 200-day, narrow below 40%. Descriptions, not forecasts.
How KRE Regional Banks Dashboard Works
- 1Start with leadershipThe first chart divides the fund by SPY in total return, dividends included. A rising ratio means the sector is beating the S&P 500 whatever the market does. The answer card names the state with a fixed rule: the ratio against its 200-day average, and whether the fund is ahead of SPY over 3, 6 and 12 months.
- 2Look underneath the priceA sector fund can rise on a handful of large holdings while most of its stocks fall. The breadth charts count the fund’s own holdings above their moving averages and at 52-week highs and lows, and the contribution panel shows how many names did the work.
- 3Check what the sector earns and costsThe P/E is the portfolio’s: each holding’s trailing earnings yield from its own filings, weighted by its share of the fund and then inverted. The history dates each trailing total by when its last quarter was first reported, using restated figures and today’s holdings, so it describes today’s fund rather than a strict point-in-time record. Margins and revenue growth sit beside it.
- 4See who is positioned howFund flows count money entering and leaving the ETF itself, short interest shows how much of the holdings is sold short, the 13F panel shows how much of the tracked hedge funds’ books sits in the sector, and the options section shows what protection costs.
Who Uses KRE Regional Banks Dashboard
Sector rotators
Compare leadership, breadth and flows across sectors before shifting weight between them.
Trend traders
Check whether a breakout in the fund is carried by its holdings or by its three largest names.
Long-term investors
See what the sector earns and what it costs on its own filings, with the record since 2014 beside today.
Pro Tips
01
Price and breadth can disagree
When the fund makes new highs while fewer of its holdings sit above their 200-day averages, the move is narrowing. It describes the present; it has not been tested as a timing signal.
02
Read flows as sentiment
Fund flows record what investors did, often after a move. This page does not test them as a forecast.
03
Mind the cohort
Breadth and valuation history use today’s holdings carried back. Companies that left the fund are missing, which flatters the past.
04
Each panel has its own date
Prices update daily, holdings with the issuer’s file, short interest twice a month, 13F holdings quarterly. Every section prints the date of its own data.
Common Issues & Solutions
Why does breadth history look stronger than the fund?▾
It uses today’s holdings, the survivors. Stocks that fell out of the fund are not in the count, so earlier readings are biased up.
Why is the P/E different from other sources?▾
It is trailing GAAP earnings from filings, weighted by fund weight, for the holdings in our filings base only, and the page shows how much of the fund that covers. Vendor figures often use forward or adjusted earnings and the full index.
Why is a holding missing from the table’s numbers?▾
Some holdings (recent renames, spin-offs, foreign listings) have no price file yet; they keep their weight in the table and are left out of the breadth counts.
Frequently Asked Questions
Is KRE leading the market?▾
As of October 19, 2026, KRE reads "Lagging" (ratio to SPY below its 200-day average, and behind SPY over at least two of 3, 6 and 12 months). In total return it is behind by 11.0 pts over 3 months, behind by 9.5 pts over 6 and ahead by 4.7 pts over 12. For longer context, its ratio to SPY is −72.2% from its October 16, 2008 record.
How many KRE stocks are above their 200-day moving average?▾
60% of the 167 current KRE holdings with 200 days of prices closed above their 200-day averages on October 19, 2026, 47% when each is weighted by its share of the fund.
How concentrated is KRE?▾
Its ten largest holdings are 11% of the fund and the three largest 3%; weighted, it behaves like about 120 equal positions. Over the last 63 sessions, by our estimate, 27 holdings supplied half of all the movement.