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State Street SPDR S&P Regional Banking ETF (KRE)

Financial | Exchange Traded Fund | NYSEArca
75.12 USD +0.10 (0.133%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★★☆Long-term:★★★⯪☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 4:27 a.m. EDT

The regional banking sector is showing signs of a fragile breakout. While the price action over the last two weeks suggests momentum is building toward the $76-$77 zone, the options market is screaming caution. The sheer volume of put buying creates a heavy overhang that could trigger a violent rejection if the price stalls near its highs. Fundamentally, the ETF looks attractive with a 2.14% yield and a trailing P/E of roughly 13.5, supported by a nine-year cumulative gain of +62%. However, the lack of consecutive negative years in the recent trajectory is a relief rather than a driver of the current strength. The real story here is the divergence: the price is trying to run, but the speculative crowd is betting hard against it. For a swing trade, the risk-reward is skewed by the put wall; for a long-term holder, the valuation is fair but not exceptional enough to ignore the immediate volatility risk.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.027996
MSTL_1260.029226
AutoTheta0.029299
AutoETS0.029305
AutoARIMA0.029305

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 42%
H-stat 31.08
Ljung-Box p 0.000
Jarque-Bera p 0.106
Excess Kurtosis -0.66
Attribute Value
Trailing P/E 13.50

As of July 11, 2026, 4:27 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in out-of-the-money puts (over 200k contracts at the nearest expiration) compared to negligible call volume. While there is a significant call wall at the $80 strike suggesting a potential resistance ceiling, the overwhelming put volume indicates fear of a sharp correction or a 'sell the breakout' scenario. Implied volatility is elevated on deep out-of-the-money strikes, reflecting uncertainty about whether the recent rally will sustain.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.58% 2.40% 2.80% 2.74%
Dividend History
Date Dividend Yield %
2026-06-22 0.417 0.579247
2026-03-23 0.364 0.570443
2025-12-22 0.418 0.622487
2025-09-22 0.400 0.623636
2025-06-23 0.391 0.675652
2025-03-24 0.378 0.646928
2024-12-23 0.412 0.679868
2024-09-23 0.382 0.671944
2024-06-24 0.392 0.823876
2024-03-18 0.379 0.803306
2023-12-18 0.431 0.829165
2023-09-18 0.375 0.882145
2023-06-20 0.399 0.947293
2023-03-20 0.363 0.833333
2022-12-19 0.406 0.714411
2022-09-19 0.368 0.578162
2022-06-21 0.355 0.609024
2022-03-21 0.344 0.483418
2021-12-20 0.395 0.591229
2021-09-20 0.340 0.549096
2021-06-21 0.324 0.491579
2021-03-22 0.339 0.505744
2020-12-21 0.395 0.782953
2020-09-21 0.357 1.005917
2020-06-22 0.354 0.896884
2020-03-23 0.337 1.198009
2019-12-20 0.365 0.622973
2019-09-20 0.330 0.619137
2019-06-21 0.332 0.637603
2019-03-15 0.259 0.472541
2018-12-21 0.319 0.707788
2018-09-21 0.287 0.460896
2018-06-15 0.242 0.380443
2018-03-16 0.204 0.318999
2017-12-15 0.246 0.416455
2017-09-15 0.206 0.393355
2017-06-16 0.199 0.361358
2017-03-17 0.174 0.307747
2016-12-16 0.210 0.383632
2016-09-16 0.193 0.463942
2016-06-17 0.201 0.518175
2016-03-18 0.171 0.444156
2015-12-18 0.234 0.565081
2015-09-18 0.182 0.454545
2015-06-19 0.183 0.412906
2015-03-20 0.154 0.372160
2014-12-19 0.199 0.495641
2014-09-19 0.166 0.418452
2014-06-20 0.167 0.413060
2014-03-21 0.119 0.283198
2013-12-20 0.162 0.403990
2013-09-20 0.151 0.424873
2013-06-21 0.144 0.439158
2013-03-15 0.099 0.310832
2012-12-21 0.229 0.812345
2012-09-21 0.122 0.419388
2012-06-15 0.117 0.444529
2012-03-16 0.097 0.336455
2011-12-16 0.141 0.604113
2011-09-16 0.122 0.570627
2011-06-17 0.098 0.391843
2011-03-18 0.077 0.297642
2010-12-17 0.095 0.377284
2010-09-17 0.096 0.428763
2010-06-18 0.093 0.373794
2010-03-19 0.080 0.302801
2009-12-18 0.043 0.196616
2009-09-18 0.112 0.505187
2009-06-19 0.126 0.651837
2009-03-20 0.177 0.953664
2008-12-19 0.578 2.108719
2008-09-19 0.340 0.822846
2008-06-20 0.164 0.576045
2007-12-21 0.963 2.511737
2007-09-21 0.468 1.034026
2007-06-15 0.554 1.180230
2007-03-16 0.269 0.566913
2006-12-15 0.234 0.467346
2006-09-15 0.382 0.777529
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.14

Info Dump

Attribute Value
All Time High 78.81
All Time Low 14.42
Ask 75.0
Ask Size 200
Average Daily Volume10 Day 13,200,290
Average Daily Volume3 Month 14,448,629
Average Volume 14,448,629
Average Volume10Days 13,200,290
Beta3 Year 1.18
Bid 0.0
Bid Size 1,500
Category Financial
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 75.345
Day Low 74.545
Dividend Yield 2.14
Eps Trailing Twelve Months 5.564554
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 71.2208
Fifty Day Average Change 3.8992004
Fifty Day Average Change Percent 0.054748055
Fifty Two Week Change Percent 22.405088
Fifty Two Week High 76.84
Fifty Two Week High Change -1.7199936
Fifty Two Week High Change Percent -0.022384092
Fifty Two Week Low 57.55
Fifty Two Week Low Change 17.570004
Fifty Two Week Low Change Percent 0.30529982
Fifty Two Week Range 57.55 - 76.84
First Trade Date Milliseconds 1,150,983,000,000
Five Year Average Return 0.062808
Full Exchange Name NYSEArca
Fund Family State Street Investment Management
Fund Inception Date 1,150,675,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks segment of the S&P Total Market Index ("S&P TMI").
Long Name State Street SPDR S&P Regional Banking ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_27776900
Nav Price 74.97663
Net Assets 4,740,203,500.0
Net Expense Ratio 0.35
Open 75.06
Pre Market Change -0.07500458
Pre Market Change Percent -0.09984635
Pre Market Price 75.045
Pre Market Time 1,784,028,774
Previous Close 75.02
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.100006
Regular Market Change Percent 0.133306
Regular Market Day High 75.345
Regular Market Day Low 74.545
Regular Market Day Range 74.545 - 75.345
Regular Market Open 75.06
Regular Market Previous Close 75.02
Regular Market Price 75.12
Regular Market Time 1,783,972,800
Regular Market Volume 10,088,221
Short Name State Street SPDR S&P Regional
Source Interval 15
Symbol KRE
Three Year Average Return 0.22950529
Total Assets 4,740,203,520
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 13.499734
Trailing Peg Ratio None
Trailing Three Month Nav Returns 15.59169
Trailing Three Month Returns 15.59169
Triggerable 1
Two Hundred Day Average 67.01055
Two Hundred Day Average Change 8.109451
Two Hundred Day Average Change Percent 0.12101753
Type Disp ETF
Volume 10,088,221
Yield 0.0214
Ytd Return 16.7387