KBESPDR S&P Bank ETF
KBE Fund Description
KBE tracks an equal-weighted index of US banking firms.
KBE Factset Analytics Insight
KBE tracks an equal-weighted index of US banking securities and will generally invest at least 80% of its total assets in such securities. The index represents the bank segment of the S&P Total Market Index and comprises the following sub-industries: Asset Management & Custody Banks, Diversified Banks, Regional Banks, Other Diversified Financial Services, and Thrifts & Mortgage Finance. The index is also equally-weighted at each quarterly rebalancing which puts giant banks on equal footing with smaller ones (at rebalance at least) and increases the emphasis on smaller firms on the whole. KBE fills a niche by providing exposure to a broad selection of banks in an equal-weighted wrapper.
KBE MSCI ESG Analytics Insight
SPDR S&P Bank ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.35 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR S&P Bank ETF ranks in the 35th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
KBE MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
KBE Summary Data
KBE Portfolio Data
KBE Index Data
KBE Portfolio Management
KBE Tax Exposures
KBE Fund Structure
KBE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of KBE. KBE is rated a 5 out of 5.
KBE Sector/Industry Breakdown
KBE Top 10 Holdings[View All]
KBE Economic Development
KBE Performance Statistics
KBE MSCI ESG Ratings
KBE Benchmark Comparison Summary
KBE Benchmark Comparison Market Cap Size