The S&P Bank fund is an exchange traded fund (ETF) within the SPDR family. An extremely similar return profile for KBE can be found in at least 1 other fund we are tracking.

Within the SPDR family of funds, the most positively correlated other funds are Financial Select Sector Fund, S&P Software & Services, MSCI ACWI IMI, S&P Aerospace & Defense, Barclays Convertible Securities.

Outside of the SPDR family, the most positively correlated other funds are PowerShares - KBW Bank Portfolio, iShares - U.S. Financial Services ETF, Fidelity - Spartan Small-Cap Index Fund - Fidelity Advantage Class , Fidelity - Spartan Small-Cap Index Fund - Investor Class , Vanguard Mutual Funds - Small-Cap Growth Index Admiral.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to SPDR's S&P Bank fund: PowerShares - KBW Bank Portfolio. The correlation between their daily movements is 99.5%.

Performance for the previous 2 years


Positively Correlated SPDR ETFs
XLF SPDR Financial Select Sector Fund 98.0%
XSW SPDR S&P Software & Services 96.6%
ACIM SPDR MSCI ACWI IMI 95.8%
XAR SPDR S&P Aerospace & Defense 95.6%
CWB SPDR Barclays Convertible Securities 95.1%
Negatively Correlated SPDR funds
BIL SPDR Barclays 1-3 Month T-Bill -72.7%
GLD SPDR Gold Shares -66.6%
EDIV SPDR S&P Emerging Markets Dividend -65.4%
RBL SPDR S&P Russia -64.5%
TOTL SPDR DoubleLine Total Return Tactical -46.0%

Positively Correlated Non-SPDR funds
KBWB PowerShares KBW Bank Portfolio 99.5%
IYG iShares U.S. Financial Services ETF 98.5%
FSSVX Fidelity Spartan Small-Cap Index Fund - Fidelity Advantage Class 98.5%
FSSPX Fidelity Spartan Small-Cap Index Fund - Investor Class 98.5%
VSGAX Vanguard Mutual Funds Small-Cap Growth Index Admiral 98.3%
Negatively Correlated Non-SPDR funds
RING iShares MSCI Global Gold Miners ETF -91.4%
SLVP iShares MSCI Global Silver Miners ETF -87.6%
EWZS iShares MSCI Brazil Small-Cap ETF -73.6%
SHV iShares Short Treasury Bond ETF -69.4%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -69.2%

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