The S&P Regional Banking fund is an exchange traded fund (ETF) within the SPDR family. An extremely similar return profile for KRE 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 S&P Software & Services, Barclays Convertible Securities, S&P Aerospace & Defense, MSCI ACWI IMI, S&P International Health Care Sector.

Outside of the SPDR family, the most positively correlated other funds are PowerShares - KBW Regional Bank Portfolio, PowerShares - KBW Bank Portfolio, PowerShares - S&P SmallCap Financials Portfolio, PowerShares - S&P SmallCap Industrials Portfolio, Fidelity - Spartan Small-Cap Index Fund - Fidelity Advantage Class .

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to SPDR's S&P Regional Banking fund: PowerShares - KBW Regional Bank Portfolio. The correlation between their daily movements is 99.4%.

Performance for the previous 2 years


Positively Correlated SPDR ETFs
XSW SPDR S&P Software & Services 97.8%
CWB SPDR Barclays Convertible Securities 97.2%
XAR SPDR S&P Aerospace & Defense 96.6%
ACIM SPDR MSCI ACWI IMI 95.8%
IRY SPDR S&P International Health Care Sector 95.3%
Negatively Correlated SPDR funds
RBL SPDR S&P Russia -72.0%
EDIV SPDR S&P Emerging Markets Dividend -71.4%
GNR SPDR S&P Global Natural Resources -51.5%
BWZ SPDR Barclays Short Term International Treasury Bond -44.2%
RLY SPDR SSGA Multi-Asset Real Return -42.5%

Positively Correlated Non-SPDR funds
KBWR PowerShares KBW Regional Bank Portfolio 99.4%
KBWB PowerShares KBW Bank Portfolio 98.7%
PSCF PowerShares S&P SmallCap Financials Portfolio 98.4%
PSCI PowerShares S&P SmallCap Industrials Portfolio 98.2%
FSSVX Fidelity Spartan Small-Cap Index Fund - Fidelity Advantage Class 98.1%
Negatively Correlated Non-SPDR funds
RING iShares MSCI Global Gold Miners ETF -91.1%
SLVP iShares MSCI Global Silver Miners ETF -88.7%
EWZS iShares MSCI Brazil Small-Cap ETF -79.6%
PSAU PowerShares Global Gold and Precious Metals Portfolio -75.8%
ERUS iShares MSCI Russia Capped ETF -74.7%

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