The S&P Regional Banking fund is an exchange traded fund (ETF) within the SPDR family. There is at least 1 fund that is incredibly highly correlated with KRE.
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 .
|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%|
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