KRE ETF

The SPDR S&P Regional Banking (KRE) ETF has been on a strong upward trend, hitting a peak of $67.95, the highest point since February 2022. It has increased by 100% from its lowest point last year during the regional banking crisis.

In this episode of the "ETF of the Week" podcast, Todd Rosenbluth, the Head of Research at VettaFi, joins Money Life host Chuck Jaffe to discuss the SPDR S&P Regional Banking ETF (KRE). They talk about how the ETF can be used and what its future looks like.

Todd Rosenbluth, the Head of Research at VettaFi, talked about the SPDR S&P Regional Banking ETF (KRE) on the latest episode of the “ETF of the Week” podcast with Chuck Jaffe from “Money Life.” For additional news, insights, and analysis, check out VettaFi | ETF Trends.

In this week's episode of "ETF Prime," host Nate Geraci welcomed Todd Rosenbluth, the head of research at VettaFi. They talked about ETF flows and the potential effects of the upcoming 2024 election on ETF investments.

I have changed KRE's rating to Hold because of better earnings, improved valuation, and expected consolidation in the industry. The risk of regional banks failing seems to have decreased, and we expect higher returns on equity and earnings as interest rates start to ease. Analysts predict moderate growth in earnings per share for KRE, with the possibility of increased valuations and substantial returns by the end of 2026.

Since we started our positive outlook in May 2023, KRE has achieved a total return of 61.9%, which is much higher than the SPX's 43.7% return during the same time. We are pleasantly surprised by KRE's strong performance, especially since it happened in just 18 months, resulting in an annualized return of about 37%. By strategically moving profits from successful investments to other opportunities with better risk-adjusted returns, we can improve overall portfolio performance.

The SPDR S&P Regional Banking ETF (KRE) was launched on June 19, 2006. It is a passively managed exchange-traded fund that aims to give investors wide access to the regional banks sector within the financial market.

Regional banks have already made a strong recovery in 2024, and the outlook is positive. Stock expert Andrew Rocco highlights three encouraging factors for the industry.

The SPDR S&P Regional Banking ETF (KRE) was launched on June 19, 2006. It is a smart beta exchange-traded fund that provides wide access to the Financials ETFs sector in the market.