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.

KRE has delivered a total return of 61.9% since we initiated our bullish view back in May 2023, far outperforming the 43.7% return on the SPX over the same period. KRE's performance has far exceeded our expectations, especially given that these gains were achieved within a short period of 18 months. This translates to an annualized return of around 37%. Tactical capital recycling can enhance portfolio performance by reallocating gains from big winning positions to other opportunities with superior risk-adjusted returns.

Launched on 06/19/2006, the SPDR S&P Regional Banking ETF (KRE) is a passively managed exchange traded fund designed to provide a broad exposure to the Financials - Regional Banks segment of the equity market.

Though regional banks already rebounded nicely in 2024, the future looks bright. Stock Strategist Andrew Rocco breaks down 3 bullish catalysts for the industry,.

Launched on 06/19/2006, the SPDR S&P Regional Banking ETF (KRE) is a smart beta exchange traded fund offering broad exposure to the Financials ETFs category of the market.