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State Street® SPDR® S&P® Insurance ETF

SPDR · US78464A7899

State Street® SPDR® S&P® Insurance ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker KIE (ISIN US78464A7899). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. At its core it is a focused, thematic fund: it concentrates on the financials part of the market, so…

· Tracks the S&P Insurance Select Industry Index index ?
Equity ?Unknown Physical ?United States ?
Mid-range feeOwns the shares directlyOtherBroadly spread
Fund size (AUM) ?
€570.5M
1-year return ?
+11.9%
Price Return · to 2026-07-21
Yearly fee (TER) ?
0.35%
All-in cost ≈ 0.00%

About this fund

What you own

The S&P Insurance Select Industry Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 55 companies across Other in a single purchase.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.35%Yearly fee (TER)
0.00%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

Read more

For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
S&P Insurance Select Industry Index
Replication ?
Physical
Full — buys every share
Launched
Nov 2005
21-year track record

Performance

87.2108129150171202120242026

Growth of $100 invested — the line starts at $100.

State Street® SPDR® S&P® Insurance ETF

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

YTD+5.9%
1 year+11.9%
3 years+14.4%
5 years+11.0%

Return, year by year

+1.4
+10.4
+25.0
+6.4
'22'23'24'25
4 of 4 up yearsBest: 2024 +25.0%Worst: 2022 +1.4%Calendar-year total returns, in USD

How bumpy has it been?

16.8%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-13.7%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.85
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+63.1%
Since inception
Total growth since launch — about +10.2% a year.
+38.9%
Best 12 months
The strongest one-year stretch on record.
-11.9%
Worst 12 months
The weakest one-year stretch on record.
-16.5%
Worst fall on record ?
It clawed back in about 2 months.

What's inside

By sector ?

Financials84.8%
Cash/Other11.5%
Corporate3.7%

The 10 biggest holdings make up 20.9% of the fund — the rest is spread across roughly 45 more companies.

Top 10 holdings

#CompanyWeight
1LEMONADE INC2.4%
2BALDWIN INSURANCE GROUP INC/2.4%
3PALOMAR HOLDINGS INC2.1%
4SKYWARD SPECIALTY INSURANCE2.1%
5RYAN SPECIALTY HOLDINGS INC2.0%
6KEMPER CORP2.0%
7RLI CORP2.0%
8CINCINNATI FINANCIAL CORP1.9%
9BROWN + BROWN INC1.9%
10PROGRESSIVE CORP1.9%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
NYSEKIEUSD★ Primary
EUR listings
Frankfurt4JZEEUR
USD listings
B2KIEUSDUSD
B4KIE1USDUSD
E1KIE1USDUSD
EUKIE1USD
EUKIE1USDUSD
GH4JZEUSD
GI4JZEUSD
MFKIE*USD
MMKIE*USD
MUKIE*USD
NYSE ArcaKIEUSD
OCKIEUSD
ODKIEUSD
TH4JZEUSD
UAKIEUSD
UBKIEUSD
UCKIEUSD
UDKIEUSD
UFKIEUSD
UMKIEUSD
USKIEUSD
UTKIEUSD
UXKIEUSD
VFKIEUSD
VGKIEUSD
VJKIEUSD
VKKIEUSD
VPKIEUSD
VTKIEUSD
VYKIEUSD
X2KIE1USDUSD
X9KIE1USDUSD
XAKIE1USDUSD
XBKIE1USDUSD
XEKIE1USDUSD
XFKIE1USDUSD
XGKIE1USDUSD
XHKIE1USDUSD
XJKIE1USDUSD
XLKIE1USDUSD
XOKIE1USDUSD
XQKIE1USDUSD
XSKIE1USDUSD
XUKIE1USDUSD
XVKIE1USDUSD
XWKIE1USDUSD
XXKIE1USDUSD
XZKIE1USDUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-21 · the fund's own published holdings.

#CompanyWeight
1LEMONADE INC2.4%
2BALDWIN INSURANCE GROUP INC/2.4%
3PALOMAR HOLDINGS INC2.1%
4SKYWARD SPECIALTY INSURANCE2.1%
5RYAN SPECIALTY HOLDINGS INC2.0%
6KEMPER CORP2.0%
7RLI CORP2.0%
8CINCINNATI FINANCIAL CORP1.9%
9BROWN + BROWN INC1.9%
10PROGRESSIVE CORP1.9%
11ARTHUR J GALLAGHER + CO1.9%
12AXIS CAPITAL HOLDINGS LTD1.9%
13OSCAR HEALTH INC CLASS A1.9%
14TRAVELERS COS INC/THE1.9%
15HANOVER INSURANCE GROUP INC/1.9%
16ARCH CAPITAL GROUP LTD1.9%
17ALLSTATE CORP1.9%
18EVEREST GROUP LTD1.9%
19KINSALE CAPITAL GROUP INC1.9%
20ERIE INDEMNITY COMPANY CL A1.9%
21ASSURED GUARANTY LTD1.9%
22MERCURY GENERAL CORP1.9%
23RENAISSANCERE HOLDINGS LTD1.9%
24REINSURANCE GROUP OF AMERICA1.9%
25WILLIS TOWERS WATSON PLC1.9%
26GLOBE LIFE INC1.9%
27PRUDENTIAL FINANCIAL INC1.9%
28MARKEL GROUP INC1.9%
29ASSURANT INC1.9%
30OLD REPUBLIC INTL CORP1.9%
31PRIMERICA INC1.9%
32CHUBB LTD1.8%
33AMERICAN INTERNATIONAL GROUP1.8%
34LOEWS CORP1.8%
35SELECTIVE INSURANCE GROUP1.8%
36AMERICAN FINANCIAL GROUP INC1.8%
37WHITE MOUNTAINS INSURANCE GP1.8%
38GENWORTH FINANCIAL INC1.8%
39HARTFORD INSURANCE GROUP INC1.8%
40AON PLC CLASS A1.8%
41CNO FINANCIAL GROUP INC1.8%
42FIRST AMERICAN FINANCIAL1.8%
43LINCOLN NATIONAL CORP1.8%
44SIRIUSPOINT LTD1.8%
45METLIFE INC1.8%
46MARSH + MCLENNAN COS1.8%
47WR BERKLEY CORP1.8%
48PRINCIPAL FINANCIAL GROUP1.8%
49AFLAC INC1.8%
50BRIGHTHOUSE FINANCIAL INC1.8%
51FIDELITY NATIONAL FINANCIAL1.7%
52UNUM GROUP1.7%
53STEWART INFORMATION SERVICES1.6%
54SSI US GOV MONEY MARKET CLASS0.1%
55US DOLLAR0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 20% of similar ETFs📈 Higher 1-yr return than 60%📈 Higher 3-yr return than 25%📈 Higher 5-yr return than 100%📊 Beat its category by 4.1% (1-yr) (category average +7.8%)📊 Beat its category by 0.7% (3-yr) (category average +13.8%)📊 Beat its category by 7.3% (5-yr) (category average +3.8%)

Versus the Equity (stocks) · Other · Financials · USD ETFs we track.

Advanced risk

1.21
Sortino (3y) ?
1.05
Calmar (3y) ?
11.3%
Downside deviation ?
58%
Up months (hit rate) ?
$64.46
52-week high ?
$53.55
52-week low ?

Concentration depth

~53 ?
Effective number of holdings

Roughly 55 companies are held, but the largest names carry most of the weight — so it behaves like ~53 equal-sized positions.

Tilt vs a world tracker

Financials+68.5
Technology-29.2
Industrials-11.6
Cash/Other+11.5
Health Care-9.3
Consumer Discretionary-9.0

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

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Why it's similarThis is the fund on this page.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
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Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
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Index trackedS&P Insurance Select Industry IndexTechnology Select Sector IndexFTSE Developed ex US IndexS&P 500® Total Return (Net) IndexFinancial Select Sector Index® ® S&p® 500 Mxn Hdg® ® S&p® 500 Hdg
Yearly fee (TER)0.35%0.08%0.03%0.05%0.08%0.05%0.05%
All-in cost0.00%0.00%0.00%0.12%0.00%0.06%0.06%
Fund size€570.5M€100.5B€57.5B€50.3B€48.7B€36.6B€36.6B
DomicileUnited StatesUnited StatesUnited StatesIrelandUnited StatesIrelandIreland
ReplicationPhysical (full)Physical (full)Physical (full)Synthetic (swap)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+14.4%+26.5%+13.9%-73.9%+16.7%
5-yr return p.a.+11.0%+18.6%+6.7%+9.2%
# holdings55771,49457280505505

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Data as of 2026-07-21 · Source: issuer data, compiled by Finance Hamster

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