Data as of Oct 28, 2026.

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EWY vs KRE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWY returned +79.7% to KRE's +21.2%; 0% of their weight is in the same names.

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Net assets: $24.4bn on Oct 28, 2026 for iShares MSCI South Korea ETF, and $4.2bn on Oct 27, 2026 for State Street SPDR S&P Regional Banking ETF.

At a glance
+79.7%
EWY total return, 1 year
+21.2%
KRE total return, 1 year
0.59%
EWY expense ratio
0.35%
KRE expense ratio

Pair scorecard

KRE costs 0.24 points a year less; their one-year returns differ by 58.5 points; EWY is 5.6 times larger.

EWY vs KRE: Differences, Returns & Fees
MeasureEWYKRE
Return
Total return, 1 year+79.7%+21.2%
Drawdown
Below its high24.3%, high on Jun 18, 20266.9%, high on Aug 14, 2026
Benchmark
What it tracksMSCI Korea 25/50 Daily 25 Capped IndexS&P Regional Banks Select Industry Index
Cost and size
Expense ratio0.59%0.35%
Net assets, as of Oct 26, 2026$22.5bn$4.0bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund60.9%11.6%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Jun 30, 2006 to Oct 23, 2026 · 1,060 weekly returns
EWY KRE
Return
Total return edge EWY +354.8% +146.5%
Annualized edge EWY +7.7% +4.5%
Price return edge EWY +235.2% +50.4%
Risk
Volatility edge EWY (slight) 29.3% 31.2%
Max drawdown edge KRE (slight) −70.1% −68.0%
Risk-adjusted
Sharpe edge EWY 0.34 0.24
Sortino edge EWY 0.50 0.35
Calmar edge EWY 0.11 0.07
Reading

EWY returned more: +354.8% to +146.5%. EWY swung slightly less: 29.3% to 31.2%. KRE fell slightly less at its worst: −68.0% to −70.1%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: EWY vs KRE: Differences, Returns & Fees
MeasureEWYKREEdgeHow it is measured
Return
Total return+354.8%+146.5%EWYPrice change plus distributions, reinvested.
Annualized+7.7%+4.5%EWYTotal return as a yearly rate.
Price return+235.2%+50.4%EWYPrice change alone, distributions left out.
Risk
Volatility29.3%31.2%EWY (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation20.3%21.5%EWY (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−70.1%−68.0%KRE (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.340.24EWYReturn above Treasury bills per unit of volatility.
Sortino0.500.35EWYReturn above Treasury bills per unit of downside deviation.
Calmar0.110.07EWYAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,060 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, EWY and KRE hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EWY KRE
Only in one fund ↓
Only in EWY
SAMSUNG ELECTRONICS LTD 23.14%
SK HYNIX 23.11%
SK SQUARE 2.78%
SAMSUNG ELECTRO MECHANICS LTD 2.67%
KB FINANCIAL GROUP 2.06%
SHINHAN FINANCIAL GROUP 1.54%
HYUNDAI MOTOR 1.51%
HANA FINANCIAL GROUP 1.39%
Only in KRE
GLACIER BANCORP INC 1.20%
UNITED COMMUNITY BANKS 1.17%
BANK OZK 1.17%
COLUMBIA BANKING SYSTEM INC 1.17%
EASTERN BANKSHARES INC 1.16%
TEXAS CAPITAL BANCSHARES INC 1.16%
UNITED BANKSHARES INC 1.16%
VALLEY NATIONAL BANCORP 1.15%
Check overlap with more funds →

Side by side

EWY iShares MSCI South Korea ETF KRE State Street SPDR S&P Regional Banking ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI South Korea Tracks the S&P Regional Banking
Total return, 1 year +79.7% +21.2%
Its benchmark over the same days +16.3% (EEM) not measured
Gap to its benchmark +63.4 pts vs EEM not measured
Expense ratio 0.59% 0.35%
Already in the S&P 500 0.0% 6.6%
Holdings 78 167
Net assets, EWY as of Oct 28, 2026 and KRE as of Oct 27, 2026 $24.4bn $4.2bn

EWY and KRE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-0441C8A9CF

EWY and KRE do different jobs. What does each one do in a portfolio?

  1. What each follows. EWY follows MSCI Korea 25/50 Daily 25 Capped Index and KRE follows S&P Regional Banks Select Industry Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 EWY returned +79.7% and KRE +21.2% with distributions reinvested, a gap of 58.5 points.

Data as of Oct 28, 2026.

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About each fund
EWY

EWY tracks the MSCI South Korea. Over the year to Oct 28, 2026 it returned +79.7% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.59% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 78 positions, with the top ten at 60.9%. It sat 24.3% below its high of Jun 18, 2026 on Oct 28, 2026.

KRE

KRE tracks the S&P Regional Banking. Over the year to Oct 28, 2026 it returned +21.2% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 7% of the fund by weight is stocks the S&P 500 also holds, across 167 positions, with the top ten at 11.6%. It sat 6.9% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EWY or KRE?
In the year to Oct 28, 2026, with distributions reinvested, EWY returned +79.7% and KRE +21.2%.
Which is cheaper, EWY or KRE?
KRE is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EWY and KRE overlap with the S&P 500?
By their latest filed holdings, 0% of EWY and 7% of KRE by weight is stocks the S&P 500 already holds.
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ETFIQ, EWY against KRE, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewy-vs-kre

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