Which returned more over the last year, KBWB or KRE?

In the year to Oct 28, 2026, with distributions reinvested, KBWB returned +18.4% and KRE +21.2%.

Which is cheaper, KBWB or KRE?

Neither: KBWB and KRE both charge 0.35% a year. Fees come from each fund's prospectus.

How much do KBWB and KRE overlap with the S&P 500?

By their latest filed holdings, 92% of KBWB and 7% of KRE by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

KBWB vs KRE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, KBWB returned +18.4% to KRE's +21.2%; 11% of their weight is in the same names.

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Net assets on Oct 27, 2026: $6.7bn for Invesco KBW Bank ETF and $4.2bn for State Street SPDR S&P Regional Banking ETF.

KBWB on its own →KRE on its own →

At a glance

+18.4%

KBWB total return, 1 year

+21.2%

KRE total return, 1 year

0.35%

KBWB expense ratio

0.35%

KRE expense ratio

Pair scorecard

Both cost 0.35% a year; their one-year returns differ by 2.8 points; KBWB is 1.6 times larger.

Points (pts) are percentage points.

KBWB vs KRE: Differences, Returns & Fees
Measure	KBWB	KRE
Return
Measure	KBWB	KRE
Total return, 1 year	+18.4%	+21.2%
Drawdown
Measure	KBWB	KRE
Below its high	10.1%, high on Aug 14, 2026	6.9%, high on Aug 14, 2026
Benchmark
Measure	KBWB	KRE
What it tracks	KBW Nasdaq Bank Index	S&P Regional Banks Select Industry Index
Cost and size
Measure	KBWB	KRE
Expense ratio	0.35%	0.35%
Net assets, as of Oct 27, 2026	$6.7bn	$4.2bn
Holdings
Measure	KBWB	KRE
Holdings in common	11%
Top ten holdings, share of the fund	59.3%	11.6%

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

Risk and return

Nov 11, 2011 to Oct 23, 2026 · 780 weekly returns

KBWB KRE

Return

Total return edge KBWB +505.7% +333.2%

Annualized edge KBWB +12.8% +10.3%

Price return edge KBWB +328.4% +207.0%

Risk

Volatility edge KBWB (slight) 26.5% 27.8%

Max drawdown edge KBWB (slight) −48.6% −52.6%

Risk-adjusted

Sharpe edge KBWB 0.52 0.43

Sortino edge KBWB 0.76 0.63

Calmar edge KBWB 0.26 0.20

Reading

KBWB returned more: +505.7% to +333.2%. KBWB swung slightly less: 26.5% to 27.8%. KBWB fell slightly less at its worst: −48.6% to −52.6%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: KBWB vs KRE: Differences, Returns & Fees
Measure	KBWB	KRE	Edge	How it is measured
Return
Total return	+505.7%	+333.2%	KBWB	Price change plus distributions, reinvested.
Annualized	+12.8%	+10.3%	KBWB	Total return as a yearly rate.
Price return	+328.4%	+207.0%	KBWB	Price change alone, distributions left out.
Risk
Volatility	26.5%	27.8%	KBWB (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	18.1%	18.9%	KBWB (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−48.6%	−52.6%	KBWB (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.52	0.43	KBWB	Return above Treasury bills per unit of volatility.
Sortino	0.76	0.63	KBWB	Return above Treasury bills per unit of downside deviation.
Calmar	0.26	0.20	KBWB	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 780 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

11%

By the books each fund has filed, KBWB and KRE hold 11% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

11% in common

Positions both hold · largest shared weight first KBWB KRE

East West Bancorp Inc 2.24% 1.15%

Pinnacle Financial Partners Inc 1.88% 1.13%

Truist Financial Corp 4.20% 1.08%

Zions Bancorp NA 1.19% 1.08%

Regions Financial Corp 3.02% 1.07%

First Horizon Corp 1.38% 1.06%

Huntington Bancshares Inc 3.95% 1.06%

Citizens Financial Group Inc 3.42% 1.05%

M&T Bank Corp 3.98% 1.04%

Western Alliance Bancorp 1.04% 1.07%

Only in one fund ↓

Only in KBWB

Wells Fargo & Co 8.21%

JPMorgan Chase & Co 8.13%

Goldman Sachs Group Inc 7.62%

Morgan Stanley 7.51%

Bank of America Corp 7.02%

Fifth Third Bancorp 4.27%

US Bancorp 4.16%

PNC Financial Services Group Inc 4.11%

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

KBWB Invesco KBW Bank ETF KRE State Street SPDR S&P Regional Banking ETF

Where it sits Stock ETF Stock ETF

Issuer Invesco State Street

What it is Tracks an index Tracks the S&P Regional Banking

Total return, 1 year +18.4% +21.2%

Its benchmark over the same days +13.7% (VOO) not measured

Gap to its benchmark +4.7 pts vs VOO not measured

Expense ratio 0.35% 0.35%

Already in the S&P 500 92.5% 6.6%

Holdings 28 167

Net assets, as of Oct 27, 2026 $6.7bn $4.2bn

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

Client brief · page 1 of 2 Report BR-70C340EAB9

KBWB and KRE are built for the same job. How do they differ in cost, holdings and results?

What each follows. KBWB follows KBW Nasdaq Bank Index and KRE follows S&P Regional Banks Select Industry Index.
Holdings in common. 11% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 KBWB returned +18.4% and KRE +21.2% with distributions reinvested, a gap of 2.8 points.

Data as of Oct 28, 2026.

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About each fund

KBWB

KBWB tracks an index. Over the year to Oct 28, 2026 it returned +18.4% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 28 positions, with the top ten at 59.3%. It sat 10.1% below its high of Aug 14, 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. 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, KBWB or KRE?: In the year to Oct 28, 2026, with distributions reinvested, KBWB returned +18.4% and KRE +21.2%.
Which is cheaper, KBWB or KRE?: Neither: KBWB and KRE both charge 0.35% a year. Fees come from each fund's prospectus.
How much do KBWB and KRE overlap with the S&P 500?: By their latest filed holdings, 92% of KBWB and 7% of KRE by weight is stocks the S&P 500 already holds.

Other comparisons

FNCL vs KBWB KBWB vs VFH IAI vs KBWB KBWB vs XLF KRE vs VFH KRE vs XLF IYF vs KRE FNCL vs KRE

Where to next

KBWB on its own →KRE on its own →Hold both: look the portfolio through →Rankings →KBWB dividend history →KBWB holdings →KRE dividend history →KRE holdings →Standards and sources →

Sources and dates

KBWB filings on SEC EDGAR ↗

KBWB prospectus with the expense ratio (SEC) ↗

Invesco page for KBWB ↗

KRE filings on SEC EDGAR ↗

KRE prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, KBWB against KRE, data as of Oct 28, 2026. https://etfiq.com/compare/any/kbwb-vs-kre

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.