Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
KRE vs MDY: how they differ
KRE and MDY hold 6% of their weight in the same names, and KRE returned more over the year.
State Street(R) SPDR(R) S&P(R) Regional Banking ETF and SPDR S&P MidCap 400 ETF Trust.
What they hold in common
By the books each fund has filed, KRE and MDY hold 6% of their money in the same securities at the same weight.
| Holding | KRE | MDY |
|---|---|---|
| EAST WEST BANCORP INC | 1.33% | 0.50% |
| PINNACLE FINANCIAL PARTNERS | 1.40% | 0.42% |
| FIRST HORIZON CORP | 1.31% | 0.33% |
| SOUTHSTATE BANK CORP | 1.44% | 0.29% |
| CULLEN/FROST BANKERS INC | 1.48% | 0.29% |
| WINTRUST FINANCIAL CORP | 1.28% | 0.29% |
| ZIONS BANCORP NA | 1.36% | 0.28% |
| UMB FINANCIAL CORP | 1.39% | 0.28% |
| OLD NATIONAL BANCORP | 1.38% | 0.25% |
| COLUMBIA BANKING SYSTEM INC | 1.30% | 0.25% |
| PROSPERITY BANCSHARES INC | 1.32% | 0.24% |
| WESTERN ALLIANCE BANCORP | 1.28% | 0.23% |
| Only in KRE | Only in MDY |
|---|---|
| CITIZENS FINANCIAL GROUP 1.41% | Twilio Inc. Class A 1.00% |
| M + T BANK CORP 1.40% | Illumina Inc. 0.86% |
| POPULAR INC 1.38% | TechnipFMC plc 0.86% |
| REGIONS FINANCIAL CORP 1.38% | Everpure Inc. Class A 0.84% |
| FULTON FINANCIAL CORP 1.36% | Okta Inc. Class A 0.81% |
| BOK FINANCIAL CORPORATION 1.35% | U.S. Dollar 0.80% |
| FIRST INTERSTATE BANCSYS A 1.34% | ATI Inc 0.77% |
| ATLANTIC UNION BANKSHARES CO 1.33% | nVent Electric plc 0.71% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| KRE State Street(R) SPDR(R) S&P(R) Regional Banking ETF | MDY SPDR S&P MidCap 400 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | State Street |
| What it is | SPDR S&P Regional Banking | S&P MidCap 400 |
| Total return, 1 year | +16.1% | +13.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −1.4 pts | −4.5 pts |
| Expense ratio | 0.35% | 0.23% |
| Already in the S&P 500 | 6.7% | 0.0% |
| Holdings | 160 | 401 |
KRE in plain words
KRE is an index equity fund tracking the SPDR S&P Regional Banking. Over the year to Sep 11, 2026 it returned +16.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Sep 10, 2026, 7% of the fund by weight is stocks the S&P 500 also holds, across 160 positions, with the top ten at 14.1%. It sat 5.2% below its high of Aug 14, 2026 on Sep 11, 2026.
MDY in plain words
MDY is an index equity fund tracking the S&P MidCap 400. Over the year to Sep 11, 2026 it returned +13.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.9%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, KRE or MDY?
- In the year to Sep 13, 2026, with distributions reinvested, KRE returned +16.1% and MDY returned +13.0%, so KRE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, KRE or MDY?
- KRE charges 0.35% a year and MDY charges 0.23%, so MDY is cheaper. Fees come from each fund's prospectus.
- How much do KRE and MDY overlap with the S&P 500?
- By their latest filed holdings, 7% of KRE and 0% of MDY by weight is stocks the S&P 500 already holds. Between the two funds, 6% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, KRE against MDY, data as of Sep 13, 2026. https://etfiq.com/compare/any/kre-vs-mdy Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources