Data as of Oct 28, 2026.
KRE vs VBR: Differences, Returns & Fees
Over the year to Oct 28, 2026, KRE returned +21.2% to VBR's +17.6%; 7% of their weight is in the same names.
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Net assets: $4.2bn on Oct 27, 2026 for State Street SPDR S&P Regional Banking ETF, and $35.1bn on Sep 30, 2026 for Vanguard Morningstar Small-Cap Value ETF.
Pair scorecard
VBR costs 0.30 points a year less; their one-year returns differ by 3.6 points; VBR is 9.5 times larger.
| Measure | KRE | VBR |
|---|---|---|
| Return | ||
| Total return, 1 year | +21.2% | +17.6% |
| Drawdown | ||
| Below its high | 6.9%, high on Aug 14, 2026 | 3.9%, high on Aug 14, 2026 |
| Benchmark | ||
| What it tracks | S&P Regional Banks Select Industry Index | Morningstar US Small Cap Value Index |
| Cost and size | ||
| Expense ratio | 0.35% | 0.05% |
| Net assets, as of Sep 30, 2026 | $3.7bn | $35.1bn |
| Holdings | ||
| Holdings in common | 7% | |
| Top ten holdings, share of the fund | 11.6% | 5.9% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Jun 30, 2006 to Oct 23, 2026 · 1,060 weekly returnsVBR returned more: +466.7% to +146.5%. VBR swung less: 22.6% to 31.2%. VBR fell slightly less at its worst: −61.3% to −68.0%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | KRE | VBR | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +146.5% | +466.7% | VBR | Price change plus distributions, reinvested. |
| Annualized | +4.5% | +8.9% | VBR | Total return as a yearly rate. |
| Price return | +50.4% | +266.4% | VBR | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 31.2% | 22.6% | VBR | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 21.5% | 15.9% | VBR | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −68.0% | −61.3% | VBR (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.24 | 0.42 | VBR | Return above Treasury bills per unit of volatility. |
| Sortino | 0.35 | 0.59 | VBR | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.07 | 0.14 | VBR | Annualized 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
By the books each fund has filed, KRE and VBR hold 7% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
7% in common
Only in one fund ↓
Side by side
KRE and VBR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
KRE and VBR do different jobs. What does each one do in a portfolio?
- What each follows. KRE follows S&P Regional Banks Select Industry Index and VBR follows Morningstar US Small Cap Value Index.
- Holdings in common. 7% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 KRE returned +21.2% and VBR +17.6% with distributions reinvested, a gap of 3.6 points.
Data as of Oct 28, 2026.
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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.
VBR
VBR tracks an index of Small-Cap Value. Over the year to Oct 28, 2026 it returned +17.6% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 30% of the fund by weight is stocks the S&P 500 also holds, across 822 positions, with the top ten at 5.9%. It sat 3.9% below its high of Aug 14, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, KRE or VBR?
- In the year to Oct 28, 2026, with distributions reinvested, KRE returned +21.2% and VBR +17.6%.
- Which is cheaper, KRE or VBR?
- VBR is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.
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, KRE against VBR, data as of Oct 28, 2026. https://etfiq.com/compare/any/kre-vs-vbr
ETFIQ. (Oct 28, 2026). KRE against VBR. Retrieved from https://etfiq.com/compare/any/kre-vs-vbr
[KRE against VBR (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/kre-vs-vbr)
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