Data as of Oct 28, 2026.
KRE vs XBI: Differences, Returns & Fees
Over the year to Oct 28, 2026, KRE returned +21.2% to XBI's +41.2%.
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Net assets on Oct 27, 2026: $4.2bn for State Street SPDR S&P Regional Banking ETF and $10.3bn for State Street SPDR S&P Biotech ETF.
Pair scorecard
Both cost 0.35% a year; their one-year returns differ by 20.0 points; XBI is 2.5 times larger.
| Measure | KRE | XBI |
|---|---|---|
| Return | ||
| Total return, 1 year | +21.2% | +41.2% |
| Drawdown | ||
| Below its high | 6.9%, high on Aug 14, 2026 | |
| Below its all-time high | 8.9%, high on Feb 8, 2021 | |
| Benchmark | ||
| What it tracks | S&P Regional Banks Select Industry Index | Biotech |
| Cost and size | ||
| Expense ratio | 0.35% | 0.35% |
| Net assets, as of Oct 27, 2026 | $4.2bn | $10.3bn |
| Active share vs the S&P 500 | 98% | |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 11.6% | 18% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Jun 30, 2006 to Oct 23, 2026 · 1,060 weekly returnsXBI returned more: +934.4% to +146.5%. XBI swung slightly less: 29.4% to 31.2%. XBI fell slightly less at its worst: −61.5% to −68.0%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | KRE | XBI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +146.5% | +934.4% | XBI | Price change plus distributions, reinvested. |
| Annualized | +4.5% | +12.1% | XBI | Total return as a yearly rate. |
| Price return | +50.4% | +878.0% | XBI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 31.2% | 29.4% | XBI (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 21.5% | 20.0% | XBI (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −68.0% | −61.5% | XBI (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.24 | 0.48 | XBI | Return above Treasury bills per unit of volatility. |
| Sortino | 0.35 | 0.70 | XBI | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.07 | 0.20 | XBI | 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 XBI hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
KRE and XBI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
KRE and XBI do different jobs. What does each one do in a portfolio?
- What each follows. KRE follows S&P Regional Banks Select Industry Index and XBI follows Biotech.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 KRE returned +21.2% and XBI +41.2% with distributions reinvested, a gap of 20.0 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.
XBI
By weight, 13% of XBI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 18% of the fund across 165 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +41.2% with distributions reinvested. It sits 8.9% below its all-time high of Feb 8, 2021.
Questions people ask
- Are KRE and XBI in the same category?
- KRE is a stock ETF and XBI is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, KRE or XBI?
- In the year to Oct 28, 2026, with distributions reinvested, KRE returned +21.2% and XBI +41.2%.
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.
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ETFIQ, KRE against XBI, data as of Oct 28, 2026. https://etfiq.com/compare/any/kre-vs-xbi
ETFIQ. (Oct 28, 2026). KRE against XBI. Retrieved from https://etfiq.com/compare/any/kre-vs-xbi
[KRE against XBI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/kre-vs-xbi)
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