State Street SPDR S&P Bank ETF (KBE) is a financial sector ETF. As of October 28, 2026, ETF Copilot scores KBE 3.8 out of 10 — highest on Growth (6.1), lowest on Quality (0.3). It trades at 12.6 times earnings, against its own median of 12.2. Its ten largest holdings are 10% of the fund.
What stands out in KBE's data
An ETF tracking US bank stocks in the S&P financials sector.
Earns less on its capital than most banking peers — its edge has to come from elsewhere.
Return on equity of 10.7% trails the 17.4% category median, behind most peers, though analysts expect earnings to grow 18% in the year ahead.
Adds targeted exposure to US banks, but with lower profitability than peers.
Why did KBE move this week? It rose 2.1% in the week to October 28, 2026 — Customers Bancorp and Texas Capital Bancshares drove it
KBE rose 2.1% in the week to October 28, 2026. The holdings that moved it most were Customers Bancorp (+13.6%), Texas Capital Bancshares (+11.6%) and First Citizens Bancshares (+8.7%); Flagstar Financial (−8.2%) pushed the other way.
How is KBE rated? ETF Copilot scores State Street SPDR S&P Bank ETF (KBE) 3.8 out of 10
As of October 28, 2026, ETF Copilot scores State Street SPDR S&P Bank ETF (KBE) 3.8 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.8 / 10
- Growth: 6.1 / 10
- Value: 5.0 / 10
- Risk: 1.4 / 10
- Quality: 0.3 / 10
- Return: 4.6 / 10
Is KBE expensive right now? It trades at 12.6 times earnings, against its own median of 12.2
As of October 28, 2026, KBE is more expensive than 58% of its own last 9 years.
Trailing 12 months, built from KBE's holdings. How we calculate this →
What's inside KBE?
What's inside KBE: Size (Large 12%, Mid 35%, Small 53%); Geography (International 1%, US 99%).
What are KBE's top holdings? The ten largest are 10% of the fund
First Citizens Bancshares, Customers Bancorp, Central Bancompany, Glacier Bancorp, United Community Banks/ga, Cathay General Bancorp, United Bankshares, Texas Capital Bancshares, Columbia Banking System and N B T Bancorp are KBE's largest holdings, in that order.
Less concentrated than 93% of Financials ETFs.
Half of KBE's weight sits in its 52 largest positions, and once those weights are taken into account it behaves like 107 equally weighted holdings.
What is KBE's expense ratio? 0.35% a year
As of October 28, 2026, KBE charges 0.35% a year, yields 2.24% and holds $1.5B in assets across 107 positions.
| Measure | KBE |
|---|---|
| Expense ratio | 0.35% |
| Dividend yield | 2.24% |
| Assets under management | $1.5B |
| Holdings | 107 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “State Street SPDR S&P Bank ETF (KBE) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/kbe
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