State Street SPDR S&P Capital Markets ETF (KCE) is a financial sector ETF. As of October 9, 2026, ETF Copilot scores KCE 4.9 out of 10 — highest on Return (7.4), lowest on Risk (2.0). It trades at 18.3 times earnings, against its own median of 18.3. Its ten largest holdings are 17% of the fund.
What stands out in KCE's data
Tracks US capital markets firms within the financial sector.
Has outpaced most financial-sector peers over the last three years — stronger recent returns in a single ticker.
A 3-year annualized return of 24% sits ahead of the category median of 21%. Volatility runs at 23.1%, and return on invested capital is a low 7.0%.
Adds concentrated exposure to US investment banks and brokers, at a premium valuation.
Why did KCE move this week? It rose 0.5% in the week to October 9, 2026 — Cboe and Morningstar drove it
KCE rose 0.5% in the week to October 9, 2026. The holdings that moved it most were Cboe (+12.1%), Morningstar (+11.4%) and Tradeweb Markets (+8.7%); Galaxy Digital (−11.8%) pushed the other way.
How is KCE rated? ETF Copilot scores State Street SPDR S&P Capital Markets ETF (KCE) 4.9 out of 10
As of October 9, 2026, ETF Copilot scores State Street SPDR S&P Capital Markets ETF (KCE) 4.9 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.9 / 10
- Growth: 5.6 / 10
- Value: 4.7 / 10
- Risk: 2.0 / 10
- Quality: 3.2 / 10
- Return: 7.4 / 10
Is KCE expensive right now? It trades at 18.3 times earnings, against its own median of 18.3
As of October 9, 2026, KCE is more expensive than 52% of its own last 9 years.
Trailing 12 months, built from KCE's holdings. How we calculate this →
What's inside KCE?
What's inside KCE: Size (Large 34%, Mid 33%, Small 33%); Geography (International 1%, US 99%); Tech 1.9%.
What are KCE's top holdings? The ten largest are 17% of the fund
Wealthfront, Affiliated Managers, Tradeweb Markets, Sharplink, Factset Research Systems, Donnelley Financial Solution, Morningstar, Msci, Acadian Asset Management and Cboe Global Markets are KCE's largest holdings, in that order.
Less concentrated than 75% of Financials ETFs.
Half of KCE's weight sits in its 31 largest positions, and once those weights are taken into account it behaves like 65 equally weighted holdings.
What is KCE's expense ratio? 0.35% a year
As of October 9, 2026, KCE charges 0.35% a year, yields 1.74% and holds $507M in assets across 66 positions.
| Measure | KCE |
|---|---|
| Expense ratio | 0.35% |
| Dividend yield | 1.74% |
| Assets under management | $507M |
| Holdings | 66 |
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 Capital Markets ETF (KCE) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/kce
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