KRE Fees and Costs — State Street(R) SPDR(R) S&P(R) Regional Banking ETF
Data updated: 2026-09-11
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $245K in broker commissions, 0.0064% of average net assets, and portfolio turnover was 13%.
KRE Fees and Expenses
Annual operating expenses and sales charges of KRE. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
KRE Costs Over Time
On $10,000 invested in KRE, assuming 5% a year before costs, total costs come to $226 over 5 years, cutting the return by 0.37% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $37 | $123 | $226 |
| Value after costs | $10,463 | $11,453 | $12,537 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
KRE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0064%
- Total broker commissions: $245K
- Bought from dealers (principal trades, not a cost): $326.6M
- Portfolio turnover (prospectus): 13%
- Securities on loan, average value: $199.5M
- Net income from securities lending: $354K (0.009% of average net assets)
KRE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $79K | 32.57% |
| Citadel Securities LLC | $56K | 23.00% |
| UBS Securities LLC | $44K | 18.24% |
| Virtu Americas LLC | $34K | 14.16% |
| Barclays Capital Inc. | $12K | 4.95% |
| Morgan Stanley & Co. LLC | $9K | 3.58% |
| Fidelity Brokerage Services LLC | $3K | 1.36% |
| Goldman Sachs & Co. LLC | $2K | 0.92% |
| Nomura Securities International, Inc. | $2K | 0.79% |
| The Williams Capital Group, L.P. | $1K | 0.43% |
KRE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $326.6M | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.