SPDR S&P Insurance ETF (KIE)
| Assets | $981.93M |
| Expense Ratio | 0.35% |
| PE Ratio | 12.55 |
| Shares Out | 17.60M |
| Dividend (ttm) | $0.76 |
| Dividend Yield | 1.34% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 16.89% |
| 1-Year Return | +25.55% |
| Volume | 2,341,189 |
| Open | 55.87 |
| Previous Close | 56.09 |
| Day's Range | 55.70 - 57.25 |
| 52-Week Low | 44.71 |
| 52-Week High | 62.47 |
| Beta | 0.87 |
| Holdings | 53 |
| Inception Date | Nov 8, 2005 |
About KIE
Fund Home PageThe SPDR S&P Insurance ETF (KIE) is an exchange-traded fund that is based on the S&P Insurance Select Industry index. The fund tracks an equal-weighted-index of insurance companies, as defined by GICS. KIE was launched on Nov 8, 2005 and is issued by State Street.
Top 10 Holdings
22.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Unum Group | UNM | 2.54% |
| Goosehead Insurance, Inc | GSHD | 2.38% |
| AXIS Capital Holdings Limited | AXS | 2.22% |
| White Mountains Insurance Group, Ltd. | WTM | 2.15% |
| Brighthouse Financial, Inc. | BHF | 2.15% |
| Markel Group Inc. | MKL | 2.15% |
| CNO Financial Group, Inc. | CNO | 2.15% |
| RLI Corp. | RLI | 2.15% |
| Assurant, Inc. | AIZ | 2.14% |
| Assured Guaranty Ltd. | AGO | 2.11% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2024 | $0.168 | Sep 25, 2024 |
| Jun 24, 2024 | $0.178 | Jun 26, 2024 |
| Mar 18, 2024 | $0.194 | Mar 21, 2024 |
| Dec 18, 2023 | $0.219 | Dec 21, 2023 |
| Sep 18, 2023 | $0.157 | Sep 21, 2023 |
| Jun 20, 2023 | $0.151 | Jun 23, 2023 |
News
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KIE: The Valuation Case Is Still Compelling After The Rally
Insurance inflation is easing, with auto insurance seeing deflation in some areas, while home insurance remains high in disaster-prone regions. SPDR S&P Insurance ETF is rated a buy due to its low P/E...
KIE: Insurance Never Dies
Investing in the insurance sector is a smart idea due to its resilience and steady cash flows. The SPDR® S&P Insurance ETF provides exposure to the insurance industry and is less sensitive to inflatio...
Insurance - Own The Hidden Gems In Financial Services - As Opposed To KIE
Insurance and reinsurance companies are often overlooked and undercovered by investors. The sector has shown strong performance recently, outperforming the broader financial services group. The insura...
KIE: Caution As Dividend Yield Dips To Decade Low
Insurance stocks have been big winners amid record earnings with climbing coverage premiums in recent years. The KIE ETF is currently trading at an all-time high, but industry valuations appear stretc...
KIE: The (Investment) Climate Is Changing - Better Get Some Insurance
S&P Insurance ETF is a stable investment option in a volatile market, particularly due to the growth potential of the insurance sector. Insurance companies are implementing proactive risk management m...
North Western Lift to be bought out by a Prosperity Life affiliate for $500 a share
National Western Life Group Inc. NWLI, -0.67% announced an agreement Monday to be acquired by Prosperity Life Group affiliate S. USA Life Insurance company in a cash deal valued at $1.9 billion.
KIE: Insurance Is Still A Winner
KIE benefits from higher interest rates and offers exposure to insurance reserve portfolios gaining as they rollover at higher rates. KIE equities are not that risky, and benefit from low PEs. While t...
Regional Banking Concerns Produce Financial Services ETF Outflows
Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...
KIE: Is Equal Weighting Insurance Stocks Costing You Money?
KIE: Is Equal Weighting Insurance Stocks Costing You Money?
Insurance sector also taking a beating as bank stocks keep selling off
The crisis of investors confidence in banks has spilled over to the insurance sector, which has taken a beating in the past week. The SPDR S&P Insurance exchange-traded fund KIE, -3.10% slid 3.2% in m...
KIE: Higher For Longer
Insurance is the only equity industry without a direct link with commodities that posted a positive return in 2022. Insurance stocks profit from higher rates.
Spotlight: Insurance ETF Beats Market as Rates Jump
iShares' IAK soars on rising company profits, helpful Fed moves and a stable industry.
KIE: An Attractive Relative Return Investment In A Rough Climate
As a group, insurance stocks historically have been attractive during rising rate cycles. KIE tracks the performance of the S&P Insurance Select Industry Index.
IAK Vs. KIE: Which U.S. Insurance ETF Is The Better Buy?
Insurance stocks become more attractive when rates rise, and IAK and KIE are two ETFs worth considering. Unfortunately, they aren't cheap, with expense ratios of 0.42% and 0.35%, respectively. They di...
Active Traders to Focus on Insurance Stocks in 2021
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Charts Suggest That Insurance Stocks Are Headed Higher
Bullish chart patterns suggest that the insurance sector could be poised for a move higher over the final weeks of 2020.
Financial Sector Finds In October 12 Select List
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3 Charts That Suggest Insurance Stocks Are Headed Higher
The insurance industry has lagged broader markets, but these chart patterns suggest that the sector could be poised for a strong performance.
As Chaos Rules, New York’s Commercial Real Estate Market Remains An Attractive Short
When I wrote this Forbes column about plays to short New York City—I mentioned REITs SL Green and Empire State Realty Trust—I had no idea that that still-inscrutable decision by certain New York Democ...