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Bank ETFs Compared: KBWB vs KRE
KBWB and KRE use different index methods, creating distinct risk and exposure profiles for investors.
In brief
KBWB and KRE use different index methods, creating distinct risk and exposure profiles for investors. KBWB tracks large banks with higher volatility, while KRE offers equal-weight regional banks with higher yield but greater risk. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Fund Structure Differences
KBWB tracks the KBW Nasdaq Bank Index using market-cap weighting, while KRE uses modified equal-weighting for regional banks.
Portfolio Composition
KBWB holds 28 holdings with 27 long positions and 1 short position, while KRE maintains 141 holdings with quarterly rebalancing.
Top Holdings Concentration
KBWB’s top ten holdings represent 61.2% of assets, with JPMorgan Chase & Co. at 8.15%.
Yield and Dividend Profiles
KBWB offers a 1.93% trailing dividend yield, while KRE provides a 2.18% 30-day SEC yield as of May 1, 2026.
Risk and Volatility
KBWB has a beta of 1.02 and 23.33% standard deviation, while KRE faced a -45.2% drawdown over five years.
Asset Management and Liquidity
KBWB manages $6.13 billion in assets with 10% turnover, while KRE handles $3.4 billion with 51% turnover and higher trading volume.
The key point
KBWB tracks large banks with higher volatility, while KRE offers equal-weight regional banks with higher yield but greater risk.
