State Street SPDR S&P Insurance ETF

KIE

Market cap $542M

If you're interested in broad exposure to the Financials - Insurance segment of the equity market, look no further than the State Street SPDR S&P Insurance ETF (KIE), a passively managed exchange traded fund launched on November 8, 2005.

State Street SPDR S&P Insurance ETF now trades at a lower P/E multiple (11x) versus IAK, making it relatively more attractive. KIE's small- and mid-cap focus offers greater growth potential but comes with lower dividend yields and profitability compared to larger peers. Specialty insurance exposure in KIE introduces idiosyncratic risk profiles, differentiating it from IAK's heavier P&C weighting.

The State Street SPDR S&P Insurance ETF (KIE) made its debut on 11/08/2005, and is a smart beta exchange traded fund that provides broad exposure to the Financials ETFs category of the market.

Volatility & insurance led gains last week! ETFs VIXI, UNG, KIE, KBWP & FLBR outperformed as AI sell-off and shutdown fears rattled Wall Street.

SPDR S&P Insurance ETF remains a "Buy," supported by a low P/E ratio and recent technical breakout. KIE offers diversified exposure to the insurance industry with a value tilt, and is poised for seasonal strength in October-November. Despite recent underperformance versus the S&P 500, KIE's fundamentals and rising dividends support a bullish outlook.

A smart beta exchange traded fund, the SPDR S&P Insurance ETF (KIE) debuted on 11/08/2005, and offers broad exposure to the Financials ETFs category of the market.

Over the last 100 trading days, or roughly five months, the S&P 500 Index (SPX) has surged more than 25%.

Looking for broad exposure to the Financials - Insurance segment of the equity market? You should consider the SPDR S&P Insurance ETF (KIE), a passively managed exchange traded fund launched on November 8, 2005.

After the industry's combined ratio improved by 5.1 percentage points in 2024 to an 11-year low of 96.5% due in large part to a spectacular fourth quarter for the personal lines, our outlook for 2025 and 2026 contemplates narrower profit margins. A decidedly more favorable operating environment in the private auto business, which accounted for 33.6% of US P&C industry direct premiums written in 2024, will have negative implications for top-line growth in 2025 and 2026 in particular, as some carriers have begun to lower rates.

A smart beta exchange traded fund, the SPDR S&P Insurance ETF (KIE) debuted on 11/08/2005, and offers broad exposure to the Financials ETFs category of the market.