Should You Invest in the SPDR S&P Capital Markets ETF (KCE)?
From Nasdaq:
The SPDR S&P Capital Markets ETF (KCE) is a passively managed fund offering exposure to the Financials – Brokers/Capital markets sector, launched in 2005. With low costs, transparency, and tax efficiency, ETFs are popular with investors seeking long-term investments. KCE aims to match the S&P Capital Markets Select Industry Index’s performance. Sector ETFs like this provide diversified exposure with low risk. KCE has $395.27 million in assets, 1.78% dividend yield, and a 0.35% expense ratio.
KCE has an approximate 2.55% YTD return and a 20.39% return over the last 12 months, with a beta of 1.21 and standard deviation of 22.87%. This ETF has 65 holdings which help spread company-specific risk. While KCE holds a Zacks ETF Rank of 4, there are better alternatives like the iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) with an expense ratio of 0.40%. Consider exploring other options in the Financials ETF segment.
Read more at Nasdaq: Should You Invest in the SPDR S&P Capital Markets ETF (KCE)?