KRE - KRE: Regional Banks Unlikely To Deliver Alpha
2024-05-06 21:10:57 ET
Summary
- The article evaluates the SPDR S&P Regional Banking ETF as an investment option at its current market price.
- The regional banking sector has become more volatile, with commercial real estate proving to be a major thorn in its side.
- I view the underlying sector as too risky and urge caution with regional bank exposure.
Main Thesis & Background
The purpose of this article is to evaluate the SPDR S&P Regional Banking ETF ( KRE ) as an investment option at its current market price. This is a fund with an objective to "provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Regional Banks Select Industry Index"....
KRE: Regional Banks Unlikely To Deliver Alpha