The Most Talked About ETF of 2023: KRE

The video discusses the Spider S&P Regional Banking ETF (KRE), highlighting its recent trading volume records amid regional bank turmoil. It covers the challenges faced by the banking sector, including unrealized losses and bank collapses. The KRE ETF's performance reflects the volatility in regional bank stocks, with a focus on its expense ratio, asset holdings, and notable banks like New York Community Bank. The ETF is rated positively by Bloomberg Intelligence, despite some warnings.

What is the ticker symbol for the Spider S&P Regional Banking ETF?

• IWM

• KRE

• XLF

• SPY

What major concern has affected the regional banking sector since early March?

• High interest rates

• Unrealized losses on bond investments

• Increased competition from fintech

• Regulatory changes

How many banks collapsed due to the turmoil in the regional banking sector?

• Four

• Five

• Three

• Two

What is the expense ratio of the KRE ETF?

• 35 basis points

• 25 basis points

• 40 basis points

• 30 basis points

Which of the following is a notable holding in the KRE ETF?

• Goldman Sachs

• New York Community Bank

• Bank of America

• JPMorgan Chase