From the chart below, you can see that KRE got off to a slow start in 2016 but climbed sharply in November from around $42 to $56, or 33%, in the last few months. For comparison, the financial sector’s overall one-year return is 31.62% and the S&P 500’s one-year return is 17.45%.



As a non-diversified fund, KRE is 100% invested in the financial industry. It has close to 90 holdings in its portfolio, without going over 5% in any one single holding.