(KIE) S&P Insurance - Overview
ETF Category: Financial | Exchange: NYSE ARCA (USA) | Market Cap: 462m USD | Total Return: 1.5% in 12m
Avg Turnover: 70.0M
Warnings
Choppy
Tailwinds
No distinct edge detected
The SPDR S&P Insurance ETF (KIE) tracks the S&P Insurance Select Industry Index using a sampling strategy, typically investing at least 80% of its assets in the indexs underlying securities. The fund focuses on the insurance segment of the S&P Total Market Index, providing exposure to a cross-section of the domestic insurance industry.
The insurance sector operates primarily on the float model, where companies collect premiums upfront and invest those funds before claims are paid out. This business model makes the sector sensitive to interest rate fluctuations, as higher rates generally increase the yield on the fixed-income portfolios held by insurers.
You may find further insights into these holdings by exploring the data on ValueRay. The ETF structure utilizes an equal-weighted methodology, which reduces concentration risk compared to market-cap-weighted financial funds.
- Rising interest rates increase investment income yields on fixed-income portfolios
- Elevated catastrophe losses from climate events pressure property and casualty margins
- Persistent inflationary trends drive up claims settlement costs and replacement values
- Equal-weighted index structure increases sensitivity to mid-cap insurance company performance
- Federal Reserve monetary policy shifts impact life insurance product demand and profitability
As of May 23, 2026, the stock is trading at USD 57.88 with a total of 1,145,121 shares traded.
Over the past week, the price has changed by +1.91%,
over one month by -0.54%,
over three months by +2.41% and
over the past year by +1.47%.
S&P Insurance has no consensus analysts rating.