KRE vs VOO
State Street SPDR S&P Regional Banking ETF vs Vanguard S&P 500 ETF
Which is better, KRE or VOO?
Small Cap Value against Large Cap Blend.
VOO has a lower expense ratio. KRE led over 3Y, VOO over 1Y, 5Y and the full window. KRE is less concentrated, with 13.9% of the fund in its ten largest positions against 36.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | KRE | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $4.1B | $997.4B |
| Dividend Yield | 2.17% | 1.04% |
| Holdings | 161 | 509 |
| YTD Return | +14.46%Best | +11.55% |
| 1Y Return | +16.46% | +17.54%Best |
| 3Y Return (annualized) | +22.61%Best | +20.71% |
| 5Y Return (annualized) | +5.74% | +12.80%Best |
| Volatility (annualized) | 25.8% | 14.1%Best |
| Max Drawdown | -57.2% | -34.3%Best |
| $10,000 over 5 years | $13,219 | $18,262Best |
| Top 10 Weight | 13.9%Best | 36.4% |
| Fund Family | State Street Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Jun 19, 2006 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 10, 2026 (16 years).
KRE vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
KRE vs VOO Performance
State Street SPDR S&P Regional Banking ETF (KRE) is an ETF from State Street Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year KRE returned +16.46% while VOO returned +17.54%. Year to date, KRE is up 14.46% versus a gain of 11.55% for VOO.
Over three years, KRE compounded at +22.61% per year against +20.71% for VOO; over five years the annualized figures are +5.74% and +12.80% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +8.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KRE has been the more volatile fund, with annualized monthly volatility of 25.8% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -57.2% for KRE and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KRE charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, KRE currently yields 2.17% against 1.04% for VOO.
Holdings Overlap
6.7% of KRE's money is in holdings VOO also owns. 0.3% of VOO's money is in holdings KRE also owns.
KRE and VOO share little of their money.
5 positions in common, counted across the 160 positions we hold weights for in KRE and 505 in VOO, against full books of 161 and 509.
What only one of them owns
Our book lists 491 positions for VOO that do not appear in our book for KRE (99.1% of the fund), and 152 for KRE that do not appear in VOO (91.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of KRE and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, KRE or VOO?
KRE has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, KRE or VOO?
Over the past year KRE returned +16.46% vs +17.54% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), KRE annualized +8.71% vs +13.35% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KRE or VOO?
KRE has been the more volatile fund at 25.8% annualized versus 14.1% for VOO. Worst drawdown: KRE -57.2% vs VOO -34.3%.
Should I hold both KRE and VOO?
KRE and VOO have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between KRE and VOO?
6.7% of KRE's money is in holdings VOO also owns. 0.3% of VOO's is in holdings KRE also owns. They hold 5 positions in common, counted across the 160 positions we hold weights for in KRE and 505 in VOO.
Which pays a higher dividend, KRE or VOO?
KRE yields 2.17% while VOO yields 1.04%, so KRE currently pays the higher dividend yield.
Is VOO better than KRE?
VOO has a lower expense ratio. KRE led over 3Y, VOO over 1Y, 5Y and the full window. KRE is less concentrated, with 13.9% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.