Probably the most talked about ETF of 2023 is the SPDR S&P Regional Banking ETF (ticker KRE). The US regional bank turmoil of failed banks and fleeing deposits has caused trading volume to hit records. Woes have engulfed the sector since early March amid concern that big unrealized losses on bond investments might push some of them to the brink, and four did in fact collapse. On "Bloomberg ETF IQ", Bloomberg's Matt Miller gives a breakdown of KRE.
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