KIE vs IBMR

Comparison between STATE STREET(R) SPDR(R) S&P(R) INSURANCE ETF (KIE, ETF) and ISHARES IBONDS DEC 2029 TERM MUNI BOND ETF (IBMR, ETF).

KIE vs IBMR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KIE(ETF)	IBMR(ETF)
Net Assets	$457M	$457M
Expense Ratio	0.35%	0.18%
Max Drawdown	76.17%	5.58%
Sharpe Ratio	0.56	-0.65
5Y Beta	0.52	0.02
P/E Ratio	12.57	N/A
Forward P/E	10.75	N/A
5Y Dividends CAGR	6.24%	N/A
5Y EPS CAGR	11.12%	N/A
Debt to Equity	33.46%	N/A
P/S Ratio	1.19	N/A
P/B Ratio	1.61	N/A

Net Assets

Winner

KIE

$457M

IBMR

$457M

Expense Ratio

KIE

0.35%

Winner

IBMR

0.18%

Max Drawdown

KIE

76.17%

Winner

IBMR

5.58%

Sharpe Ratio

Winner

KIE

0.56

IBMR

-0.65

5Y Beta

KIE

0.52

Winner

IBMR

0.02

P/E Ratio

KIE

12.57

IBMR

N/A

Forward P/E

KIE

10.75

IBMR

N/A

5Y Dividends CAGR

KIE

6.24%

IBMR

N/A

5Y EPS CAGR

KIE

11.12%

IBMR

N/A

Debt to Equity

KIE

33.46%

IBMR

N/A

P/S Ratio

KIE

1.19

IBMR

N/A

P/B Ratio

KIE

1.61

IBMR

N/A

KIE vs IBMR - Holdings Comparison

KIE and IBMR have 1 common holdings. Overlap is -0.07%

KIE's top 25 holdings weight is 49.14%. IBMR's top 25 holdings weight is 20.21%.

Rank	KIE	IBMR
#1	THE BALDWIN INSURANCE GROUP INC CLASS A (BWIN) - 2.33%	CALIFORNIA ST 5% (n/a) - 2.38%
#2	LEMONADE INC ORDINARY SHARES (LMND) - 2.08%	NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% (n/a) - 1.59%
#3	RYAN SPECIALTY HOLDINGS INC CLASS A (RYAN) - 2.06%	NEW YORK N Y 5% (n/a) - 1.57%
#4	PALOMAR HOLDINGS INC (PLMR) - 2.05%	ILLINOIS ST 5% (n/a) - 1.23%
#5	SKYWARD SPECIALTY INSURANCE GROUP INC (SKWD) - 2.05%	n/a (n/a) - 1.04%
#6	REINSURANCE GROUP OF AMERICA INC (RGA) - 2.01%	PENNSYLVANIA ST 5% (n/a) - 0.88%
#7	LINCOLN NATIONAL CORP (LNC) - 1.99%	n/a (n/a) - 0.83%
#8	ARTHUR J. GALLAGHER & CO (AJG) - 1.98%	n/a (n/a) - 0.71%
#9	GLOBE LIFE INC (GL) - 1.97%	CONNECTICUT ST 5% (n/a) - 0.71%
#10	BROWN & BROWN INC (BRO) - 1.96%	MARYLAND ST 5% (n/a) - 0.69%
#11	AXIS CAPITAL HOLDINGS LTD (AXS) - 1.95%	LOS ANGELES CALIF DEPT WTR & PWR REV 5% (n/a) - 0.68%
#12	PRIMERICA INC (PRI) - 1.94%	MASSACHUSETTS ST 5% (n/a) - 0.67%
#13	KEMPER CORP (KMPR) - 1.94%	CALIFORNIA ST PUB WKS BRD LEASE REV 5% (n/a) - 0.66%
#14	PRUDENTIAL FINANCIAL INC (PRU) - 1.93%	UNIVERSITY CALIF REVS 5% (n/a) - 0.65%
#15	OSCAR HEALTH INC CLASS A (OSCR) - 1.93%	PENNSYLVANIA ST TPK COMMN TPK REV 5% (n/a) - 0.61%
#16	GENWORTH FINANCIAL INC (GNW) - 1.92%	MASSACHUSETTS ST CLEAN WTR TR 5% (n/a) - 0.58%
#17	ASSURED GUARANTY LTD (AGO) - 1.91%	LOS ANGELES CALIF UNI SCH DIST 5% (n/a) - 0.56%
#18	THE TRAVELERS COMPANIES INC (TRV) - 1.91%	TEXAS WTR DEV BRD REV 5% (n/a) - 0.56%
#19	WILLIS TOWERS WATSON PLC (WTW) - 1.90%	OHIO ST 5% (n/a) - 0.56%
#20	ARCH CAPITAL GROUP LTD (ACGL) - 1.90%	CONNECTICUT ST SPL TAX OBLIG REV 5% (n/a) - 0.53%
#21	EVEREST GROUP LTD (EG) - 1.90%	NEW JERSEY ST 5% (n/a) - 0.53%
#22	ALLSTATE CORP (ALL) - 1.89%	HONOLULU HAWAII CITY & CNTY 5% (n/a) - 0.53%
#23	RLI CORP (RLI) - 1.89%	NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% (n/a) - 0.51%
#24	METLIFE INC (MET) - 1.88%	INDIANAPOLIS IND LOC PUB IMPT BD BK 5% (n/a) - 0.50%
#25	ASSURANT INC (AIZ) - 1.87%	INDIANA ST FIN AUTH REV 5% (n/a) - 0.45%
Total Holdings	54	702

KIE vs IBMR - Historical Returns

Returns include dividend reinvestment.

Period	KIE	IBMR
1 month	+9.32%	-0.08%
3 months	+9.48%	+0.18%
6 months	+9.96%	+0.01%
1 year	+13.79%	+2.62%
5 years(CAGR)	+12.75%	N/A
10 years(CAGR)	+12.31%	N/A
Max(CAGR)	+8.28%	+2.71%

Winner

KIE

+9.32%

IBMR

-0.08%

Winner

KIE

+9.48%

IBMR

+0.18%

Winner

KIE

+9.96%

IBMR

+0.01%

Winner

KIE

+13.79%

IBMR

+2.62%

5Y(CAGR)

KIE

+12.75%

IBMR

N/A

10Y(CAGR)

KIE

+12.31%

IBMR

N/A

Max(CAGR)

Winner

KIE

+8.28%

IBMR

+2.71%

KIE vs IBMR - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	KIE	IBMR
2026	+7.96%	+0.58%
2025	+8.86%	+4.28%
2024	+26.14%	+0.26%
2023	+12.19%	+3.46%
2022	+3.60%	N/A
2021	+26.07%	N/A
2020	-3.57%	N/A
2019	+27.82%	N/A
2018	-4.78%	N/A
2017	+12.51%	N/A
2016	+23.48%	N/A
2015	+6.62%	N/A
2014	+9.60%	N/A
2013	+42.28%	N/A
2012	+19.51%	N/A
2011	-14.08%	N/A
2010	+23.40%	N/A
2009	+26.36%	N/A
2008	-45.50%	N/A
2007	-5.95%	N/A
2006	+10.22%	N/A
2005	+0.20%	N/A

KIE vs IBMR Drawdown Comparison

The maximum drawdown for KIE was -75.31%, occurring on Mar 9, 2009. Recovery took 1510 trading sessions.

The maximum drawdown for IBMR was -4.83%, occurring on Oct 6, 2023. Recovery took 139 trading sessions.

The current KIE drawdown is -1.21%. The current IBMR drawdown is -0.67%.

Rank	KIE	IBMR
#1	-75.31% May 16, 2007 - May 15, 2013	-4.83% May 11, 2023 - Nov 29, 2023
#2	-44.30% Feb 14, 2020 - Mar 10, 2021	-3.25% Dec 27, 2023 - Aug 6, 2024
#3	-17.87% Sep 21, 2018 - Apr 16, 2019	-2.44% Feb 26, 2025 - Jun 26, 2025
#4	-15.69% Mar 29, 2022 - Nov 25, 2022	-2.11% Oct 2, 2024 - Feb 26, 2025
#5	-15.21% Dec 1, 2015 - May 24, 2016	-1.55% Feb 24, 2026 - Mar 24, 2026
#6	-15.10% Feb 13, 2023 - Sep 19, 2023	-0.88% Sep 17, 2025 - Dec 24, 2025
#7	-12.66% Nov 27, 2024 - Dec 22, 2025	-0.57% Aug 6, 2024 - Aug 21, 2024
#8	-11.81% Dec 24, 2025 - Jun 26, 2026	-0.43% Jul 23, 2025 - Jul 28, 2025
#9	-9.40% Aug 18, 2015 - Dec 1, 2015	-0.35% Aug 23, 2024 - Sep 6, 2024
#10	-9.37% Dec 31, 2013 - May 12, 2014	-0.23% Jan 9, 2026 - Jan 15, 2026
#11	-9.05% Oct 25, 2021 - Jan 11, 2022	-0.20% Aug 7, 2025 - Aug 11, 2025
#12	-8.86% Aug 4, 2017 - Oct 13, 2017	-0.18% Dec 24, 2025 - Jan 6, 2026
#13	-8.77% Jun 2, 2016 - Aug 8, 2016	-0.18% Aug 19, 2025 - Aug 26, 2025
#14	-8.74% Jan 11, 2022 - Mar 22, 2022	-0.16% Sep 6, 2024 - Sep 10, 2024
#15	-8.45% Jan 11, 2006 - Sep 25, 2006	-0.16% Sep 10, 2024 - Sep 16, 2024

Correlation

Correlation between KIE and IBMR is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2005 - 2026)

KIE vs IBMR dividend yield comparison.

Year	KIE	IBMR
2026	0.77%	1.26%
2025	1.57%	2.55%
2024	1.48%	2.53%
2023	1.45%	1.27%
2022	1.90%	0.00%
2021	1.95%	0.00%
2020	1.85%	0.00%
2019	1.76%	0.00%
2018	1.83%	0.00%
2017	1.56%	0.00%
2016	1.55%	0.00%
2015	1.65%	0.00%
2014	1.81%	0.00%
2013	1.38%	0.00%
2012	1.97%	0.00%
2011	1.67%	0.00%
2010	1.60%	0.00%
2009	1.42%	0.00%
2008	2.79%	0.00%
2007	1.83%	0.00%
2006	1.36%	0.00%
2005	0.21%	0.00%