Is State Street SPDR S&P Bank ETF (KBE) a Strong ETF Right Now?

KBE is a smart beta ETF launched in 2005 that provides broad exposure to the banking sector with a low expense ratio of 0.35% and a 12-month dividend yield of 2.16%. The fund has gained 13.24% year-to-date and 13.63% over the past year, but carries high risk with a beta of 0.88 and standard deviation of 24.56%. With 105 holdings primarily in the Financials sector, it offers diversification but investors should consider alternatives like PBEU and KBWB.