KRSA is a publicly traded exchange-traded fund (ETF) that seeks investment results corresponding to the price and yield performance of the S&P 500 ex-Energy index. This means it provides exposure to large-cap U.S. companies while excluding those in the energy sector. The fund is managed by State Street Global Advisors and trades on the NYSE Arca. Investors often use KRSA to gain broad market exposure while avoiding energy stocks, which can be subject to commodity price volatility and regulatory risks.
KRSA's recent performance reflects the price movements of its underlying holdings, which are large-cap U.S. equities excluding energy companies. Since it tracks a broad index, its returns are driven by overall market trends, sector performance, and investor sentiment. For the most current performance figures, including recent daily, weekly, and monthly changes, please refer to the live data displayed on this page. Past performance does not guarantee future results, and investors should consider their own goals.
Because KRSA is an ETF, its valuation can be assessed by examining the aggregate valuation metrics of its underlying holdings, such as the price-to-earnings (P/E) ratio, price-to-book (P/B) ratio, and dividend yield. These metrics are often compared to broad market indices like the S&P 500 to gauge relative value. Additionally, the fund's net asset value (NAV) and market price premium or discount can indicate whether it is trading in line with its fair value. Consult the latest fund factsheet for precise figures.
To buy KRSA, you need a brokerage account that offers ETF trading. Most online brokers provide access to NYSE Arca-listed ETFs. Once your account is funded, you can place a market or limit order for KRSA shares during regular trading hours. Some brokers also allow fractional share purchases. Before trading, review the fund's prospectus, expense ratio, and holdings to ensure it aligns with your investment strategy. The minimum investment depends on the share price and your broker's policies.
KRSA is subject to market risk, meaning its value can decline due to broad economic or market downturns. Since it excludes energy companies, it may underperform the broader market during energy sector rallies. Concentration risk is limited because it holds many stocks, but sector-specific risks within the included sectors can still affect returns. Additionally, ETF-specific risks include tracking error, liquidity risk, and the potential for trading at a premium or discount to NAV. Interest rate changes can also impact valuations.
When analyzing KRSA, key metrics include the expense ratio, which affects net returns, and the fund's assets under management (AUM), which can indicate liquidity and viability. The P/E ratio and dividend yield of the underlying portfolio provide valuation and income context. Tracking difference and tracking error measure how closely the ETF follows its index. Also, review the holdings' sector allocation and top positions to understand exposure. These metrics help assess whether KRSA fits your investment objectives.