Bank ETF Overview

Bank ETFs cover financial institutions that are traditional depository institutions that borrow at short rates and lend at long rates. You won't see massive investment banks like Goldman Sachs or Morgan Stanley here; instead, you'll find names like Zion's Bancorp or Bank of Hawaii. Then again, there are still very large firms in this segment—names like J.P. Morgan and Wells Fargo make up a significant portion of the industry's market cap.

With 9 ETFs traded in the U.S. markets, Bank ETFs gather total assets under management of $4.67B. The average expense ratio is 0.57%. Bank ETFs can be found in the following asset classes:

  • Equity

The largest Bank ETF is the SPDR S&P Regional Banking ETF KRE with $1.79B in assets. In the last trailing year, the best performing Bank ETF was the KBWB at 5.94%. The most-recent ETF launched in the Bank space was the First Trust Nasdaq Bank ETF FTXO in 09/20/16.

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Financials ETFs In Flux

Investors have largely shunned banks, but have added to mortgage and insurance-focused funds. 

ETF Report

Sectors In Review: September 2019

Sector ETFs recorded largely positive performance during July.

ETF Report

ETF Explainer: KBE

U.S. banks have had a rough year relative to the broad market.

ETF Report

Sectors In Review: June 2019

Health care and real estate struggled during the month.

ETF Report

 Sectors In Review: May 2019

Sector ETFs had a mixed experience during the month.

ETF Report

 Sectors In Review: February 2019

December was uniformly disastrous for sector ETFs.

ETF Report

 Sectors In Review: September 2018

July was mostly positive for sector ETFs.

Daily ETF Watch

Bond ETF Trio Launches

Franklin Templeton's three new funds are all actively managed.

Features and News

ETF Of The Week: Regional Banking ETF 'KRE'

This fund's small banks stand to benefit most from Congress' Dodd-Frank rollback.