With 8 ETFs traded on the U.S. markets, Banks ETFs have total assets under management of $8.42B. The average expense ratio is 0.50%. Banks ETFs can be found in the following asset classes:
The largest Banks ETF is the SPDR S&P Bank ETF KBE with $3.11B in assets. In the last trailing year, the best-performing Banks ETF was KRE at 7.23%. The most recent ETF launched in the Banks space was the First Trust Nasdaq Bank ETF FTXO on 09/20/16.
As the U.S.' biggest bank reports earnings, we look at which ETFs hold its stock.
Many of the U.S.' biggest banks report earnings this week. Which financials ETFs will see the biggest impact?
Sector ETFs did fairly well during the month, with a few exceptions
Investors have largely shunned banks, but have added to mortgage and insurance-focused funds.
Sector ETFs recorded largely positive performance during July.
U.S. banks have had a rough year relative to the broad market.
Health care and real estate struggled during the month.
Sector ETFs had a mixed experience during the month.
December was uniformly disastrous for sector ETFs.
