With 5 ETFs traded on the U.S. markets, Banks ETFs have total assets under management of $1.57B. The average expense ratio is 0.63%. Banks ETFs can be found in the following asset classes:
The largest Banks ETF is the Invesco KBW Bank ETF KBWB with $1.29B in assets. In the last trailing year, the best-performing Banks ETF was BNKD at 55.33%. The most recent ETF launched in the Banks space was the Roundhill Big Bank ETF BIGB on 03/21/23.
Plus, the banking industry turmoil has been a boon for the gold market.
The German bank led losses across European banks on Friday.
Some investors might look at big banks’ growing deposits and lower stock prices and see an opportunity.
Pimco lost more than $300 million, according to reports.
Astoria Portfolio Advisors CEO shares the most common questions his firm is getting as global financial institutions are facing pressure.
Vance Barse and Rita Cheng are telling their clients there’s no need to do anything rash.
Here’s where investors have been putting their money since the collapse of Silicon Valley Bank.
Government emergency steps may be bullish for regional bank ETFs
The fund gets its exposure via swaps as well as direct ownership of securities.