With 9 ETFs traded in the U.S. markets, Banks ETFs gather total assets under management of $4.45B. The average expense ratio is 0.57%. Banks ETFs can be found in the following asset classes:
The largest Banks ETF is the SPDR S&P Regional Banking ETF KRE with $1.68B in assets. In the last trailing year, the best performing Banks ETF was the WDRW at 56.15%. The most-recent ETF launched in the Banks space was the First Trust Nasdaq Bank ETF FTXO in 09/20/16.
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.
The problem with funds with bank-affiliated managers.
July was mostly positive for sector ETFs.
Between trade tensions and recession fears, 'XLF' has taken a drubbing.
This fund's small banks stand to benefit most from Congress' Dodd-Frank rollback.
March saw all of the ETFs in five key sectors end up in negative territory.
