With 8 ETFs traded in the U.S. markets, Banks ETFs gather total assets under management of $3.65B. 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 $1.25B in assets. In the last trailing year, the best performing Banks ETF was the KBWB at -22.36%. The most-recent ETF launched in the Banks space was the First Trust Nasdaq Bank ETF FTXO in 09/20/16.
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.
The problem with funds with bank-affiliated managers.
