With 9 ETFs traded in the U.S. markets, Banks ETFs gather total assets under management of $5.36B. 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 $2.19B in assets. In the last trailing year, the best performing Banks ETF was the WDRW at 44.86%. The most-recent ETF launched in the Banks space was the First Trust Nasdaq Bank ETF FTXO in 09/20/16.
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.
Whether their outlook is bullish, bearish or in between, one thing advisors share in common are fears over U.S.-China trade.
