Bank Etf
Because of its index mirroring property there is a complete transparency on the holdings of an etf.
Bank etf. Exchange traded fund etf is an investment fund traded on stock exchanges. Diversified banks are the etf s biggest source of exposure but you ll also find investments in asset management companies consumer finance specialists financial exchanges and a host of. Common etfs in the global financial sector include kbw bank etf ishares global financials etf.
Assets and average volume as of 2020 10 31 16 22 03 0400. Etfs are a great way to invest in a specific industry without having to corner the market on all the stocks in that sector. As its name implies kbw bank etf kbwb is a pure play etf for the banking industry.
Click on the tabs below to see more information on banks etfs including historical performance dividends holdings expense ratios technical indicators analysts reports and more. Total assets 1 54 b. Spdr s p bank etf.
Banks etfs invest in stocks of companies that do business as banks or thrifts which can include national money centers regional banks or thrifts. The bank etf universe is comprised of about 6 distinct etfs excluding inverse and leveraged etfs as well as funds with less than 50 million in assets under management aum the banking sector. In the last trailing year the best performing bank etf was the iat at 22 30.
Assets in thousands of u s. Equity etfs are passive investment instruments that are based on indices and invest in securities in same proportion as the underlying index. And as you know there are many advantages to investing in an industry etf instead of trying to manipulate an index basket.
Check your performance of etfs. Kbe etf 8. If you want to browse etfs with more flexible selection criteria visit our screener.