This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Top 10 U.S. Financial Sector ETFs

VFH (Vanguard Financials ETF) tracks the MSCI US Investable Market Financials 25/50 Index. The fund was launched in January 2004. The expense ratio is .25%. AUM equal $600M with average daily trading volume of less than 130K shares. The annual dividend is $.13 making the current yield as of June 2011 .42% with YTD performance -5.00%.

Data as of June 2011

VFH Top Ten Holdings & Weightings

  1. JP Morgan Chase & Co (JPM):                                     7.56%
  2. Wells Fargo Company (WFC):                                     6.63%
  3. Bank of America Corp (BAC):                                      5.64%
  4. Citigroup, Inc. (C):                                                       5.38%
  5. Goldman Sachs Group, Inc. (GS):                               3.22%
  6. Berkshire Hathaway Inc B (BRK.B):                             3.09%
  7. U.S. Bancorp (USB):                                                    2.13%
  8. American Express Company (AXP):                             2.05%
  9. MetLife Inc. (MET):                                                       1.98%
  10. Morgan Stanley (MS):                                                  1.56%

 

KRE (SPDR KBW Regional Banking ETF) follows the KBW Regional Banking Index. Launched in June 2006 the index uniquely consists of an equally weighted index of regional bank issues. The expense ratio is .35%. AUM equal $560 million while average daily trading volume is a high 2.3 million shares. The high volume means more speculation within the sector given more options trading and the employment of long/short strategies. The annual dividend is currently $.31 making the current yield as of June 2011 roughly 1.25% with total YTD performance -7.7%.

Data as of June 2011

KRE Top Ten Holdings & Weightings

  1. SVB Financial Group (SIVB):                                       2.89%
  2. Whitney Holding Corporation (WTNY):                        2.73%
  3. Associated Banc-Corp (ASBC):                                   2.64%
  4. Community Bank System (CBU):                                  2.59%
  5. First Midwest Bancorp (FMBI):                                       2.48%
  6. CVB Financial Corporation (CVBF):                             2.45%
  7. Wintrust Financial Corp (WTFC):                                 2.45%
  8. Webster Financial Corp (WBS):                                   2.41%
  9. Boston Private Financial Holdings Inc (BPFH):            2.40%
  10. Sterling Bancshares, Inc. (SBIB):                                 2.40%

IYF (iShares Dow Jones U.S. Financial Sector ETF) tracks the index of the same name but is broader than just the banking sector. It was launched in May 2000. The expense ratio is higher than most at .48%. AUM exceeds $460M with average daily trading volume of 540K shares.

As with other sectors, remember ETF sponsors must issue and their interests arenâ¿¿t aligned with yours. They have a business interest and wish to have a competitive presence in any popular sector. The dividend is $.58 making the current yield as of June 2011 near 1% with YTD performance of -5.83%.

Data as of June 2011

IYF Top Ten Holdings & Weightings

  1. JPMorgan Chase & Co (JPM):                         7.34%
  2. Wells Fargo Company (WFC):                         6.14%
  3. Citigroup Inc (C):                                             5.18%
  4. Bank of America Corp DE (BAC):                     5.15%
  5. Berkshire Hathaway Inc B (BRK.B):                 3.31%
  6. Goldman Sachs Group, Inc. (GS):                   2.63%
  7. American Express Company (AXP):                 2.39%
  8. U.S. Bancorp (USB):                                        2.13%
  9. Visa, Inc. (V)                                                    1.74%
  10. MetLife Inc. (MET):                                         1.58%

 

PSP (PowerShares Listed Private Equity ETF) tracks the Global Listed Private Equity Index. This is a much more unique or niche area of the financial sector including global private banks, investment companies, venture capitalists, brokers and others. These consist of between 40-60 publicly listed companies whose principal business is to invest in and lend capital to privately held companies or what some would term ⿿merchant banking⿝. The expense ratio is .60% which is higher than the group but is a more specialized ETF. AUM exceeds $425M and averaged daily trading volume is roughly 265K shares. The dividend is currently $1.52 (which may include onetime factors) making the current yield nearly 15% as of June 2011. The YTD return as of June 2011 is -5.30%.

Data as of June 2011

PSP Top Ten Holdings & Weightings

  1. Leucadia National Corporation (LUK):                          5.05%
  2. Ratos AB (RATO B):                                                    5.03%
  3. SPDR S&P 500 (SPY):                                                 4.94%
  4. Financial Select Sector SPDR (XLF):                           4.94%
  5. Hal Trust (HAL):                                                           4.61%
  6. Wendel Investissement (MF.PA):                                4.19%
  7. 3i Group (III):                                                               4.15%
  8. Ares Capital Corporation BDC (ARCC):                       3.87%
  9. Partners Group Holding (PGHN):                                3.68%
  10. Onex Corp Subordinate Voting Share (OCX):              3.57%

 

Stock quotes in this article: XLF, KBE, VFH, RKH, PSP, IYF, IAI 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs