This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Top 10 Financial ETFs

Stocks in this article: XLF VFH IYF KBE KRE KIE FXO

#3: iShares Dow Jones U.S. Financial Sector Index ETF (IYF)

IYF 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 $342M with average daily trading volume of 600K shares. As of late November 2011 the annual dividend yield was 1.75% with YTD performance of -22.00%. These three conclude those ETFs with comprehensive (catch-all) conventional indexes.

IYF Top Ten Holdings & Weightings

Data as of November, 2011

  1. JPMorgan Chase & Co (JPM): 6.71%
  2. Wells Fargo & Co (WFC): 6.39%
  3. Citigroup Inc (C): 4.53%
  4. Berkshire Hathaway Inc B (BRK.B): 3.71%
  5. Bank of America Corporation (BAC): 3.41%
  6. American Express Co (AXP): 2.67%
  7. U.S. Bancorp (USB): 2.42%
  8. Visa, Inc. (V): 2.41%
  9. The Goldman Sachs Group Inc (GS): 2.31%
  10. Simon Property Group Inc (SPG): 1.86%

#4: SPDR S&P Bank ETF (KBE)

KBE tracks the KBW Bank Index. It features a much more targeted approach to the sector toward banks obviously. It was launched in August 2005. AUM exceeds $956 million and average daily trading volume is over 6.5M shares. (Note: Since June 2011 AUM has fallen 35% and volume has increased by nearly 50% indicating both lower constituent prices but also capital flight from the sector.) The expense ratio is .35%. As of late November 2011 the annual dividend yield was 1.48.79% while YTD performance is -31.00%. There are some developing inverse and leveraged long/short issues becoming available for the sector.

KBE Top Ten Holdings & Weightings

Data as of November, 2011

  1. East West Bancorp Inc (EWBC): 3.01%
  2. Fifth Third Bancorp (FITB): 2.94%
  3. Citigroup Inc (C): 2.83%
  4. U.S. Bancorp (USB): 2.79%
  5. PNC Financial Services Group Inc (PNC): 2.78%
  6. KeyCorp (KEY): 2.77%
  7. Comerica Inc (CMA): 2.75%
  8. Northern Trust Corporation (NTRS): 2.73%
  9. Hudson City Bancorp, Inc. (HCBK): 2.71%
  10. TCF Financial Corporation (TCB): 2.71%

#5: SPDR S&P Regional Banking ETF (KRE)

 KRE follows the KBW Regional Banking Index. Launched in June 2006 the index uniquely consists of an equally weighted index of regional bank issues. (Note: it is thought some of these banks are more immune to global credit risk conditions which may only be partly the case.) The expense ratio is .35%. AUM equal $491 million while average daily trading volume is a high 2.9 million shares. The high volume means more speculation within the sector given more options trading and the employment of long/short strategies. As of late November 2011the annual dividend yield was roughly 1.80% with YTD performance -18.01%.

KRE Top Ten Holdings & Weightings

Data as of November, 2011

  1. PrivateBancorp Inc (PVTB): 2.18%
  2. Umpqua Holdings Corporation (UMPQ): 2.08%
  3. East West Bancorp Inc (EWBC): 2.05%
  4. Webster Financial Corp (WBS): 2.03%
  5. Firstmerit Corp (FMER): 2.01%
  6. Fifth Third Bancorp (FITB): 1.99%
  7. F.N.B. Corporation (FNB): 1.98%
  8. Susquehanna Bancshares Inc (SUSQ): 1.96%
  9. Iberiabank Corp (IBKC): 1.89%
  10. PNC Financial Services Group Inc (PNC): 1.89%

#6: SPDR S&P Insurance ETF (KIE)

KIE tracks the KBW Insurance Index which is a float adjusted market-modified-market capitalization-weighted index. Beyond that being a mouthful, includes personal and commercial insurance, property/casualty insurance, life insurance, reinsurance, insurance brokerage and financial guarantee. The index is much more targeted away from some credit risk associated with banks and brokers but still has ill-defined exposure to it. The fund was launched in November 2005. AUM equal $114M and average daily trading volume is 360K shares. The expense ratio is .35%. As of late November 2011 the annual dividend yield was 2.14% and YTD return is -20.80%.

 

KIE Top Ten Holdings & Weightings

Data as of November, 2011

  1. The Travelers Companies, Inc. (TRV): 9.44%
  2. MetLife Inc (MET): 8.03%
  3. Chubb Corp (CB): 7.95%
  4. Prudential Financial Inc (PRU): 7.05%
  5. Aflac Inc (AFL): 6.23%
  6. Unum Group (UNM): 4.39%
  7. Ameriprise Financial Inc (AMP): 4.27%
  8. Principal Financial Group (PFG): 4.24%
  9. XL Group PLC (XL): 4.17%
  10. Progressive Corporation (PGR): 4.11%

2 of 3

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.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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