This Day On The Street
Continue to site
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

Top 10 Financial ETFs

#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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FXO $24.13 0.04%
KRE $45.65 -0.09%
KBE $36.36 -0.08%
KIE $72.41 0.01%
VFH $50.12 -0.14%


Chart of I:DJI
DOW 17,719.92 -78.57 -0.44%
S&P 500 2,080.41 -9.70 -0.46%
NASDAQ 5,108.6660 -18.8590 -0.37%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs