Capital Markets ETF Offers Diversity
State Street has three interesting financial sector ETFs that are now listed and trading. The three new funds are the streetTRACKS KBW Bank(KBE Quote), streetTRACKS KBW Capital Markets(KCE Quote) and streetTRACKS KBW Insurance ETF(KIE Quote).
ETF companies have created a lot of "me too" products lately, but these ETFs may have some promise, and I am especially interested in the Capital Markets ETF (KCE).
In general, investing in brokerage stocks, public exchanges and asset managers can be a way to add extra return in the financial sector. Simply put, bull markets and expanding economies may be most evident in this part of the market.
Take a look at Chicago Mercantile(CME Quote) or Archipelago Holdings(AX Quote) for some evidence. ...
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