State Street has three interesting financial sector ETFs that are now listed and trading. The three new funds are the streetTRACKS KBW Bank ( KBE), streetTRACKS KBW Capital Markets ( KCE) and streetTRACKS KBW Insurance ETF ( KIE).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) or Archipelago Holdings ( AX) for some evidence.
|Brokers In a Bull Market |
|Source: Roger Nusbaum|