The $8.6 billion Financial Select Sector SPDR Fund (NYSEArca: XLF) is the largest and most actively traded ETF for the financial sector. It has traded in a range recently after several banks received the Federal Reserve’s blessing to reinstate or boost dividends following the stress tests.
The biggest ETF for U.S. banks is the $2 billion SPDR KBW Bank ETF (NYSEArca: KBE). Its top holdings are J.P. Morgan, Citigroup, Bank of America and Wells Fargo. The bank ETF is sitting close to its 50-day moving average.
SPDR KBW Bank ETF
