Bank of America has had a reversal of fortune based on signs that the U.S. economy is re-gaining strength. Bank of America dropped 58% last year on concern over rising mortgage risks and the uncertainty over the European debt crisis, reports Hug Son for Bloomberg. [Can Financial ETFs Take Out 2011 High?]
Other top-performing financial ETFs:
- PowerShares KBW Bank Portfolio (NYSEArca: KBWB)
- Market Vectors Bank and Brokerage ETF (NYSEArca: RKH)
- RevenueShares Financial (NYSEArca: RWW)
- iShares Dow Jones US Financial Services Fund (NYSEArca: IYG)
PowerShares KBW Bank Portfolio
Tisha Guerrero contributed to this article.