Google (NasdaqGS: GOOG) is also releasing its earnings this week. The First Trust Dow Jones Internet Index Fund (NYSEArca: FDN) tracks large internet-based companies, including a 10% allocation to Google, according to Dion.
Additionally, financial giants, JPMorgan (NYSE: JPM) and Wells Fargo (NYSE: WFC), will announce results this week. Financial Select Sector SPDR (NYSEArca: XLF) weights almost 20% of its holdings to the two banks. However, if this seems too top-heavy, the SPDR S&P Bank ETF (NYSEArca: KBE) follows an equal-weight methodology, with each of its holdings accounting for about 3% of the overall weighting.
Looking ahead, China economic slowdowns, troubles in peripheral Eurozone states like Spain and even lower U.S. jobs data are tempering the growth outlook. [Equity ETF Performance Slides After Big First Quarter]
For more information on sector funds, visit our sector ETFs category.
Max Chen contributed to this article.