Financials: The Rodney Dangerfield Sector

The FactSet data point out that at technology, on a 12-month forward basis of 14.7, is trading at the steepest discount to its 10-year average of 16.8. The Technology Select Sector SPDR (NYSEArca: XLK) currently sports a P/E of about 15 compared to 18.2 for XLP.

XLF has a P/E ratio of 14.2 while the $2.4 billion SPDR S&P Bank ETF (NYSEArca: KBE) sports a P/E of 15.66, according to State Street data.

S&P 500 Sectors 12-Month P/E Ratios

Data/Chart Courtesy: FactSet via The Reformed Broker. ETF Trends editorial team contributed to this post.