ETF Chart of the Day: Bank Bonanza

This fund only has about $75 million in assets under management but from a portfolio perspective holds no Mega nor Large Cap names, with 24% of the holdings classified as “Mid Cap,” and then 40% of the portfolio in Small-Caps and 36% in Micro Cap bank names. Top holdings here again are not exactly household names: SBNY (4.14%), EWBC (3.63%), ZION (3.46%), PACW (2.69%), and TFSL (2.61%).

SPDR S&P Bank ETF

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