Financial and bank sector exchange traded funds were pummeled Tuesday as traders worried about how President Donald Trump will deliver on his campaign promises that recently fueled the market rally and a dip in Treasury yields.

On Tuesday, the Financial Select Sector SPDR (NYSEArca: XLF) fell 2.9%, SPDR S&P Bank ETF (NYSEArca: KBE) declined 4.8% and SPDR S&P Regional Banking ETF (NYSEArca: KRE) decreased 5.3%.

On the other hand, opportunistic traders capitalized on fallout through the inverse Direxion Daily Financial Bear 3X Shares (NYSEArca: FAZ)ProShares UltraPro Short Financials (NYSEArca: FINZ) and Direxion Daily Regional Banks 3x Bear Shares (NYSEArca: WDRW), which jumped 6.7%, 9.9% and 17.2%, respectively.

Less aggressive traders looked to the ProShares Short Financials ETF (NYSEArca: SEF), which takes the single inverse or -100% of financial stocks, and the ProShares UltraShort Financials (NYSEArca: SKF), which takes a leveraged -200% of financials. SEF was up 2.3% and SKF gained 4.6%.

The financial sector is getting hit by a double whammy as more are growing concerned over Trump’s ability to deliver on promises and yields on Treasury bonds pulled back.

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