-
More Industry ETFs That Should Like The Trump White House
Tuesday, November 22, 2016 - 11:27am | 614Now two weeks removed from Election Day, it is not a stretch to say one of the safest spaces of all has been the U.S. equity market. Those looking for tactical safer spaces can certainly find them with myriad sector and industry exchange-traded funds with much of that safety coming from financial...
-
Bank ETFs: Don't Expect Much Out Of Q4 Earnings
Thursday, November 3, 2016 - 10:28am | 474Broadly speaking, big-name holdings in financial services exchange-traded funds, such as the Financial Select Sector SPDR Fund (NYSE: XLF), delivered solid third-quarter earnings reports. Amid election year uncertainty and ongoing speculation about the timing of a rate hike from the Federal Reserve...
-
This Bank ETF Is Looking Good
Monday, September 12, 2016 - 9:10am | 608The financial services has been duly criticized this year for being a laggard in the face of still low interest rates, but the second-largest sector allocation in the S&P 500 has recently been improving. Over the past 90 days, the PowerShares KBW Bank Portfolio ETF (NYSE: KBWB) is up 5.4...
-
Rate Hike Bets Spurred August Inflows To Financial ETFs
Thursday, September 8, 2016 - 8:35am | 581Fed fund futures now say traders are paring bets that the Federal Reserve will raise interest rates later this month; but in August, inflows to financial services exchange-traded funds indicated otherwise. Financial services, the S&P 500's second-largest sector allocation behind technology...
-
PureFunds Gets Techy With Fintech, Health-Tech ETFs
Thursday, September 1, 2016 - 8:59am | 546There are plenty of financial services exchange-traded funds on the market today. The same goes for healthcare ETFs. After all, financial services and healthcare are the S&P 500's second- and third-largest sector weights, respectively. However, many traditional financial services and...
-
What Negative Rates Are Doing To Financial Services ETFs
Monday, May 23, 2016 - 4:21pm | 613It is no secret that low, and even negative, interest rates throughout major developed markets are pinching financial services stocks and exchange-traded funds. The punishment extends beyond U.S.-focused ETFs. Negative interest rate policies (NIRP) should lower the cost of capital with the...
-
Believe It: A Bullish Call On A Bank ETF
Wednesday, May 4, 2016 - 10:29am | 499This year is barely more than four months old, but it is not a stretch to say investors are tired of hearing about the negative impact low interest rates are having on financial services stocks and the relevant exchange-traded funds. The Financial Select Sector SPDR Fund (NYSE: XLF), the largest...
-
Finding Dividend Growth With Financial Services ETFs
Tuesday, December 29, 2015 - 2:24pm | 706Dividend investors know how the story goes. Prior to the global financial crisis, bank stocks were some of the most reliable dividend payers among U.S. equities. Not only that, but major banks were also dependable dividend growers and decades of dividend growth from U.S. banks made the financial...