ETF overview
This exchange-traded fund aims to deliver investment results that generally correspond to the total return performance of the S&P Banks Select Industry Index, before accounting for fees and expenses. It provides focused exposure to the banking sector of the S&P Total Market Index, encompassing key sub-industries such as asset management, custody banks, diversified banks, regional banks, diversified financial services, and commercial and residential mortgage finance. By tracking a modified equal-weighted index, the fund ensures unconcentrated industry exposure across large, mid, and small-capitalization companies. This approach allows investors to adopt more targeted strategic or tactical positions within the financial landscape, distinguishing it from broader sector-specific investment strategies.
Fund facts
- Expense ratio
- 0.35%
- Fund assets
- 1.43B USD (all share classes)
- Issuer
- SPDR
- Inception date
- Nov 8, 2005
- Number of holdings
- 108
Breakdown
Holdings (108)
| Name | Ticker | Weight |
|---|---|---|
| CENTRAL BANCOMPANY | CBC | 1.03% |
| EQUITABLE HOLDINGS INC | EQH | 1.02% |
| COREBRIDGE FINANCIAL INC | CRBG | 1.01% |
| OFG BANCORP | OFG | 0.99% |
| UNITED BANKSHARES INC | UBSI | 0.98% |
| N B T BANCORP INC | NBTB | 0.98% |
| STOCK YARDS BANCORP INC | SYBT | 0.98% |
| CVB FINANCIAL CORP | CVBF | 0.98% |
| TRUSTMARK CORP | TRMK | 0.98% |
| FIRST CITIZENS BCSHS CL A | FCNCA | 0.98% |
| and 95 more | ||
Similar ETFs
- State Street SPDR S&P Regional Banking ETFKRE · Overlap 69% · Expense ratio 0.35%
- First Trust Nasdaq Bank ETFFTXO · Overlap 39% · Expense ratio 0.60%
- First Trust NASDAQ ABA Community Bank Index FundQABA · Overlap 34% · Expense ratio 0.63%
- Invesco S&P SmallCap Low Volatility ETFXSLV · Overlap 30% · Expense ratio 0.25%
- iShares S&P U.S. Banks UCITS ETFBNKS.L · Overlap 34% · Expense ratio 0.35%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.35%
- Fund assets
- 1.43B USD (all share classes)
- Issuer
- SPDR
- Inception date
- Nov 8, 2005
- Number of holdings
- 108
| Name | Ticker | Weight |
|---|---|---|
| CENTRAL BANCOMPANY | CBC | 1.03% |
| EQUITABLE HOLDINGS INC | EQH | 1.02% |
| COREBRIDGE FINANCIAL INC | CRBG | 1.01% |
| OFG BANCORP | OFG | 0.99% |
| UNITED BANKSHARES INC | UBSI | 0.98% |
| N B T BANCORP INC | NBTB | 0.98% |
| STOCK YARDS BANCORP INC | SYBT | 0.98% |
| CVB FINANCIAL CORP | CVBF | 0.98% |
| TRUSTMARK CORP | TRMK | 0.98% |
| FIRST CITIZENS BCSHS CL A | FCNCA | 0.98% |
| and 95 more | ||
This exchange-traded fund aims to deliver investment results that generally correspond to the total return performance of the S&P Banks Select Industry Index, before accounting for fees and expenses. It provides focused exposure to the banking sector of the S&P Total Market Index, encompassing key sub-industries such as asset management, custody banks, diversified banks, regional banks, diversified financial services, and commercial and residential mortgage finance. By tracking a modified equal-weighted index, the fund ensures unconcentrated industry exposure across large, mid, and small-capitalization companies. This approach allows investors to adopt more targeted strategic or tactical positions within the financial landscape, distinguishing it from broader sector-specific investment strategies.
- State Street SPDR S&P Regional Banking ETFKRE · Overlap 69% · Expense ratio 0.35%
- First Trust Nasdaq Bank ETFFTXO · Overlap 39% · Expense ratio 0.60%
- First Trust NASDAQ ABA Community Bank Index FundQABA · Overlap 34% · Expense ratio 0.63%
- Invesco S&P SmallCap Low Volatility ETFXSLV · Overlap 30% · Expense ratio 0.25%
- iShares S&P U.S. Banks UCITS ETFBNKS.L · Overlap 34% · Expense ratio 0.35%
Overlap is the share of assets the two funds hold in common.
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