Best Fit Financial Services Funds ETFs
U.S. News evaluated 43 Financial Services Funds ETFs and 13 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Good |
| Tracking Error | Excellent |
| Bid/Ask Ratio | Typical |
| Holdings Diversity | Good |
Fund Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Financials Index (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the financial sector of the U.S. equity market. The underlying index includes companies in the following industry groups: banks, non-life insurance, life insurance, real estate and financial services. The fund is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | $72.42 | Expense Ratio | 0.48% |
| YTD Return | 19.6% | Avg. 30-Day Volume | 305,735 |
| 1-Year Return | 35.8% | Market Cap | Loading... |
| Bid | $72.42 | Shares Outstanding | 15,400,000 |
| Ask | $72.44 | Dividends | $1.03 |
| Top 10 Holdings | |
|---|---|
| Berkshire Hathaway Inc Del (BRK.B) | 6.82% |
| Jpmorgan Chase & Co (JPM) | 6.70% |
| Wells Fargo & Co New (WFC) | 6.47% |
| Citigroup Inc (C) | 4.88% |
| Bank Of America Corporation (BAC) | 4.65% |
| Visa Inc (V) | 3.06% |
| Goldman Sachs Group Inc (GS) | 2.33% |
| American Express Co (AXP) | 2.31% |
| American Intl Group Inc (AIG) | 2.17% |
| Us Bancorp Del (USB) | 2.14% |
| % of Total Holdings | 41.50% |
