Best Fit Financial Services Funds ETFs
U.S. News evaluated 43 Financial Services Funds ETFs and 12 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 | Good |
| Bid/Ask Ratio | Good |
| Holdings Diversity | Typical |
Fund Description
The investment seeks to replicate the Dow Jones U.S. Select Regional Banks Index. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. The underlying index measures the performance of the regional bank sector of the U.S. equity market. The underlying index is a subset of the Dow Jones U.S. Bank Index. Small and mid-size banks are selected for inclusion based on their relative three-year average total assets as a percentage of the three-year average total assets held by all banks in the Dow Jones U.S. Bank Index, as determined by Dow Jones. The fund is non-diversified.
Fund Snapshot Updated 05.21.2013
| Previous Close | $28.66 | Expense Ratio | 0.48% |
| YTD Return | 17.7% | Avg. 30-Day Volume | 103,618 |
| 1-Year Return | 24.2% | Market Cap | Loading... |
| Bid | $28.65 | Shares Outstanding | 13,400,000 |
| Ask | $28.67 | Dividends | $0.49 |
| Top 10 Holdings | |
|---|---|
| Us Bancorp Del (USB) | 20.35% |
| Pnc Finl Svcs Group Inc (PNC) | 11.80% |
| Bb&T Corp (BBT) | 7.09% |
| Suntrust Bks Inc (STI) | 5.36% |
| Fifth Third Bancorp (FITB) | 4.96% |
| M & T Bk Corp (MTB) | 4.02% |
| Regions Finl Corp New (RF) | 4.01% |
| Keycorp New (KEY) | 3.11% |
| Comerica Inc (CMA) | 2.30% |
| Huntington Bancshares Inc (HBAN) | 2.00% |
| % of Total Holdings | 65.00% |
