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 | Typical |
| Tracking Error | Good |
| Bid/Ask Ratio | Good |
| Holdings Diversity | Good |
Fund Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Wells Fargo® Hybrid & Preferred Securities Financial Index. The fund generally will invest at least 90% of its total assets in preferred securities of financial institutions that comprise the underlying index. The underlying index is a market capitalization weighted index designed to track the performance of preferred securities issued in the U.S. market by financial institutions. It is non-diversified.
Fund Snapshot Updated 05.23.2013
| Previous Close | $18.50 | Expense Ratio | 0.60% |
| YTD Return | 4.2% | Avg. 30-Day Volume | 631,505 |
| 1-Year Return | 12.1% | Market Cap | Loading... |
| Bid | $18.57 | Shares Outstanding | 102,350,000 |
| Ask | $18.58 | Dividends | $1.15 |
| Top 10 Holdings | |
|---|---|
| Hsbc Hldgs Plc (HCS-B) | 8.61% |
| Ing Groep N V (IGK) | 5.62% |
| Pnc Finl Svcs Group Inc (PNC-P) | 4.67% |
| Hsbc Hldgs Plc (HCS) | 4.51% |
| Barclays Bank Plc (BCS-D) | 4.18% |
| Ing Groep N V (IDG) | 4.09% |
| Wells Fargo & Co New (WFC-J) | 3.94% |
| Bb&T Corp (BBT-E) | 3.86% |
| Metlife Inc (MET-B) | 3.09% |
| Jpmorgan Chase & Co (JPM-I) | 2.99% |
| % of Total Holdings | 45.60% |
