PowerShares KBW Bank Portfolio (KBWB)

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Best Fit Financial Services Funds ETFs

U.S. News evaluated 45 Financial Services Funds ETFs and 18 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.

How we identify Best Fit Funds

Best Fit Scorecard
Costs Good
Tracking Error Good
Bid/Ask Ratio Good
Holdings Diversity Typical

Fund Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the KBW Bank Index. The fund generally invests at least 90% of assets in securities of national money centers (which are banks with more than $50 billion in assets and that have a branch network across geographic regions) and regional banks and thrifts that are listed on a U.S. national securities exchange. It concentrates its investments in securities of issuers in any one industry or sector only to the extent that the underlying index reflects a concentration in that industry or sector. The fund is non-diversified.

Fund Snapshot Updated 04.15.2014

Previous Close $35.50 Expense Ratio 0.35%
YTD Return 0.21% Avg. 30-Day Volume 83,269
1-Year Return 26.0% Market Cap Loading...
Bid $35.50 Shares Outstanding 4,650,000
Ask $35.52 Dividends $0.54
Top 10 Holdings
Bank Of America Corporation (BAC) 8.54%
Wells Fargo & Co New (WFC) 8.10%
Citigroup Inc (C) 7.97%
Jpmorgan Chase & Co (JPM) 7.76%
Us Bancorp Del (USB) 6.41%
Suntrust Bks Inc (STI) 4.80%
Comerica Inc (CMA) 4.38%
M & T Bk Corp (MTB) 4.29%
Fifth Third Bancorp (FITB) 4.23%
Regions Finl Corp New (RF) 4.08%
% of Total Holdings 60.60%

Sector Breakdown

Geographic Breakdown

Best Fit Financial Services Funds

See full rankings for Financial Services Funds