|Bid||0.00 x 800|
|Ask||0.00 x 4000|
|Day's Range||59.07 - 60.53|
|52 Week Range||56.09 - 78.81|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-15.26%|
|Beta (5Y Monthly)||1.24|
|Expense Ratio (net)||0.35%|
Bank exchange-traded funds (ETFs) offer investors exposure to the banking and financial sector of the economy. Banking services can range from taking deposits, making loans, and facilitating payments to investment management, retirement planning, insurance, and brokerage services.
The prevailing wisdom is that larger lenders with diversified revenue streams are better able to ride out a downturn, but small banks' stocks do better.
Mid-cap financials tend to be overlooked relative to large-cap counterparts, but strong relative performance suggests that this is a segment to watch.