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home / news releases / FTXO - Have Investors Gotten Too Bearish On The Banks?

FTXO - Have Investors Gotten Too Bearish On The Banks?

First Trust Nasdaq Bank ETF
  • The Bank Index is down more than 30% year to date, while the S&P 500 Index is actually up on the year.
  • What’s especially interesting about the banks’ underperformance this year is that it has come during a time when the yield curve has been widening.
  • The median price-to-book value for the Bank Index is lower than it has been at any time over the past 25 years.

For further details see:

Have Investors Gotten Too Bearish On The Banks?
Stock Information
Company Name: First Trust Nasdaq Bank ETF
Stock Symbol: FTXO
Market: NASDAQ
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