When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
XLF - KBE: Regional Banks At Risk For Continued Underperformance
SPDR Select Sector Fund - Financial
2024-05-24 12:37:27 ET
Summary
SPDR S&P Bank ETF is a hold due to its heavy concentration in regional banks and the risk factors associated with them.
KBE has underperformed broader financial sector funds such as VFH and XLF that have also seen lower volatility and lower expense ratios.
Distinct risk factors remain for regional banks, including the risk of savings account outflows, reduced liquidity, reduced diversification, and interest rate sensitivity.