FTXO - KBWB: Banking Industry ETF With Deficiencies
2024-03-05 11:13:15 ET
Summary
- KBWB, the Invesco KBW Bank ETF, is a passively managed exchange traded fund which is modeled after the KBW Nasdaq Bank Index.
- Bank stocks have underperformed historically, even in good environments.
- KBWB has deficiencies versus other bank ETF competitors.
The Invesco KBW Bank ETF (KBWB), is a passively managed exchange traded fund which is modeled after the KBW Nasdaq Bank Index. The fund invests primarily in giant to mid-market capitalization companies engaged in banking activities in the United States. These firms include large diversified banks, regional banks, investment banking and brokerage service providers, asset management and custody banks, and consumer finance firms. It is weighted using a modified market-capitalization methodology....
KBWB: Banking Industry ETF With Deficiencies