You may not have noticed it, but the financial sector is one of the hottest sectors in the stock market right now. It is up almost 20% year to date through Monday's close, beating the S&P 500 (up 11%) and every other sector except energy.
That may be a surprise, because financial stocks were so beaten down last year. But that's part of the reason for the sector's resurgence -- investors have been attracted by the low valuations and their expected growth in a recovering economy. If you're looking for some exposure to this sector but aren't sure where to start, one good option is the Vanguard Financials (NYSEMKT: VFH) exchange-traded fund (ETF). Here are three reasons.
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For further details see:
3 Reasons This Vanguard ETF Is a Buy