
Insurance
While the insurance industry usualy shows reliable performance, the track record of the 3 ETFs in our theme reflects the dismal, disaster prone year 2017.
Along with 2 Financials ETFs, exposed to the insurance and real estate sectors – respectively 14% and 18% for
Financial Services
The performance of the ETFs with exposure to Financial Services and Supporting Activities puts the funds at the top of the Financial ETF category, but their coverage of banks, consumer lending, investment management companies and fund sponsors is far from uniform
Details in our note below on the SPDR S&P Capital Markets ETF
Financials
Central to the financial ETF product offering, with mid-range performance and volatility, Financials are present in the line-up of all the major providers with significant AUM - Financial Select Sector SPDR® Fund
Banks
Sensitive to local and regional trends, bank ETFs invested in small-cap regional and community banks may be front-running indicators of the economic cycle - with SPDR S&P Regional Banking ETF
