US Mega Banks > $100 bn

Components Performance/Risk
Period Return
11.4%
Return Rank
Average
Risk Exposure
Above Average

US Major Banks & Savings > $5bn and US mid-tier banks $2bn-$5bn are selections complementing the mega cap trends of this theme

 

All 6 mega banks of our theme are recognized as systematically important by the Financial Stability Board, and as such, require higher capital buffers, Total Loss-Absorbing Capacity standards, resolution planning and regular resolvability assessments, and higher supervisory expectations for risk management functions

Share volatilities are notably different, highlighing the exceptional performance of JP Morgan Chase 

 

Selected as benchmark of the selection, the Invesco KBW Bank ETF  tracks the index and compares the mega cap banks to the performance and volatility of its large peers

The KBW index is a modified-market capitalization-weighted index of companies primarily engaged in US banking activities

The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. and is composed of large national US money centers, regional banks and thrift institutions that are publicly traded in the US

Theme Components
Name
Ticker
Sector
Industry
Cur. Price
Mkt. Cap
Performance
Momentum
Risk Rank
Risk Contrib
 
Bank of America BAC FinanceGlobal Banks50.01359 B-3.2% Sharp Down Low Risk
Citigroup C FinanceGlobal Banks122.64215 B24.9% Weak Down Below Average
J P Morgan Chase JPM FinanceGlobal Banks337.04909 B11.4% Neutral Low Risk
Morgan Stanley MS FinanceGlobal Banks184.30293 B18.2% Sharp Down Below Average
Wells Fargo WFC FinanceGlobal Banks83.40257 B-0.4% Neutral Low Risk
Goldman Sachs Group GS FinanceInvestment Bankers/Brokers/Service894.55265 B17.3% Neutral Below Average
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