Year-to-date, shares of KCE have fallen 11.2% as asset management companies have been hit hard by sharp falls in their trading commissions.
KIE is the most liquid insurance ETF available in the country and is also among the cheapest, with an expense ratio of 0.35%.
With assets under management of $1.7 billion, KRE is the largest and most heavily traded regional bank ETF in the United States.
The SPDR S&P Bank ETF (KBE) has a market capitalization of $2.3 billion as of March 24, 2016. Its trading volume is $4.1 billion shares.
The iShares Dow Jones US Financial Sector ETF (IYF) has a market capitalization of $1.1 billion. On average, shares worth $7.8 million trade hands each day.
As of March 24, 2016, VFH has a market capitalization of $3.4 billion, making it the second-largest financial ETF after XLF.
The Financial Select Sector SPDR ETF (XLF) attracts the most attention among financial ETFs in the US. 87% of the fund is composed of large-cap stocks.
With the growing economy and global investment horizons, investments have shifted beyond the traditional options to specialized REITs.
On January 5, 2016, the shares of KCE closed at $42.2, or below its 100-day, 50-day, and 20-day moving averages of $44.3, $44.7, and $43.5, respectively.
The SPDR S&P Insurance ETF (KIE) invests in a portfolio of insurance stocks. It’s one of the most liquid insurance ETFs available in the United States.
The SPDR S&P Regional Banking ETF (KRE) targets US regional banks. It seeks to track the performance of the S&P Regional Banks Select Industry Index.
The SPDR S&P Bank ETF (KBE) seeks to track the returns on the S&P Banks Select Industry Index. It has a market capitalization of $2.6 billion as of January 5.
The iShares Dow Jones US Financial Sector ETF (IYF) seeks to track the performance of the Dow Jones US Financials Index. It has a market cap of $1.6 billion.
As of January 5, the Vanguard Financials ETF has a market cap of $3.4 billion. It seeks to track the MSCI US Investable Market Financials 25/50 Index.
The Financial Select Sector SPDR ETF (XLF) ETF attracts the most attention among US financial ETFs. This is because 87% of the fund is made of large-cap stocks.
Keeping with my tradition of comparing the year that was to the year that I expected, here’s a summation of what went according to plan, what was sort of in the ball park and what was a total miss.
Retail REITs were the top performers of the iShares US Real Estate ETF (IYR) on January 5, 2016, with a return of 2.5%. The healthcare REIT subgroup ended the day with a positive return of 2.4%.
If inflationary pressures cause interest rates to rise, this can sometimes work in favor of owners of warehouses or self-storage facilities. The Federal Reserve raised the interest rates with expectations of stable long-term inflation.
Industrial properties suffered a major setback during the 2008 financial crisis. The vacancy rate for industrial properties increased, and the need for new industrial buildings was close to zero.
The performance of industrial REITs in the past week was on the positive side. Industrial REITs combine assets such as a warehouse, cold storage, research and development sites, and general-purpose flex offices.