Exchange-traded funds (ETF) allow one to take a diversified exposure in a particular sector or subsector. With hundreds of banking stocks available for trading and investments on the leading stocks exchanges, few investors may like to opt for Bank ETFs. A good number of banking exchange-traded funds are available for trading for local as well as global investors. Following is the list of all 15 exchange-traded funds that FKnol has in its database for ETFs which belong to the Bank category:
The Invesco Senior Loan Portfolio tracks a market-value-weighted index of senior loans issued by banks to corporations. ...Detailed Profile Dividend Frequency: Monthly Dividend History
Category: High Yield Bonds
The Direxion Daily Regional Banks Bull 3x ETF provides 3x leveraged exposure to a equally weighted index of US regional banking stocks. ...Detailed Profile Dividend Frequency: Quarterly Dividend History
Category: Leveraged Equities
$61.41
-36.84%
1.16%
127
3.
ETF Bank ZVZZT Corp Ltd. (ZVZZT)
The ETF Bank belonging to the Bonds category, Bank Loans sub-sector and trading in the US market has the following ETF profile. ...See
First Trust Senior Loan Exchange-Traded Fund (FTSL)
The First Trust Senior Loan Fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities. ...Detailed Profile Dividend Frequency: Monthly Dividend History
Category: High Yield Bonds
The First Trust Nasdaq Bank ETF tracks an index composed of 30 U.S. banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. ...Detailed Profile Dividend Frequency: Quarterly Dividend History
Category: Financials Equities
The Dow Jones US Regional Banks Index Fund tracks the performance of an index of small- and midcap regional banks. ...Detailed Profile Dividend Frequency: Quarterly Dividend History
Category: Financials Equities
The SPDR S&P Bank fund tracks an equal-weighted index of US banking firms. ...Detailed Profile Dividend Frequency: Quarterly Dividend History
Category: Financials Equities
By investing the collected capital into the stocks of the banking sector companies, such bank ETFs allow an investor to take exposure in the banking sector companies. One gets the benefits of investment at low-costs in the mixed basket of banking sector companies. In return, the investors receive an return which is the average performance of all the banking stocks that comprise the bank ETF in the mentioned proportion. One can find a variety of banking ETFs which may include the stocks of banking sector companies, or based on loans offered by financial banks, or those which simply replicate the performance of a banking sector index, or others which offer leveraged exposure which amplifies the returns that is generated on the benchmark banking sector index by a given multiple, like 2 times or 3 times.
Where do Bank ETFs Invest?
A long list of companies and different financial instruments exist where the Bank exchange-traded funds may invest the money collected from the ETF investors. Below is a small sample of companies whose stocks may qualify for investment by Bank ETFs, though there can be many more businesses and financial instruments where these ETFs can park the capital for returns:
▶ Bank of America Corp (BAC): Bank of America Corporation, incorporated on July 31, 1998, is a bank holding company (BHC) and a financial holding company. The Company is a financial institution, serving individual consumers, small- ....Detailed Company Profile....Dividend History
▶ Bank Of Montreal (BMO): Bank of Montreal provides diversified financial services primarily in North America. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. The ....Detailed Company Profile....Dividend History
▶ Columbia Banking System, Inc. (COLB): Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individual....Detailed Company Profile....Dividend History
▶ Independent Bank Corporation (IBCP): Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses in Michigan. The company offers checking and....Detailed Company Profile....Dividend History
▶ Banco Santander, S.A. (SAN): Banco Santander, S.A., incorporated on January 14, 1875, is a retail and commercial bank. The Banks segments include Continental Europe, United Kingdom, Latin America and United States. The Continental Europe ....Detailed Company Profile....Dividend History
▶ J P Morgan Chase and Co (JPM): JPMorgan Chase & Co. (JPMorgan Chase), incorporated on October 28, 1968, is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, ....Detailed Company Profile....Dividend History
▶ Wells Fargo (WFC): Wells Fargo & Company, incorporated on January 24, 1929, is a bank holding company. The Company is a diversified financial services company. The Company has three operating segments: Community Banking, ....Detailed Company Profile....Dividend History