Don Dion is the publisher of the Fidelity Independent Adviser (http://www.fidelityadviser.com/) family of newsletters, which provides to a broad range of investors Don’s commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than... More
Large financial institutions like JP Morgan Chase (JPM) and Goldman Sachs (GS) have bounced back harder than many of their regional banking peers, a trend reflected in their respective ETFs.
While large-cap oriented funds iShares Dow Jones US Financial Services (IYG) and SPDR KBW Capital Markets (KCE)have risen 23% and 49% year to date, regional peers like iShares Dow Jones US Regional Banks (IAT) and SPDR KBW Regional Banking (KRE) have fallen 10% and 24% respectively.
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Large Bank ETFs Eye Earnings 0 comments
While large-cap oriented funds iShares Dow Jones US Financial Services (IYG) and SPDR KBW Capital Markets (KCE)have risen 23% and 49% year to date, regional peers like iShares Dow Jones US Regional Banks (IAT) and SPDR KBW Regional Banking (KRE) have fallen 10% and 24% respectively.
As a…READ MORE
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Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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