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Why Financials Sector ETFs And Mutual Funds Are In Trouble
David Trainer • Tue, May 7 • 2 Comments
Best And Worst ETFs And Mutual Funds: Financials Sector
David Trainer • Mon, May 6
Use Caution With Double Digit Yield ETFs
David Fabian • Tue, Apr 30 • 4 Comments
A Financial Sector ETF Yielding Over 7%
Tom Lydon • Thu, Apr 25 • 2 Comments
Best And Worst ETFs And Mutual Funds: Financials Sector
David Trainer • Mon, Feb 18 • 2 Comments
3 High-Yield ETFs For Solid Returns
Angel Stoychev • Fri, Feb 8 • 14 Comments
Financial Sector: Earnings Estimates Starting To Improve - Can Revenues Follow?
Brian Gilmartin • Thu, Oct 11, 2012 • 4 Comments
Financial Sector Dividend ETF Offers Nearly 9% Yield
Tom Lydon • Fri, Sep 14, 2012 • 1 Comment
3 ETFs With Yields Above 10%
Portfolio Management 101 • Fri, Aug 24, 2012 • 4 Comments
U.S. Banking Sector Still Not Out Of The Woods
Economics Fanatic • Thu, Jul 19, 2012
3 High-Yielding Monthly Dividend ETFs
Stoyan Bojinov • Tue, May 29, 2012
Dividends Are Dead. Long Live Dividends.
Plan B Economics • Sun, Mar 25, 2012 • 9 Comments
5 ETFs With Sky High Yields
Jared Cummans • Thu, Mar 22, 2012
3 High-Yielding ETF Alternatives To DVY And SDY
Kevin Quon • Mon, Mar 19, 2012 • 1 Comment
Highlighting The Kings Of The Dividend ETFs
Michael Johnston • Wed, Mar 7, 2012 • 4 Comments
3 Top High Yielding Financial ETFs
Zacks Investment Research • Tue, Feb 14, 2012 • 1 Comment
10%+ Yields - Too Good To Be True?
Plan B Economics • Fri, Feb 3, 2012 • 21 Comments
Global Dividend ETFs: Diversification Or More Of The Same?
Dividend Dog • Mon, Jan 23, 2012 • 3 Comments
5 ETFs With Dividend Yields Above 10%
Dividend Dog • Wed, Jan 11, 2012
Global Banking: What Should Be Done?
Elliott R. Morss • Tue, Jan 10, 2012 • 1 Comment

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A Financial Sector ETF Yielding Over 7%
Tom Lydon • Thu, Apr 25 • 2 Comments
Financial Sector Dividend ETF Offers Nearly 9% Yield
Tom Lydon • Fri, Sep 14, 2012 • 1 Comment
KBWD: How To Buy A Bundle Of Mortgage REITs
Greg Group • Tue, Jan 10, 2012 • 3 Comments

Why Financials Sector ETFs And Mutual Funds Are In Trouble
David Trainer • Tue, May 7 • 2 Comments
Best And Worst ETFs And Mutual Funds: Financials Sector
David Trainer • Mon, May 6
Use Caution With Double Digit Yield ETFs
David Fabian • Tue, Apr 30 • 4 Comments
Best And Worst ETFs And Mutual Funds: Financials Sector
David Trainer • Mon, Feb 18 • 2 Comments
3 High-Yield ETFs For Solid Returns
Angel Stoychev • Fri, Feb 8 • 14 Comments
Financial Sector: Earnings Estimates Starting To Improve - Can Revenues Follow?
Brian Gilmartin • Thu, Oct 11, 2012 • 4 Comments
3 ETFs With Yields Above 10%
Portfolio Management 101 • Fri, Aug 24, 2012 • 4 Comments
U.S. Banking Sector Still Not Out Of The Woods
Economics Fanatic • Thu, Jul 19, 2012
3 High-Yielding Monthly Dividend ETFs
Stoyan Bojinov • Tue, May 29, 2012
Dividends Are Dead. Long Live Dividends.
Plan B Economics • Sun, Mar 25, 2012 • 9 Comments
5 ETFs With Sky High Yields
Jared Cummans • Thu, Mar 22, 2012
3 High-Yielding ETF Alternatives To DVY And SDY
Kevin Quon • Mon, Mar 19, 2012 • 1 Comment
Highlighting The Kings Of The Dividend ETFs
Michael Johnston • Wed, Mar 7, 2012 • 4 Comments
3 Top High Yielding Financial ETFs
Zacks Investment Research • Tue, Feb 14, 2012 • 1 Comment
10%+ Yields - Too Good To Be True?
Plan B Economics • Fri, Feb 3, 2012 • 21 Comments
Global Dividend ETFs: Diversification Or More Of The Same?
Dividend Dog • Mon, Jan 23, 2012 • 3 Comments
5 ETFs With Dividend Yields Above 10%
Dividend Dog • Wed, Jan 11, 2012
Global Banking: What Should Be Done?
Elliott R. Morss • Tue, Jan 10, 2012 • 1 Comment
Financial ETFs Active On S&P Downgrade, BofA $5 Threshold
John Spence • Wed, Nov 30, 2011 • 1 Comment
Banks And Leverage
SL Advisors • Thu, Nov 3, 2011

There are no Transcripts on KBWD.

There are no News articles on KBWD.

KBWD vs. ETF Alternatives

KBWD Description

The PowerShares KBW High Dividend Yield Financial Portfolio (Fund) is based on the KBW Financial Sector Dividend Yield Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 publicly listed financial companies that are principally engaged in the business of providing financial services and products products, including banking, insurance and diversified financial services, in the United States. The Index may also include securities of BDCs and equity and mortgage REITs.
See more details on sponsor's website

Sector: Financial

Country: United States

Key Info

In Your Portfolio: Financial Sector ETFs, A Guide to Dividend ETFs
Asset Class Performance: Sectors

All
| Earnings
| Dividends
| M&A
| On the move

Friday, May 17, 5:56 AM UBS upgrades global financials to Overweight from Underweight on a healing global economy, rebuilt capital, and the sector's shift "from being a net issuer to a net distributor of cash." Furthermore, the U.S. banking sector (XLF) is taken to Overweight as balance sheet strength and attractive valuations play well with the housing market recovery to create compelling opportunities. European banks (EUFN) are lifted to Neutral "with a preference towards Nordic and U.K. banks." Financials respond in London with LLoyds Banking Group (LYG) +2.3%, Royal Bank of Scotland (RBS) +3.3%, and Barclays (BCS) up 0.5%. 5 Comments [Financials, Global & FX]
Wednesday, May 15, 7:54 AM "You're getting cost cuts as a means of sustaining performance and that's not a great sign," says analyst Simon Maughan. "What HSBC (HBC) is showing you (job cuts earlier) is that there is very little growth in the banking industry (XLF) for years to come." CEO Stuart Gulliver notes HSBC has met its savings target, but hasn't met a goal to reduce costs as a percentage of revenue because revenue hasn't grown. 1 Comment [Financials]
Wednesday, April 24, 3:58 PM Richard Pzena (PZN) - still heavily overweight financials (XLF) and mature tech (XLK) - makes his case for global banks in today's earnings call (transcript): With capital levels of 11-13% at JPM, C, and BCS double what they were pre-crisis, will regulators allow banks to earn a decent return on said capital? A definite "yes," says Pzena, seeing no reason demand for financial products won't continue to grow faster than GDP, and noting bank managers' "laser-like focus" on improving returns. An average price-to-book ratio of 0.7x combined with a modest ROE of 12-13% suggests fair value more than double current prices. Comment! [Financials, Tech, Quick Ideas]
Thursday, April 18, 7:37 AM Coming alongside a rise in lender earnings are calls for tougher regulation, including even more stringent capital requirements. Bank profits have thrived the past few years even with all the new rules, but maybe at the expense of economic growth. "The government aimed a Stinger missile at the banking industry and missed and hit the consumer as well," says Dick Bove. The XLF has about matched the S&P's 120% rise since the March 2009 bottom. 1 Comment [Financials]
Monday, April 15, 12:28 PM The Brown/Vitter bill being rolled out in Congress is essentially Armageddon to the TBTF banks, says Goldman, seeing it as mandating another $1.1T in equity for the banking system. Banks would need 12 years of earnings to build this amount organically, though the bill would give just 5 - say goodbye to lending. Break up the banks? BAC, C, JPM, and WFC all have multiple divisions with more than $400M in assets - the level at which the bill gets tough on lenders. 22 Comments [Financials]
Monday, April 15, 11:24 AM A 2.5% move up in Citigroup following earnings is allowing the banks (XLF) to tread water or even move higher in an otherwise bright red tape. Leading the S&P on the downside is the resources sector, XLE -2.9%, XLB -2.5%. S&P 500 (SPY) -0.7%. Comment! [Financials]
Friday, April 12, 12:09 PM "Expect more pronounced slowing" in mortgage banking and loan demand, says Sterne Agee's Todd Hagerman after this morning's earnings from Wells Fargo and JPMorgan. Mortgage banking income fell as expected, but both banks reported slowing application volumes as well, suggesting future cuts to earnings estimates. XLF -0.8%. 7 Comments [Financials]
Wednesday, April 10, 3:59 PM In comments with potential implications for the banking sector, CLSA analyst Mike Mayo says he sees a rebirth of shareholder rights in the sector with institutional investors taking control of their ownership stake. A "country club sort of attitude" has been prevalent for too long among bank boards, with directors getting fired one out of 3,000 times, Mayo says. (video) Comment! [Financials]
Friday, March 15, 4:52 PM The week's ETF movers - Gainers: GAZ +6.37%. UNG +5.80%. GDXJ + 4.66%. FCG +3.92%. KBWD +1.81%.
ETF Losers: TAN -7.33%. VXX -5.04%. BRF -4.33%. FXI -4.20%. EWY -3.78%. Comment!
Thursday, March 14, 5:14 PM After hours movers in the banks: JPM -2.5% and GS -2.1% after the two had their capital proposals approved but were asked to submit new plans "to address weakness in their capital planning processes." WFC +0.4%, BAC +3.8% after no dividend hike, but a whopping $10.5B in share repurchases and redemption of high-yielding preferreds. Morgan Stanley +0.9%. The XLF +0.1%. 18 Comments [Financials, On the Move]
Thursday, March 7, 11:01 AM The big U.S. banks are considering defying the Fed and announcing capital return plans shortly after stress tests are released this afternoon, reports Bloomberg. The Fed wants the lenders to wait another week, but bank lawyers worry the plans will leak out. It's under discussion, JPM CFO Lake told an investor conference (transcript) Tuesday. XLF +0.6%. 34 Comments [Financials]
Monday, March 4, 11:55 AM Expect gradual, but not outsized jumps in capital returns from the banks this year, says Goldman (stress tests results are due Thursday, capital return decisions due March 14). Management teams are likely to be conservative in their requests from the Fed as "taking a mulligan" - i.e., resubmitting a plan after being shot down - is not seen as a viable option. 6 Comments [Financials]
Tuesday, February 19, 11:42 AM The technicians call it resistance and the financial sector (XLF, KRE) is up against it in a big way, says BAML (h/t John Melloy). Comment! [Financials]
Friday, February 15, 9:32 AM New FASB proposals could give banks more room to value certain assets on their books with models, rather than market values. The proposals would also eliminate the perverse DVA adjustment, in which banks record a profit as their credit situation worsens (and a loss as it improves). Stakeholder comments are due by May 15. Comment! [Financials]
Wednesday, February 13, 7:45 AM Are more gains in store for the banks after the President last night gave a push to the stalled Menendez-Boxer bill which would streamline the refinancing process for Fannie and Freddie borrowers? BAC +0.9%, C +0.3%, JPM +0.5% premarket (no trades for WFC). 6 Comments [Financials]
Monday, February 11, 9:07 AM One of the most common mistakes investors make is going with the known rather than the best ETFs, says Matt Hougan, speaking at Index Universe's Inside ETFs conference. One example is using FXI for China exposure (discussed here, try CAF instead). Another: Buying XLF for financials avoids small caps. Look to IYF for broader exposure. 5 Comments [Global & FX, Quick Ideas]

KBWD PowerShares KBW High Dividend Yield Financial Portfolio ETF

KBWD

PowerShares KBW High Dividend Yield Financial Portfolio ETF