Is it Finally Time to Bank on Bank ETFs?
January 23, 2019 at 15:55 PM EST
As was widely reported, bank stocks and the corresponding exchange traded funds turned in dismal performances in 2018. Even amid the backdrop of four interest rate hikes by the Federal Reserve, the SPDR S&P Bank ETF (NYSEArca: KBE) plunged 19.60% for the year. The equal-weight KBE “seeks to...