Badness Brewing for Regional Bank ETF
August 08, 2014 at 08:00 AM EDT
With Thursday’s slide, the SPDR S&P Regional Banking ETF (NYSEArca: KRE) is off about 6% this year, a particularly glum performance when measured against the 2% gain for the Financial Select Sector SPDR (NYSEArca: XLF). Those familiar with KRE, the largest regional bank ETF, know the ETF’s...