Regional Bank ETFs Still Scuffling
January 20, 2015 at 13:18 PM EST
Victimized by last year’s epic decline by 10-year Treasury yields, regional bank exchange traded funds staggered to mediocre annual returns. For example, the SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest regional bank ETF, returned just 1.8% last year, a meager showing compared to...