Ominous Signs From Bank ETFs
February 26, 2016 at 09:00 AM EST
Down 11.2% year-to-date, the Financial Select Sector SPDR (NYSEArca: XLF) is the worst performer among the sector SPDR exchange traded funds. Rival financial services ETFs, such as the iShares U.S. Financials ETF (NYSEArca: IYF) and the Vanguard Financials ETF (NYSEArca: VFH) have not been much...