Bank, Financial Sector ETFs Could Continue to Lag Behind
September 14, 2018 at 13:54 PM EDT
Bank and financial sector-related ETFs have been underperforming despite the rising interest rate environment, and the segment of the market may continue to drag its feet. The Financial Select Sector SPDR (NYSEArca: XLF) rose 1.2% and SPDR S&P Bank ETF (NYSEArca: KBE) gained 2.5% so far this...