Investors Can Find Value in Financial ETFs
August 15, 2014 at 10:30 AM EDT
The financial stocks, along with sector-related exchange traded funds, have fallen behind the broader markets but now appear relatively undervalued. The Financial Select Sector SPDR (NYSEArca: XLF) has increased 3.9% year-to-date and rose 12.1% over the past year. In comparison, the S&P 500...