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What is the iShares global financials ETF?

The iShares Global Financials ETF seeks to track the investment results of an index composed of global equities in the financials sector.

What is a financial sector ETF?

In a nutshell, this ETF is designed to reflect the overall performance of large-cap financial sector stocks. It’s important to note that while banking is a large component of the ETF’s holdings, the financial sector (and, therefore, this ETF) also include insurance companies, financial services firms, and a few other types of businesses.

Which banks are a good ETF to invest in?

Holdings include major U.S. money center banks such as Wells Fargo, JPMorgan Chase, and Bank of America. For investors seeking to avoid investments in big banks, there are ETFs that specialize in U.S. regional or community banks. For example, the SPDR Regional Banking ETF ( KRE) follows the S&P Regional Banks Select Industry Index.

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