NYSE ARCA | ETF
The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index.
The index is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the GICS regional banks sub-industry.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ZION | Zions Bancorporation | Financial Services | Banks - Regional | 3.39% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 3.35% |
| CFG | Citizens Financial Group Inc | Financial Services | Banks - Regional | 3.34% |
| RF | Regions Financial Corporation | Financial Services | Banks - Regional | 3.28% |
| HBAN | Huntington Bancshares Incorporated | Financial Services | Banks - Regional | 3.27% |
| NYCB | New York Community Bancorp Inc | Financial Services | Banks - Regional | 3.21% |
| WAL | Western Alliance Bancorporation | Financial Services | Banks - Regional | 3.16% |
| MTB | M&T Bank Corp | Financial Services | Banks - Regional | 3.14% |
| FHN | First Horizon National Corporation | Financial Services | Banks - Regional | 2.94% |
| EWBC | East West Bancorp Inc | Financial Services | Banks - Diversified | 2.02% |
| WBS | Webster Financial Corporation | Financial Services | Banks - Regional | 1.82% |
| CFR | Cullen/Frost Bankers Inc | Financial Services | Banks - Regional | 1.61% |
| SNV | Synovus Financial Corp | Financial Services | Banks - Regional | 1.59% |
| PB | Prosperity Bancshares Inc | Financial Services | Banks - Regional | 1.32% |
| CADE | Cadence Bancorp | Financial Services | Banks - Regional | 1.22% |
| PNFP | Pinnacle Financial Partners Inc | Financial Services | Banks - Regional | 1.22% |
| OZK | Bank Ozk | Financial Services | Banks - Regional | 1.21% |
| ASB | Associated Banc-Corp | Financial Services | Banks - Regional | 1.20% |
| COLB | Columbia Banking System Inc | Financial Services | Banks - Regional | 1.13% |
| AX | Axos Financial Inc | Financial Services | Banks - Regional | 1.12% |