NASDAQ | ETF
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the underlying index.
The index is designed to provide exposure toU. S. companies comprising the banking sector that have been selected based upon their liquidity and ranking.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 8.10% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 7.89% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 7.71% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 7.36% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 7.29% |
| CFG | Citizens Financial Group, Inc. | Financial Services | Banks - Regional | 4.66% |
| DFS | Discover Financial Services | Financial Services | Credit Services | 4.63% |
| FCNCA | First Citizens BancShares Inc | Financial Services | Banks - Regional | 4.53% |
| MTB | M&T Bank Corporation | Financial Services | Banks - Regional | 4.19% |
| PNC | PNC Financial Services Group Inc | Financial Services | Banks - Regional | 4.18% |
| FITB | Fifth Third Bancorp | Financial Services | Banks - Regional | 4.09% |
| HBAN | Huntington Bancshares Incorporated | Financial Services | Banks - Regional | 3.83% |
| RF | Regions Financial Corporation | Financial Services | Banks - Regional | 3.73% |
| KEY | KeyCorp | Financial Services | Banks - Regional | 2.71% |
| FHN | First Horizon National Corporation | Financial Services | Banks - Regional | 1.99% |
| WBS | Webster Financial Corporation | Financial Services | Banks - Regional | 1.67% |
| EWBC | East West Bancorp Inc | Financial Services | Banks - Regional | 1.63% |
| WAL | Western Alliance Bancorporation | Financial Services | Banks - Regional | 1.58% |
| NYCB | New York Community Bancorp Inc | Financial Services | Banks - Regional | 1.55% |
| VLY | Valley National Bancorp | Financial Services | Banks - Regional | 1.45% |