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 |
|---|---|---|---|---|
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 8.78% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 7.94% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 7.63% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 7.55% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 7.42% |
| DFS | Discover Financial Services | Financial Services | Credit Services | 4.63% |
| MTB | M&T Bank Corporation | Financial Services | Banks - Regional | 4.32% |
| PNC | PNC Financial Services Group Inc | Financial Services | Banks - Regional | 3.87% |
| HBAN | Huntington Bancshares Incorporated | Financial Services | Banks - Regional | 3.76% |
| CFG | Citizens Financial Group, Inc. | Financial Services | Banks - Regional | 3.75% |
| FCNCA | First Citizens BancShares Inc | Financial Services | Banks - Regional | 3.74% |
| FITB | Fifth Third Bancorp | Financial Services | Banks - Regional | 3.49% |
| RF | Regions Financial Corporation | Financial Services | Banks - Regional | 3.30% |
| KEY | KeyCorp | Financial Services | Banks - Regional | 2.55% |
| WBS | Webster Financial Corporation | Financial Services | Banks - Regional | 2.00% |
| FHN | First Horizon National Corporation | Financial Services | Banks - Regional | 1.93% |
| EWBC | East West Bancorp Inc | Financial Services | Banks - Regional | 1.60% |
| NYCB | New York Community Bancorp Inc | Financial Services | Banks - Regional | 1.55% |
| PB | Prosperity Bancshares Inc | Financial Services | Banks - Regional | 1.48% |
| CMA | Comerica Inc | Financial Services | Banks - Regional | 1.46% |