NASDAQ | ETF
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities of financial companies.
The manager defines financial companies as companies in banking, insurance, consumer finance, capital markets, government-sponsored financial enterprises, securities exchanges, REITS, transaction and payment processing, mortgage finance, investment management, and/or financial services.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 9.34% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 7.60% |
| MA | Mastercard Inc | Financial Services | Credit Services | 6.17% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 5.12% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 5.07% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 5.04% |
| SCHW | Charles Schwab Corp | Financial Services | Capital Markets | 3.99% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 3.30% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 3.11% |
| COF | Capital One Financial Corporation | Financial Services | Credit Services | 2.71% |
| CB | Chubb Ltd | Financial Services | Insurance - Property & Casualty | 2.67% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 2.43% |
| SPGI | S&P Global Inc | Financial Services | Financial Data & Stock Exchanges | 2.16% |
| ALL | The Allstate Corporation | Financial Services | Insurance - Property & Casualty | 2.11% |
| MMC | Marsh & McLennan Companies Inc | Financial Services | Insurance Brokers | 1.93% |
| BLK | BlackRock Inc | Financial Services | Asset Management | 1.67% |
| ICE | Intercontinental Exchange Inc | Financial Services | Financial Data & Stock Exchanges | 1.62% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 1.58% |
| AXP | American Express Company | Financial Services | Credit Services | 1.55% |
| KKR | KKR & Co LP | Financial Services | Asset Management | 1.51% |