Core Insights - The Invesco KBW High Dividend Yield Financial ETF (KBWD) is a smart beta ETF launched on December 2, 2010, providing broad exposure to the Financials sector [1] - KBWD aims to match the performance of the KBW Nasdaq Financial Sector Dividend Yield Index, which includes 24 to 40 publicly listed financial companies in the US [5][6] - The ETF has an annual operating expense of 2.02% and a 12-month trailing dividend yield of 12.28% [7] Fund Overview - Managed by Invesco, KBWD has assets exceeding $430.92 million, categorizing it as an average-sized ETF in the Financials sector [5] - The fund's portfolio is entirely allocated to the Financials sector, with top holdings including Orchid Island Capital Inc (4.77%), Invesco Mortgage Capital Inc, and Dynex Capital Inc [8][9] Performance Metrics - As of September 10, 2025, KBWD has returned approximately 5.07% year-to-date and 5.82% over the past year, with a trading range between $12.37 and $15.76 in the last 52 weeks [11] - The fund has a beta of 1.15 and a standard deviation of 20.69% over the trailing three-year period, indicating medium risk [11] Alternatives - Other ETFs in the Financials sector include Vanguard Financials ETF (VFH) with $12.89 billion in assets and Financial Select Sector SPDR ETF (XLF) with $54.53 billion [13] - VFH has an expense ratio of 0.09% and XLF has 0.08%, presenting lower-cost options for investors [13]

Core Insights - The Fidelity MSCI Financials Index ETF (FNCL) is a passively managed ETF launched on October 21, 2013, designed to provide broad exposure to the financial sector of the equity market [1][3] - FNCL has amassed over $2.35 billion in assets, making it one of the larger ETFs in the Financials - Broad segment [3] - The ETF has a low expense ratio of 0.08% and a 12-month trailing dividend yield of 1.46% [4] Index Details - FNCL aims to match the performance of the MSCI USA IMI Financials Index before fees and expenses [3] - The MSCI USA IMI Financials 25/50 Index represents the performance of the financial sector in the U.S. equity market [3] Sector Exposure and Top Holdings - FNCL has a 100% allocation in the Financials sector, providing diversified exposure [5] - The top three holdings are Jpmorgan Chase + Co (8.82%), Berkshire Hathaway Inc (BRK.B), and Bank Of America Corp (BAC), with the top 10 holdings accounting for approximately 40.98% of total assets [6] Performance and Risk - FNCL has increased by about 11.49% year-to-date and approximately 22.65% over the past year as of September 10, 2025 [7] - The ETF has a beta of 1.03 and a standard deviation of 18.68% over the trailing three-year period, indicating medium risk [7] Alternatives - FNCL carries a Zacks ETF Rank of 3 (Hold), suggesting it is a reasonable option for investors seeking exposure to the Financials ETFs area [8] - Other alternatives include Vanguard Financials ETF (VFH) with $12.89 billion in assets and Financial Select Sector SPDR ETF (XLF) with $54.53 billion in assets [9]

Core Insights - The First Trust Financials AlphaDEX ETF (FXO) is a smart beta ETF launched on 05/08/2007, providing broad exposure to the Financials sector [1] - FXO aims to outperform traditional passive indices by utilizing the AlphaDEX screening methodology to select stocks from the Russell 1000 Index [6] Fund Overview - Managed by First Trust Advisors, FXO has accumulated over $2.25 billion in assets, positioning it among the larger ETFs in the Financials category [5] - The fund's annual operating expenses are 0.61%, which is competitive within its peer group, and it has a 12-month trailing dividend yield of 1.87% [7] Sector Exposure and Holdings - FXO has a significant allocation in the Financials sector, comprising approximately 99.7% of its portfolio [8] - The top holdings include Bank Ozk (1.68% of total assets), Invesco Ltd., and Interactive Brokers Group, with the top 10 holdings accounting for about 16.07% of total assets [9] Performance Metrics - Year-to-date, FXO has returned approximately 10.08%, and it has increased by about 21.33% over the last 12 months as of 08/25/2025 [11] - The fund has a beta of 1.02 and a standard deviation of 22.53% over the trailing three-year period, indicating a medium risk profile [11] Alternatives - Other ETFs in the Financials space include Vanguard Financials ETF (VFH) and Financial Select Sector SPDR ETF (XLF), with VFH having $12.88 billion in assets and XLF at $52.3 billion [13] - VFH and XLF have lower expense ratios of 0.09% and 0.08% respectively, making them attractive alternatives for cost-conscious investors [13]

Core Insights - The iShares U.S. Financial Services ETF (IYG) offers broad exposure to the Financials sector, appealing to both institutional and retail investors due to its low cost and transparency [1][2] - The ETF is sponsored by Blackrock and has assets exceeding $1.87 billion, aiming to match the performance of the Dow Jones U.S. Financial Services Index [3] - The ETF has an annual operating expense ratio of 0.39% and a 12-month trailing dividend yield of 1.06% [4] Sector Exposure and Holdings - IYG provides nearly 100% allocation in the Financials sector, ensuring diversified exposure [5] - The top holdings include Berkshire Hathaway Inc Class B (13.21%), Jpmorgan Chase & Co, and Visa Inc Class A, with the top 10 holdings comprising approximately 60.74% of total assets [6] Performance Metrics - Year-to-date return for IYG is approximately 12.55%, with a 12-month return of about 28.02% as of August 19, 2025 [7] - The ETF has a beta of 1.11 and a standard deviation of 19.77% over the trailing three-year period, indicating a higher risk profile [7] Alternatives - IYG holds a Zacks ETF Rank of 2 (Buy), suggesting it is a strong option for investors seeking Financials exposure [8] - Other ETFs in the sector include Vanguard Financials ETF (VFH) with $12.64 billion in assets and Financial Select Sector SPDR ETF (XLF) with $52.46 billion, both having lower expense ratios of 0.09% and 0.08% respectively [9]

Core Viewpoint - The Vanguard Financials ETF (VFH) is a passively managed fund designed to provide broad exposure to the financial sector, appealing to both institutional and retail investors due to its low costs and tax efficiency [1][2]. Group 1: Fund Overview - VFH was launched on January 26, 2004, and has accumulated over $12.63 billion in assets, making it one of the largest ETFs in the financial sector [3]. - The ETF aims to match the performance of the MSCI US Investable Market Financials 25/50 Index, which measures investment returns in the financial sector [3]. Group 2: Cost Structure - VFH has an annual operating expense ratio of 0.09%, positioning it as one of the least expensive options in the ETF market [4]. - The fund offers a 12-month trailing dividend yield of 1.71% [4]. Group 3: Sector Exposure and Holdings - The ETF is fully allocated to the financial sector, with approximately 100% of its portfolio dedicated to this area [5]. - Major holdings include Jpmorgan Chase & Co (9.6% of total assets), Berkshire Hathaway Inc, and Mastercard Inc [6]. Group 4: Performance Metrics - Year-to-date, VFH has returned approximately 9.53%, with a 12-month return of about 23.7% as of August 18, 2025 [7]. - The ETF has a beta of 1.01 and a standard deviation of 18.85% over the trailing three-year period, indicating medium risk [7]. Group 5: Alternatives - VFH holds a Zacks ETF Rank of 2 (Buy), suggesting it is a strong option for investors seeking exposure to the financial sector [8]. - Other alternatives include the iShares MSCI Europe Financials ETF (EUFN) and the Financial Select Sector SPDR ETF (XLF), with respective assets of $4.44 billion and $52.72 billion [9][10].

Core Insights - The iShares U.S. Financials ETF (IYF) is a passively managed ETF launched on May 22, 2000, providing broad exposure to the Financials sector of the equity market [1][3] - The ETF has amassed over $3.97 billion in assets, making it one of the largest ETFs in its category [3] - IYF seeks to match the performance of the Dow Jones U.S. Financials Index before fees and expenses [3] Cost Structure - The annual operating expenses for IYF are 0.39%, which is competitive within its peer group [4] - The ETF has a 12-month trailing dividend yield of 1.28% [4] Sector Exposure and Holdings - Approximately 99.5% of IYF's portfolio is allocated to the Financials sector [5] - The largest holding is Berkshire Hathaway Inc Class B (BRK.B), accounting for about 11.34% of total assets, followed by Jpmorgan Chase & Co (JPM) and Bank Of America Corp (BAC) [6] - The top 10 holdings represent about 46.81% of total assets under management [6] Performance Metrics - As of August 18, 2025, IYF has returned approximately 11.54% year-to-date and 24.28% over the past year [7] - The fund has traded between $99.23 and $124.47 in the past 52 weeks [7] - IYF has a beta of 1.01 and a standard deviation of 18.77% over the trailing three-year period, indicating medium risk [7] Alternatives - IYF holds a Zacks ETF Rank of 2 (Buy), indicating strong potential based on expected returns, expense ratio, and momentum [8] - Other ETFs in the financial sector include Vanguard Financials ETF (VFH) and Financial Select Sector SPDR ETF (XLF), with VFH having $12.63 billion in assets and XLF having $52.72 billion [9]

Core Insights - The Invesco KBW High Dividend Yield Financial ETF (KBWD) is a passively managed ETF launched on December 2, 2010, aimed at providing long-term investors with exposure to the Financials sector [1][3] - The ETF has amassed over $424.82 million in assets, making it an average-sized fund in the Financials - Broad segment [3] - The fund seeks to match the performance of the KBW Nasdaq Financial Sector Dividend Yield Index, which includes 24 to 40 publicly listed financial companies in the US [4] Cost and Performance - The annual operating expenses for KBWD are 2.02%, which is considered high compared to other ETFs, but it offers a 12-month trailing dividend yield of 12.5% [5] - The ETF has gained approximately 3.66% year-to-date and 7.64% over the past year, with a trading range between $12.37 and $15.76 in the last 52 weeks [8] Sector Exposure and Holdings - KBWD has a 100% allocation in the Financials sector, providing diversified exposure while minimizing single stock risk [6] - The top holdings include Orchid Island Capital Inc (4.67%), Invesco Mortgage Capital Inc, and Armour Residential Reit Inc, with the top 10 holdings accounting for about 36.48% of total assets [7] Alternatives - Other ETFs in the Financials space include Vanguard Financials ETF (VFH) with $12.69 billion in assets and Financial Select Sector SPDR ETF (XLF) with $52.35 billion, both having significantly lower expense ratios of 0.09% and 0.08% respectively [10]

Core Insights - The Invesco S&P 500 Equal Weight Financials ETF (RSPF) debuted on November 1, 2006, and provides broad exposure to the Financials ETFs category [1] - RSPF is designed to match the performance of the S&P 500 Equal Weight Financials Index, which equally weights stocks in the financial sector [5] Fund Overview - RSPF is managed by Invesco and has accumulated over $321.89 million in assets, categorizing it as an average-sized ETF in the Financials sector [5] - The ETF has an annual operating expense ratio of 0.40% and a 12-month trailing dividend yield of 1.20% [6] Sector Exposure and Holdings - RSPF's portfolio is entirely allocated to the Financials sector, with Coinbase Global Inc (COIN) making up approximately 1.84% of total assets [7][8] - The top 10 holdings represent about 15.19% of RSPF's total assets under management [8] Performance Metrics - As of August 13, 2025, RSPF has gained approximately 6.68% year-to-date and 22.11% over the past year [9] - The ETF has a beta of 0.96 and a standard deviation of 17.19% over the trailing three-year period, indicating effective diversification of company-specific risk [10] Alternatives in the Market - Other ETFs in the Financials space include Vanguard Financials ETF (VFH) and Financial Select Sector SPDR ETF (XLF), with VFH having $12.62 billion in assets and XLF at $52.32 billion [12] - VFH has a lower expense ratio of 0.09% compared to RSPF, while XLF charges 0.08% [12]

Core Viewpoint - The First Trust Financials AlphaDEX ETF (FXO) is a passively managed ETF that provides broad exposure to the Financials sector, appealing to both institutional and retail investors due to its low costs and tax efficiency [1][2]. Group 1: Fund Overview - Launched on May 8, 2007, FXO has accumulated over $2.17 billion in assets, positioning it among the larger ETFs in the Financials sector [3]. - FXO aims to match the performance of the StrataQuant Financials Index, which utilizes a modified equal-dollar weighted methodology to select stocks from the Russell 1000 Index [4]. Group 2: Costs and Performance - The ETF has an annual operating expense ratio of 0.61% and a 12-month trailing dividend yield of 1.95% [5]. - FXO has increased approximately 5.81% year-to-date and 23.62% over the past year, with a trading range between $45.9 and $59 in the last 52 weeks [8]. Group 3: Sector Exposure and Holdings - FXO has a significant allocation in the Financials sector, comprising about 99.7% of its portfolio [6]. - The top holdings include Bank Ozk (1.68% of total assets), Invesco Ltd., and Interactive Brokers Group, with the top 10 holdings accounting for approximately 16.07% of total assets [7]. Group 4: Alternatives and Market Position - FXO carries a Zacks ETF Rank of 3 (Hold), indicating it is a viable option for investors seeking exposure to the Financials sector [9]. - Other alternatives include the Vanguard Financials ETF (VFH) and the Financial Select Sector SPDR ETF (XLF), which have significantly larger asset bases and lower expense ratios [10].

Core Insights - The Q2 earnings season shows a positive trend with a higher number of companies exceeding consensus estimates, indicating a stabilizing macroeconomic environment and encouraging management commentary [1] - Earnings estimates for the second half of the year are beginning to rise again due to the positive performance in Q2 [1] Earnings Performance - For the 117 S&P 500 companies that reported Q2 results, total earnings increased by 8.3% year-over-year, with revenues up by 5.3%. Notably, 87.2% of these companies surpassed EPS estimates, and 80.3% exceeded revenue estimates [2] - The EPS beat percentage of 87.2% is above the historical average of 81.9%, while the revenue beat percentage of 80.3% is also higher than the historical average of 70% [3] Sector Analysis - **Finance Sector**: Earnings for finance companies are up 17.3% year-over-year with revenues increasing by 5.5%. A significant 91.2% of finance companies beat EPS estimates, and 79.4% surpassed revenue estimates [5][6] - **Technology Sector**: Q2 earnings are expected to grow by 13% with revenues up by 11.8%. The "Magnificent -7" stocks are expected to see an 11.9% increase in earnings on 11.4% higher revenues [7][8] - **Consumer Discretionary Sector**: Earnings are projected to increase by 107.9% with revenues up by 2.3% in Q2, and Q3 earnings are expected to rise by 6.8% [9] - **Aerospace Sector**: Q2 earnings are expected to grow by 20.1% with revenues up by 10.4%. Q3 earnings are projected to surge by 257.3% year-over-year [10]