Banks and financials ETFs in the credit signal
Banks, insurers, brokers and payment companies. Driven by what banks earn on loans against what they pay for deposits, and how many loans go bad.
15ETFs in this category
$88.2bnmoney in them
12.0%of the credit signal’s money
XLFlargest unleveraged ETF, 61.2%
How they did, to Nov 2, 2026
| 1 month | YTD | 12 months | |
|---|---|---|---|
| Category median | +5.8% | +6.4% | +14.4% |
| Its story | +1.4% | +0.5% | +1.7% |
| Broad US ETFs | −2.5% | +11.5% | +11.8% |
Every ETF here, largest first
| # | ETF | Name | Assets | Share | 12 months | Fee |
|---|---|---|---|---|---|---|
| 1 | XLF | Financial Select Sector SPDR Fund | $54.0bn | 61.2% | +11.6% | 0.08% |
| 2 | VFH | Vanguard Financials ETF | $13.5bn | 15.3% | +11.6% | 0.09% |
| 3 | KBWB | Invesco KBW Bank ETF | $6.9bn | 7.8% | +18.9% | 0.35% |
| 4 | KRE | SPDR S&P Regional Banking ETF | $4.1bn | 4.6% | +25.8% | 0.35% |
| 5 | IYF | iShares U.S. Financials ETF | $3.8bn | 4.3% | +10.1% | 0.37% |
| 6 | FNCL | Fidelity MSCI Financials Index ETF | $2.3bn | 2.6% | +11.6% | 0.08% |
| 7 | KBE | SPDR S&P Bank ETF | $1.5bn | 1.7% | +21.3% | 0.35% |
| 8 | FXO | First Trust Financials AlphaDEX Fund | $1.1bn | 1.2% | +16.3% | 0.60% |
| 9 | KIE | SPDR S&P Insurance ETF | $519m | 0.6% | +17.0% | 0.35% |
| 10 | DFNL | Davis Select Financial ETF | $451m | 0.5% | +15.1% | 0.61% |
| 11 | BCFN | Baron Financials ETF | $47m | 0.1% | – | 0.80% |
| 12 | FBDC | FT Confluence BDC Specialty Finance Income ETF | $38m | 0.0% | −1.9% | 12.44% |
| 13 | TFNS | T. Rowe Price Financials ETF | $18m | 0.0% | +13.8% | 0.44% |
| 14 | PBUB | Portfolio Building Block US Banks ETF | $1m | 0.0% | – | 0.14% |
| 15 | LATR | Corgi Buy Now Pay Later ETF | under $1m | 0.0% | – | 0.35% |
Other categories in the credit signal
Common questions
Which ETFs are banks and financials ETFs?15 US ETFs sit in this category of the credit signal. Banks, insurers, brokers and payment companies. Driven by what banks earn on loans against what they pay for deposits, and how many loans go bad.
What is the largest banks and financials ETF?XLF, Financial Select Sector SPDR Fund, with $54.0bn, 61.2% of the category's money.
How have banks and financials ETFs performed?The median unleveraged ETF here returned +14.4% over the last 12 months to Nov 2, 2026, against +11.8% for broad US ETFs. Past performance, not a forecast.