Financial ETFs To Play The Bank Stress Tests [Bank of America Corp, Citigroup Inc, Wells Fargo & Co, American Express Company]

RWW currently has a Zacks ETF Rank #1 (Strong Buy) (read: 3 Top Ranked ETFs from Hottest Sectors).

PowerShares KBW Capital Markets Portfolio (NYSEARCA:KBWC)

This often overlooked fund manages an asset base of $9.8 million and tracks the KBW Capital Markets Index.

The index tracks the performance of companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges that are publicly traded. This focus results in the fund holding a small basket of 24 stocks.

State Street Corp., which topped the stress test, occupies the fourth spot in the fund with 7.8% allocation. Morgan Stanley and Goldman Sachs are two other banks listed in the top ten of the fund.

The fund currently carries a Zacks ETF Rank #2 (Buy) and has returned 27.28% in the past one year.

This article is brought to you courtesy of Eric Dutram.

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