Financial News

This Week's Top Performing ETFs: 10/25/2020

By: ETFdb
These were last week’s top performing ETFs. We’ve excluded funds which use leverage or make inverse bets on their underlying assets. This past week saw quite a few smaller bank funds with standout performance. While the SPDR S&P Regional Banking ETF ( KRE A- ), the Invesco KBW Regional Banking ETF ( KBWR B- ) and the First Trust NASDAQ ABA Community Bank Index ( QABA B- ) focus exclusively on regional banks, and this week have higher returns accordingly, the SPDR S&P Bank ETF ( KBE A ) equaled the industry titans and small local banks. Of the four, it seems investors favored the two larger SPDR funds. KRE saw $81 million in new assets, while KBE brought in $180 million.
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