After outperforming other sectors since the beginning of the year, financials have given up most of the gains and are now even with the broader market.
![XLF May 2012](https://etfmarketpro.com.s187837.gridserver.com/wp-content/uploads/xlf-may2012-300x287.gif)
State Street’s Financial Select Sector SPDR Fund (XLF) was up 20% as late as the beginning of April before beginning a 6-week slide. XLF is now up only 3% year-to-date compared to a 2% gain for the broader market.
Top holdings for XLF include Wells Fargo, Berkshire Hathaway, JP Morgan Chase, Citigroup and Bank of America.. The expense ratio for the $5.0 billion ETF is 0.18%.
For more ways to invest, see the complete list of industry ETFs.
– ETF MarketPro Staff
May 21, 2012