ProShares and KBW have brought two new ETFs to market that provide leveraged and inverse exposure to regional bank equities.

The Ultra KBW Regional Banking (KRU) and Short KBW Regional Banking (KRS) funds seek to provide 200% and -100% respectively of the return of the KBW Regional Banking Index for a single day net of fees and expenses.  The KBW Regional Banking Index is the most widely used benchmark for U.S. regional banking stocks.

The expense ratio for the new ETFs is 0.95%.

For more ETF investing choices, see the industry ETF directory.