State Street SPDR S&P Bank ETF provides broader industry exposure
The State Street SPDR S&P Bank ETF spreads its capital across 101 holdings, tracking a modified equal-weighted index.
Its largest positions include Voya Financial at 1.24%, Citigroup at 1.2%, and Apollo Global Management at 1.19%.
The fund has a trailing-12-month dividend payout of $1.48 per share and a lower expense ratio compared to the iShares U.S. Regional Banks ETF, which has a higher dividend yield of 2.8% and a payout of $1.62 per share.