Here’s What's Hurting Regional Bank ETFs
October 15, 2019 at 08:00 AM EDT
The SPDR S&P Regional Banking ETF ( KRE A- ) , the largest ETF dedicated to regional bank equities, is up just 7.25% this year, about half the gains posted by diversified financial services ETFs. KRE and rival regional bank ETFs could be in for more lethargy if the Federal Reserve continues lowering interest rates.