Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Experts are bullish on the Financial Select Sector SPDR Fund (XLF-N) as it is considered the No. 1 US financials ETF. The fund includes well-performing companies such as BRK.B, Visa, and JPM, as well as regional banks and asset management firms. The ETF is showing strong performance, making new highs in the last year and signaling the start of a new, longer-term bull market. Other related ETFs like KIE and KCE are also looking promising, especially in the insurers and asset management sectors.

Consensus
Bullish
Valuation
Fair Value
Similar
Vanguard Financials, VFH
BUY
US financials ETF?

In his ETF long/short fund, financials are his second-biggest weighting. XLF includes BRK.B, Visa, JPM, a few regional banks, asset management companies, P&C companies. All are performing well right now. Only made a new high in the last year, start of a new, longer-term bull market.

KIE also looks really good, the insurers. KCE includes asset managers and investment banks, also good.

See his Top Picks.

E.T.F.'s
BUY
Financials will be resilient during a recession. Prefers this ETF than an individual bank stock. In every recession, there's always one industry whose balance sheet is hurt the most. In 2000-1, it was tech. They cleaned up their balance sheet so they could endure the next recession. In 2008, it was financials. Therefore, financials are set up for this year.
E.T.F.'s
BUY
Doesn't expect a recession, but if there is, financials are a good space to be in. Balance sheets are healthy. Will benefit from a lift in economic activity through loans.
E.T.F.'s
BUY
He sold some of MS shares to buy this, taking profits. A pure momentum trade.
E.T.F.'s
BUY
The VIX at 30 is a signal. She's also watching S&P levels. We're near a bottom. She took off some hedges today. She bought back XLF.
E.T.F.'s
DON'T BUY
The most broadly diversified financials ETF. Bumping along. US bank sector only last year broke above the highs of 2007, a positive backdrop. Instead, look at the KCE, a capital markets ETF with MS, GS and so on. KCE has twice the dividend yield, with a higher growth rate, and outperforming nicely since April. Either go with KCE, or pick an individual name like MS.
E.T.F.'s
COMMENT
Today's hot inflation data triggering a sell-off There's a lot of put-buying today. There was a buyer of 11,000 of the August 31 puts in XLF, for example. Buyers are looking for more downside or get a little protection to the downside. The key market influencer is not oil, but rather it continues to be the 10-year yield: above 3% the markets start selling, and below 3%, they buy. Certainly, energy and food are major contributors to inflation.
E.T.F.'s
BUY
USD ETF for a new investor. You won't find good yield in the US banks, as they're about 1.75%. Try XLF, as it's done well and he'd be buying. If you want to be in USD, this is the place to be.
E.T.F.'s
BUY
We're just starting to see the seasonality for US financials, which usually runs from mid-December to mid-April, though it can start in January. US financials have recently pulled back compared to the S&P 500. They're much more sensitive to interest rates than Canadian banks, because the Canadian banks have much higher dividends. US financials react strongly to inflation and interest rate movement. At the beginning of the year, inflation and interest rates tend to pick up. He's bullish on both US and Canadian banks. In the States, he uses the XLF, which should do well coming up in the new year, especially if interest rates and strength in the economy start to pick up. If investors can look ahead to when Omicron numbers decline, which they will, they'll see this sector do quite well seasonally from now till mid-April.
E.T.F.'s
BUY
XLF vs. VFH vs. ZWK Likes US banks. ZWK is an equal weighted basket of large and regional banks. It will benefit when you see the economy recover, 6-12 months out, with lower loan losses, steepening yield curve. Yield about 6.9%, a combination of dividends and covered call options. Makes sense if you're in it for the income. XLF and VFH don't have the covered call, do have a lower expense ratio, and let you capture the upside from the underlying securities.
E.T.F.'s
BUY

Top 2 or 3 ETFs until 2022. He likes SMH-N - semiconductors. XLF-N still has upside as the financials have underperformed. Canadian banks stick out as well. They are sitting on a whack of cash and have not been able to raise dividends. They will probably take some loan loss provisions back into earnings soon.

E.T.F.'s
HOLD
There is a view that the US could potentially further lower rates, but if the US follows the trade agreement, it is possible they could even raise rates. If you have not been in the US financials up until now, then you have probably missed the best of the run. Canadian banks are probably fairly fully valued. The biggest opportunities in the banking sector are currently in Europe.
E.T.F.'s
DON'T BUY
He would stay away from this space. He sees deposit rates coming up and the flat yield curve making it difficult for this space to make money. Not a good time for banks. He would stay away.
E.T.F.'s
PAST TOP PICK
(A Top Pick Dec 26/17, Down 13%) He will continue to like holding US bank stocks. Rising interest rates will help this ETF. He would not buy this for the yield, which is near 1.8%.
E.T.F.'s
PAST TOP PICK
(A Top Pick Dec 18/17, Down 2%) Thinks it will do quite well next year. There’s been a rotation out of tech into value, which is where you find financials.
E.T.F.'s
Showing 1 to 15 of 66 entries

Financial Select Sector SPDR Fund(XLF-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Financial Select Sector SPDR Fund is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Financial Select Sector SPDR Fund(XLF-N) Frequently Asked Questions

What is Financial Select Sector SPDR Fund stock symbol?

Financial Select Sector SPDR Fund is a American stock, trading under the symbol XLF-N on the NYSE Arca (XLF). It is usually referred to as AMEX:XLF or XLF-N

Is Financial Select Sector SPDR Fund a buy or a sell?

In the last year, 1 stock analyst published opinions about XLF-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Financial Select Sector SPDR Fund.

Is Financial Select Sector SPDR Fund a good investment or a top pick?

Financial Select Sector SPDR Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for Financial Select Sector SPDR Fund.

Why is Financial Select Sector SPDR Fund stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Financial Select Sector SPDR Fund worth watching?

1 stock analyst on Stockchase covered Financial Select Sector SPDR Fund In the last year. It is a trending stock that is worth watching.

What is Financial Select Sector SPDR Fund stock price?

On 2024-04-12, Financial Select Sector SPDR Fund (XLF-N) stock closed at a price of $40.06.