Bank ETF

Of course the banking sector has had its period of gloom and doom. During the credit crisis many banks were on the brink of bankruptcy. Governments had to rescue many of them. Today the banking sector has improved but not to the extent of the glory days just ahead of their collapse. 

Many revenue models are washed away (and many of them were a bit shadowy to say the least). Big question remains, will banks be able to survive by doing business in a more modest way? 

ECB and regulator’s conditions have become more strict with severe measures. Simultaneously many banks still have a container of old and bad loans. That being said we do need banks now and in the future. 

Maybe we will see a surge in mergers and acquisitions. Will only a few strong banks survive? Many uncertainties in this bank ETF. But it is within these uncertainties that one can get the best results. 

Lyxor STOXX Europe 600 Banks UCITS ETF

You will find 46 large European banks in this bank ETF from Lyxor. This Lyxor ETF is tracking the STOXX Europe 600 Banks Net Return index.

The largest bank in this index is HSBC with a 13% share. Banco Santander follows in second place with a 7% share and BNP Paribas is third with a share of 6%.

Geographically the UK is leading here with a 27% share. Spain is second with a 15% share. Third are 3 countries, Switzerland, Italy and France with a 10% share each. 

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