RYF ETF

People say that following insider buying at a particular company is a potentially fruitful for endeavor for investors. This is because directors and high-ranking executives usually scoop up their employer's stock.

To date, second-quarter earnings reports from the major domestic banks have been solid. Bank stocks will be further tested this week amid a spate of profit updates from regional banks.

If you're interested in broad exposure to the Financials - Broad segment of the equity market, look no further than the Invesco S&P 500 Equal Weight Financials ETF (RYF), a passively managed exchange traded fund launched on 11/01/2006.

Designed to provide broad exposure to the Financials ETFs category of the market, the Invesco S&P 500 Equal Weight Financials ETF (RYF) is a smart beta exchange traded fund launched on 11/01/2006.

Following a March marred by bank collapses and elevated duress in the global banking system, some market participants are rightfully pensive about embracing financial services equities and the related exchange traded funds.

Multiple bank collapses stoked fears that more could be on the way, creating damaging headwinds for bank stocks and the related exchange traded funds. While bank collapses are unnerving and the financial services sector ranks as one of the worst-performing groups in the S&P 500 this year, there is some silver lining for investors.

Invesco S&P 500 Equal Weight Financials ETF is the same portfolio as the more popular XLF, except that it weights its holdings equally. If there was ever a time to consider financials in an equal-weighted fashion, it is right now. It cuts single stock risk.

Sector ETF report for RYF