After the collapse of Silicon Valley bank (more on that here: https://youtu.be/_MWXaXTBIhU), could this be an opportunity to look at some Bank ETFs that suffered based on the fear of SVB? In this video we will look at 4 financial sector ETFs to consider.
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Today, I’m sharing four banking ETFs that have beat the S&P 500 over the last three years when Silicon Valley Bank and Signature Bank collapsed and went under the control of the FDIC. There was a lot of fear in the banking industry, but as a result of all this, banking ETFs, as well as bank individual stocks, have seen yearly lows and sometimes lows that haven’t been seen in the last three years.
Now, check out this chart right here. These are some of the ETFs we’re going to cover. But look at all those colors going down. That massive decline happened over the last week as a result of the fears from the Silicon Valley bank collapse. Is now the time to enter on some of these ETFs and ride the wave back up?
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*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
