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May 3, 2021
Momentum investing and regional banks appear to be joined at the hip. To continue playing this strength in the second quarter of 2021, investors can look at the
IAT seeks to track the investment results of the Dow Jones U.S. Select Regional Banks Index. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.
The underlying index measures the performance of the regional bank sector of the U.S. equity market, and is a subset of the Dow Jones U.S. Bank Index. The fund is up over 30% as the U.S. economy continues to rebound, which could result in higher interest rates.
Levered to the Economy, Regional Bank ETFs Are About to Explode March 11, 2021
Regional banks that could be one of the prime beneficiaries of a global economic recovery. ETFs like the
One of the reasons is regional banks’ propensity to move with the ebbs and flows of the economy. When the economy is thriving, regional banks can trend higher and vice versa.
“The regional banks are closer to Main Street. You could argue that they have their thumb on the pulse of the real economy more than the ivory tower types on Wall Street,” said Donald Calcagni, chief investment officer with Mercer Advisors.