Confident That an Effective Coronavirus Vaccine is Coming? Consider These 3 ETFs | Personal Finance

With investors concerned about those issues, many have fled from banking stocks. The SPDR S&P Bank ETF (NYSEMKT: KBE) is down 10% year to date. But if effective COVID-19 vaccines quickly ease the economic pain around the globe, then the banking sector’s performance in late 2021 and 2022 will probably exceed forecasts. Fewer businesses will shut down, more people will remain employed, and fewer will default on mortgages, business loans, and credit card debt.

KBE is a large, diversified, reputable, and liquid ETF with a reasonable expense ratio that distributes cash to shareholders every quarter. It’s a great vehicle for exposure to the banking industry, which is set to move in sync with the fortunes of the wider economy.

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