Index
Financials sectorXLF
Tracked by the Financial Select Sector SPDR ETF (XLF)
Banks, insurers, payment networks and investment firms, such as Berkshire Hathaway, JPMorgan Chase and Visa.
Why we track it
Interest rates and loan demand move it. Banks tend to earn more when the gap between short- and long-term rates is wide and borrowers pay on time.