SPDR KBW BANK ETF (AMEX:KBE)

rfuchs712 (31.78) Submitted: 3/24/2008 4:50:45 PM : Start Price: $39.20 KBE Score: -45.97

This ETF is heavily concentrated (only 24 holdings in the ETF) in bank and financial stocks (Top 5 Holdings - Wells Fargo, Bank of America, JP Morgan Chase, Citigroup, and Wachovia - make up 38.82% of the assets; Top 10 holdings make up 59.74% of the fund's assets). The banking stocks have obviously been battered lately, and now seems like a good time to potentially get large financial players at a decently valued price.