12:09 PM EDT, 03/15/2023 (MT Newswires) -- National Bank on Tuesday presented a list of exchange-traded funds that investors can use to monitor the rapidly evolving situation amid the collapse of the Silicon Valley Bank and Silvergate bank.
Canadian ETFs with the least regional bank exposure include BMO Equal Weight Banks Index ETF (ZEB.TO), BMO Covered Call Canadian Banks ETF (ZWB.TO), iShares S&P/TSX Capped Financials Index ETF (XFN.TO), and Hamilton Canadian Bank Mean Reversion Index ETF (HCA.TO), to name a few.
The Canadian ETFs with the most regional bank exposure include BMO Equal Weight US Banks Index ETF (ZBK.TO), RBC U.S. Banks Yield Index ETF (RUBY.TO), BMO Covered Call US Banks ETF (ZWK.TO), and Harvest US Bank Leaders Income ETF Class A (HUBL.TO).
US ETFS with the least regional bank exposure include SPDR S&P Capital Markets ETF (KCE), Invesco KBW High Dividend Yield Financial ETF (KBWD), Gabelli Financial Services Opportunities ETF (GABF), and the iShares Global Financials ETF (IXG).