Objective

The Banks folio was developed for investors seeking aggressive growth with significant volatility.

Strategy

The Banks folio consists of the largest companies that are principally engaged in banking. Companies range from small regional banks to large international banking conglomerates.

The exposure of the folio to both domestic and international banking companies could provide added diversification but may also make the folio more volatile than if it only held banks in established economies.

Last Updated: September 28, 2016

Category: Sector/Industry
Inception Date: April 05, 2000
Date Funded: August 28, 2009*

Folio S&P 500 Total Return
One-Month -0.02% 0.2%
Three-Month 12.3% 7.21%
Year-to-Date -0.14% 7.99%
One-Year 2.2% 17.8%
Three-Year (Annualized) -0.5% 10.98%
Five-Year (Annualized) 8.46% 15.99%
Since Inception 4.34% N/A
Volatility 25.19% 14.49%

Past performance is no guarantee of future results.
See how returns are calculated

* Returns reflect model performance from the Inception Date to the Date Funded, and funded performance since the Date Funded, if funded. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a strategy has been updated that you place orders to update your holdings.

#SymbolCompanyWeight
(% of Folio)
1BACbank of america corporation3.33%
2BBDbanco bradesco s a adr pfd3.33%
3BBDObanco bradesco s a sponsored adr3.33%
4BBTbb&t corp3.33%
5BCSbarclays plc adr3.33%
6BKbank of new york mellon corp3.34%
7BMObank montreal que3.33%
8BNSbank nova scotia halifax3.34%
9CMcdn imperial bk of commerce3.33%
10CScredit suisse group adr3.33%
11DBdeutsche bank ag namen ord3.33%
12HDBhdfc bank ltd adr reps 3 shs3.33%
13IBNicici bk ltd adr3.34%
14ITUBitau unibanco holding s.a. adr3.33%
15JPMj p morgan chase & co3.34%
16LYGlloyds banking group plc3.33%
17MFGmizuho finl group inc sponsored adr3.33%
18MTUmitsubishi ufj finl group inc sponsored3.34%
19PNCpnc financial services group3.34%
20RBSroyal bk scotland group plc sp adr rep s3.33%
21RYroyal bk cda montreal que3.33%
22SANbanco santander sa adr3.34%
23SMFGsumitomo mitsui finl group inc sponsored3.33%
24STIsuntrust bks inc3.33%
25STTstate str corp3.33%
26TDtoronto dominion bk ont new3.34%
27UBSubs group ag shs3.34%
28USBus bancorp del3.33%
29WBKwestpac bkg corp adr3.33%
30WFCwells fargo & co new3.34%

Steps to Create This Folio

  1. We selected securities with primary business operations in the Banking industry, as defined by Zacks Investment Research.
  2. We ranked the securities according to market capitalization and selected the 30 securities with the highest market capitalizations.
  3. We equally weighted all securities in the folio.

Number of Securities

There are generally 30 securities in the folio.

Update Frequency

Quarterly.

If the characteristics of the folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a folio has been updated that you place orders to update your holdings.