Week-To-Date ETF Leaders and Laggards: SLX, KRE

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According to
ETFChannel.com
the Steel ETF (
SLX
) is outperforming other ETFs this week, up about 2.6%. Components of that ETF showing particular strength this week include shares of Schnitzer Steel Industries (
SCHN
), up about 8.8% and shares of Cliffs Natural Resources (
CLF
), up about 6.4% on the week. And underperforming other ETFs so far this week is the SPDR KBW Regional Banking ETF (
KRE
), down about 7.9% this week. Among components of that ETF with the weakest showing for the week were shares of Pinnacle Financial Partners (
PNFP
), lower by about 28.9%, and shares of Hancock Holding (
HBHC
), lower by about 15.9% on the week. Other ETF standouts this week include the iShares MSCI USA Index Fund (EUSA), outperforming this week with a 2.4% gain. And the SPDR KBW Bank ETF (
KBE
) was an underperformer, falling about 6.6% this week. Using ETFChannel's
ETF Screener
users can drill down into categories such as
Metal ETFs
and
Financial ETFs
.
Posted In: ETFsFinancialsMaterialsRegional BanksSteel
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