iShares S&P 500 Financials

ETF description

This ETF focuses on companies within the financial sector that are part of the S&P 500 Index. It includes banks, insurance companies, investment firms, and other financial service providers. By investing in this fund, investors gain exposure to a broad range of businesses that drive the financial services industry in the U.S.

This ETF may appeal to investors who are interested in focusing on the financial sector and want to benefit from the growth and profitability of U.S. financial institutions.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The S&P 500 Financials index offers targeted exposure to large and mid‑cap companies within the U.S. financial services sector. By focusing on financial institutions and service providers, the index provides opportunities for investors to capitalize on trends and developments within this critical segment of the economy.