ETF Winners And Losers: Medium-Cap Returns - Regional Banks Bounce While Lithium Stocks Slump, KRE Up 7.54%, LIT Down 4.18%

We performed a screening of medium-cap ETFs, defined as having Assets Under Management (AUM) between $2 billion and $10 billion - to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered.

Winners

SPDR S&P Regional Banking ETF KRE

KRE is up 7.54% over the trailing week.

The SPDR S&P Regional Banking ETF is linked to an equal weighted index of regional bank stocks, an industry that has seen much turmoil this year after the collapse of several high profile banks. KRE is more diversified and evenly distributed than its competitors.

The fund has $3.60 billion in AUM and an expense ratio of 0.35%. KRE has holdings in 141 companies, with the 10 largest comprising 21.46% of the fund.

The fund’s largest holdings are Western Alliance Bancorp WAL and Zions Bancorporation, N.A. ZION making up 2.29% and 2.26% of the fund, respectively.

KRE is down 19.64% YTD.

SPDR S&P Oil & Gas Exploration & Production ETF XOP

XOP is up 5.43% over the trailing week.

The SPDR S&P Oil & Gas Exploration & Production ETF offers exposure to the exploration and production sub sector of the domestic oil market. Like many of State Street’s products, it is equal weighted, making it a balanced option.

The fund has $3.76 billion in AUM and an expense ratio of 0.35%. XOP has holdings in 61 companies, with the 10 largest comprising 24.51% of the fund.

The fund’s largest holdings are Southwestern Energy Company SWN and SM Energy Company SM making up 2.62% and 2.6% of the fund, respectively.

XOP is up 1.63% YTD.

Losers

Global X Lithium & Battery Tech ETF LIT

LIT was down 4.18% on the week.

The Global X Lithium & Battery Tech ETF offers exposure to companies participating in the lithium ion battery industry. Li ion batteries are a crucial part of modern technology and underpin the entire EV market.

LIT has $3.40 billion in AUM and an expense ratio of 0.75%. The fund has holdings in 41 companies, with the 10 largest comprising 53.36% of the fund.

The fund’s largest holdings are Albemarle Corporation ALB and Tesla, Inc. TSLA making up 8.97% and 6.37% of the fund, respectively.

YTD, LIT is up 11.43%.

KraneShares CSI China Internet ETF KWEB

KWEB was down 3.69% on the week.

KraneShares CSI China Internet ETFis the only ETF on the market that offers pureplay exposure to Chinese software and information technology stocks. These companies directly compete with the FANG behemoths that dominate the US market.

KWEB has $5.32 billion in AUM and an expense ratio of 0.69%. The fund has holdings in 32 companies, with the 10 largest comprising 60.52% of the fund.

The fund’s largest holdings are Tencent Holdings Ltd. (HKG: 700) and Alibaba Group Holding Limited (HKG: 9988) making up 9.39% and 9.39% of the fund, respectively.

YTD, KWEB is down 6.72%.

Featured photo by Etienne Martin on Unsplash