Financials In 2012

With the year's end fast approaching, let's review how banks and the Financial Select Sector SPDR ETF (XLF) have performed year-to-date. The XLF is up an impressive +25% year-to-date compared to the S&P 500, which is up +12.3% during the same time period. As far as the banks go, here's a breakdown:

  • Goldman Sachs (GS): +39.41%
  • JP Morgan (JPM): +30.53%
  • Citigroup (C): +48.46%
  • Bank of America (BAC): +105.58%
  • Morgan Stanley (MS): +23.73%

Financials In 2012  - image001