5 Best Regional Bank ETFs

2. Financial Select Sector SPDR Fund (NYSEARCA:XLF)

5-Year Price Performance: 18.0%

Total Net Assets as of September 25, 2023: $33.39 billion

Expense Ratio: 0.10%

Number of Holdings: 72

Financial Select Sector SPDR Fund (NYSEARCA:XLF) has the highest assets under management (AUM) amongst all the ETFs on this list. The ETF provides 23.31% exposure to the US banking industry, which is the second highest industry exposure, just behind the financial services industry, with a weight of 34.15%. Birmingham, Alabama-based Regions Financial Corporation (NYSE:RF) is a prominent constituent of the ETF. The bank operates primarily across the South, Midwest, and Texas.