iShares US Financial Services ETF

IYG

Market cap $1.89B

iShares U.S. Financial Services ETF (IYG) is rated a buy for its strong concentration in industry-leading financial services companies like BRK.B, JPM, V, and MA. IYG outperforms peer financial ETFs on long-term returns, driven by robust top holdings, but carries higher fees and a modest dividend yield. Key strengths include Berkshire Hathaway's diversification and cash position, JPMorgan's industry leadership, and the global dominance of Visa and Mastercard.

Warren E. Buffett announced plans to step down as CEO of Berkshire Hathaway Inc. (BRK.A, BRK.B) at the end of the year, with Greg Abel set to take the helm as the conglomerate's next leader, according to a letter released Nov 10. Buffett, 95, said he will remain chairman while Abel, 63, assumes CEO responsibilities.

Right now ahead of Halloween, the real suspense might be in ETF investing strategies. With markets seesawing between hopes for rate cuts and the resilience of earnings, investors are dusting off one of Wall Street's spooky old sayings:  Sell in May and go away.

The iShares U.S. Financial Services ETF (IYG) was launched on June 12, 2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Financials - Broad segment of the equity market.

IYG hits a 52-week high with gains of 37% from its low, fueled by rate cuts and sector strength.

If you're interested in broad exposure to the Financials - Broad segment of the equity market, look no further than the iShares U.S. Financial Services ETF (IYG), a passively managed exchange traded fund launched on June 12, 2000.

As the stock market swings between optimism and caution, investors searching for opportunities may find a good starting point in some of the picks held by Warren Buffett's Berkshire Hathaway (NYSE: BRK.A, BRK.B).

I recommend IYG for its strong exposure to digital payment growth, led by Visa and Mastercard, and minimal insurance company risk. IYG's concentrated portfolio in payment processors and top banks positions it to benefit from digitalization and potential rate cuts in 2025. Despite a higher expense ratio, IYG's historical outperformance and focus on capital appreciation justify the premium over peers like XLF and FNCL.

Goldman, JPMorgan and Morgan Stanley topped Q2 earnings estimates as market volatility boosts trading and deal activity. Play ETFs like XLF, VFH and KBWB.

The iShares U.S. Financial Services ETF (IYG) was launched on 06/12/2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Financials - Broad segment of the equity market.