$Financial Select Sector SPDR Fund(XLF) Bank stocks are hot right now with the recent bumper earnings from Bank of America, JP Morgan and Goldman Sachs! These stocks are all included in XLF ETF plus Berkshire Hathaway as well.
XLF ETF is also part of the S&P500 universe of stocks. Mega companies with mega market capitalisation! Plus it has a very strong fund manager - The State Street Global Advisors who started the S&P500 ETF (SPY)!
I really like that Berkshire Hathaway is the Top Holding in XLF ETF because Warren Buffett, The Legend, is my hero!
All this under 1 basket plus low expense ratio of 0.12%! Best of all $Financial Select Sector SPDR Fund(XLF)$ pays quarterly dividends! How good is that!
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