KBWP Outperforms Broader Financials by Over 2100 Basis Points YTD
December 07, 2022 at 15:38 PM EST
Investors who refined their financials exposure to property and casualty were rewarded in 2022. P&C has consistently outperformed the S&P 500 financials sector since mid-February. The Invesco KBW Property & Casualty ETF (KBWP) has increased 11.4% year to date, while the financials sector has declined -9.7% during the same period, as of December 6. Eliminating energy [...] The post KBWP Outperforms Broader Financials by Over 2100 Basis Points YTD appeared first on ETF Trends .