Bank ETF FTXO Delivered a 20% Return Over the Last Year. Here's Why I'd Choose IYF Instead.

Key Points iShares U.S. Financials ETF is significantly larger and more diversified with 141 holdings compared to the bank-concentrated First Trust Nasdaq Bank ETF. First Trust Nasdaq Bank ETF has delivered stronger 1-year total return but carries a significantly deeper 5-year maximum drawdown. iShares U.S. Financials ETF offers a lower expense ratio of 0.37%, while First Trust Nasdaq Bank ETF charges 0.6%. 10 stocks we like better than iShares Trust - iShares U.s. Financials ETF › The First Trust Nasdaq Bank ETF (NASDAQ:FTXO) offers targeted exposure to the banking industry, while the iShares U.S. Financials ETF (NYSEMKT:IYF) provides a broader, more diversified play on the entire financials sector at a lower cost.