Portfolio Building Block US Banks ETF (PBUB)

Portfolio Building Block US Banks ETF (PBUB) is an exchange-traded fund in the Portfolio Building Block series, a lineup of narrowly focused funds intended to be used as components when constructing a diversified portfolio. Each fund in the series isolates a specific sector, industry or region so that investors can adjust exposures precisely.

The fund holds shares of banks based in the United States, ranging from large money-center institutions to regional and community lenders. Their earnings depend largely on net interest margins, loan growth, credit quality and the regulatory environment, which makes the group sensitive to interest rates and the economic cycle.