Lagging Financials

Here’s a good look at the relative performance of financial stocks. This chart shows the Financial Sector ETF ($XLF) compared with the S&P 500.

We already know that financial stocks got crushed during the financial crisis, but look at what’s happened since April of last year. Financial stocks climbed during the initial part of the rally but have been noticeably subdued over the past year. It seems as if they’ve grown even weaker this year.

Posted by on June 22nd, 2011 at 8:48 am


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