Intercontinental Exchange: Up To 14% Annual Return Potential

Fabrice Cabaud Introduction I like financial stocks. However, it's important to be picky, as I believe that a lot of financial stocks have an unfavorable long-term risk/reward. The Financial Select Sector ETF (XLF), which holds more than $34 billion in assets, has returned 300% since its inception in December 1998. During this period, the S&P 500 returned more than 540%. Data by YCharts One of the main reasons why financials tend to underperform on a long-term basis (they also have periods of outperformance ...