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%. VAL ® Financial Select Sector SPOR® ETF (XLF) Total Return 301.1% © SPDR® S&P 500 ETF Trust (SPY) Total Return 543.2% 2010 2015 2020 2000 ...