ETFs providing exposure to banks stocks soared by +5,32% yesterday as +$81,99M of new shares were created on the primary market to answer investors’ demand. While the U.S. equity market rose as a whole on Wednesday, banks led the gains among other major sectors, supported by investors’ newfound optimism about a potential vaccine. The easing of lockdowns globally as well as massive stimulus from central banks have also helped support markets recently. Yesterday’s jump in performance brought the segment’s 30-day cumulative return to +16,70%, while it registered inflows of +$158,21M over the same period. Still, this is not enough to recover from the dramatic losses incurred over the first quarter and banks ETFs’ overall performance remains negative year-to-date (-23,48%). 10 funds tracking 9 indices are included in the segment for a total of $1,8Bn of assets under management.