As widely expected, the Fed hiked rates for the third time this year, which put pressure on the financial sector. The US Banks Stocks segment suffered from this decision with a daily performance of -1.81%. This brings the 1-month cumulated performance to -4.05%. However, this loss was not accompanied by massive outflows from investors, who largely anticipated this news. The segment gathers 9 ETFs, tracking 9 different indices for a total of $ 14.7 bn of assets under management.