Why >100%? Leveraged funds (typically PIMCO/BlackRock global bond strategies) use derivatives and borrowing to exceed 100% notional sector exposure. The percentage shown is real economic exposure; total notional across all sectors can sum to 150-200%.
Top Financial Holdings Across Funds
—
HSBC HOLDINGS PLC
Unknown
14.28%
in 1 funds
—
BERKSHIRE HATHAWAY INC.
Unknown
12.45%
in 1 funds
—
JPMORGAN CHASE & CO.
Unknown
11.24%
in 1 funds
—
BANCO SANTANDER, S.A.
Unknown
11.12%
in 1 funds
—
ARCH CAPITAL GROUP LTD.
Unknown
9.9%
in 1 funds
—
RENAISSANCERE HOLDINGS LTD.
Unknown
9.75%
in 1 funds
—
Morgan Stanley ORD
Unknown
8.5%
in 1 funds
—
BANCO SANTANDER SA
Unknown
8.29%
in 1 funds
Conviction Score vs MSCI Benchmark
Fund weight vs MSCI World benchmark (0%)
Invesco KBW Bank ETF
+100%
iShares STOXX Europe..
+100%
iShares S&P 500 Fina..
+100%
World Financials Fund
+100%
Global Insurance Fund
+99.8%
LAZARD CREDIT FI SRI
+98.7%
iShares EURO STOXX B..
+98.7%
Danish Covered Bond ..
+96.1%
Financial Bonds
+95.3%
LAZARD CAPITAL FI SRI
+94%
Performance Chart
Top 10-fund composite (rebased to 100, equal-weighted)
Financial ETF (benchmark)
Real fund NAV data 2025-05-12 → 2026-04-30