Navigating ETF Risks in the Wake of Silicon Valley Bank Fallout

Money manager John Davi warns investors to be mindful of their risk following the collapse of Silicon Valley Bank, which could expose problems in ETFs tied to specific sectors. Davi sees financials as the biggest near-term laggards and recommends investing in larger cap banks for stability. The Financial Select Sector SPDR ETF (XLF) is down almost 8% since the SVB collapse on March 10.