Cut price hunters who’re on the lookout for a few of the worst-hit areas of the market might take into account financial institution and client discretionary sector-related exchange traded funds to seize the bounce again.Morgan Stanley’s chief U.S. fairness strategist, Mike Wilson, argued that buyers ought to take into account sectors which have been “completely eviscerated” because the U.S. financial system recovers from the coronavirus pandemic, CNBC stories.“We’re bullish overall, and we just think there’s more upside in potentially some of the laggard areas,” Wilson advised CNBC.“That’s not saying anything bad about Google or the large cap growth stocks. They’re wonderful companies. They’re wonderful business models, but they just don’t have the upside potential that some of these other laggard areas do,” he added.Wilson particularly highlighted financial institution and client discretionary shares as potential areas that might supply buyers extra features. Current performers that stood out have additionally been people who have been beforehand hardest hit by the coronavirus-driven fallout within the markets.“Whenever you have a recession, you should be looking for a leadership change. That’s just the way it works,” Wilson mentioned.Whereas there are cut price picks and value performs available following the market rout, Wilson warns of potential traps, such because the power sector, particularly given what’s been happening within the commodities market and the depressed crude oil costs.As buyers search for potential alternatives, it may very well be good time to think about financial institution sector-specific ETFs, such because the Invesco KBW Financial institution ETF (NASDAQ: KBWB), SPDR S&P Financial institution ETF (NYSEArca: KBE), Invesco KBW Regional Financial institution Portfolio (NYSEArca: KBWR), iShares U.S. Regional Banks ETF (NYSEArca: IAT) and SPDR S&P Regional Banking ETF (NYSEArca: KRE).Buyers who imagine that the rebound might translate to improved sentiment and client gross sales can look to sector-related ETFs. For instance, one can flip to broad client discretionary publicity by means of one thing just like the Shopper Discretionary Choose Sector SPDR (NYSEArca: XLY), Vanguard Shopper Discretionary (NYSEArca: VCR) and Constancy MSCI Shopper Discretionary Index (NYSEArca: FDIS).For extra info in the marketplace sectors, go to our sector ETFs class.