|Bid||35.02 x 900|
|Ask||36.36 x 1000|
|Day's Range||36.08 - 36.34|
|52 Week Range||27.65 - 40.16|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.58%|
With market volatility returning to the capital markets in a big way following the latest tariff wars between the U.S. and China, traders are looking to the heaviest hitters in technology for short plays. ...
With market volatility returning to the capital markets in a big way following the latest tariff wars between the U.S. and China, it might make sense to look at exchange-traded funds (ETFs) that are heavy ...
Amazon’s second-quarter earnings gave investors a mixed bag of things to like along with things to carefully consider before jumping into shares of the online retail giant. The company’s higher revenue ...
Up 27% year-to-date, the ProShares Online Retail ETF (ONLN) does not need a lot of assistance to cement its status as one of the best-performing retail exchange traded funds this year. “The Federal Reserve is expected to cut interest rates at the conclusion of its July 30-31 policy meeting, and investors may be wondering what that means for retail stocks,” reports Teresa Rivas for Barron's.
As the U.S. government has announced investigation on the largest U.S. tech companies for anti-competitive practices, these FAANG-heavy ETFs thus could suffer ahead.
Amazon.com’s (NASDAQ: AMZN) recent Prime Day broke records, underscoring the potency of online retail and the related investment opportunities, including the ProShares Online Retail ETF (NYSEArca: ONLN). ...
Shares of eBay (EBAY) rise in after-hours trading following a strong Q2 earnings performance and a hiked full-year profit view. The eBay-heavy ETFs could gain traction from this.
Online shopping is now the second-biggest component of the U.S. retail market after overtaking grocery stores and restaurants. According to the Commerce Department, consumer spending at non-store retailers, which includes online vendors like Amazon.com, increased by 1.7% in June and added to the overall increase in sales, Bloomberg reports. Overall, retail sales increased 0.4% last month as households ramped up purchases of motor vehicles and a variety of other goods.
Amazon.com's (AMZN) famed Prime Day is here and investors looking to tap into that theme via exchange traded funds have a friend in the ProShares Online Retail ETF (ONLN) . ONLN, which is a year old, tracks the ProShares Online Retail Index. Component holdings must be classified as an online retailer, an e-commerce retailer, or an internet or direct marketing retailer, according to standard industry classification systems.
Amazon, who is getting ready to move thousands of its employees from its headquarters in Seattle to new digs in Bellevue Washington, after a tax issue over new business, said it will train up to 100,000 employees, or one-third of its U.S. workers, into more skilled labor, company officials announced Thursday. The decision, which accompanies an investment of $700 million for the retail behemoth's "Upskilling 2025" pledge, arises during a period of historically low U.S. unemployment, and as workers at tech companies are becoming more and more vocal about working conditions. The program goals are to "provide people across its corporate offices, tech hubs, fulfillment centers, retail stores, and transportation network with access to training programs that will help them move into more highly skilled roles within or outside of Amazon," according to the company's press release.
Amazon's famed Prime Day is fast approaching and with the stock residing above $2,000 for the first time in nine months, it is evident investors expect this Prime Day to smash previous records. Investors can tap into that trend with exchange traded funds such as the ProShares Online Retail ETF (ONLN) . ONLN, which is a year old, tracks the ProShares Online Retail Index.
“Online sales still only make up about 12% of total global retail sales,” ProShares’ Global Investment Strategist Simeon Hyman said in a note. Looking ahead, by 2020, online sales are projected to surpass $4 trillion, with the biggest players in the field largely expected to capture a major share of the growing pie. For example, Amazon is estimated to account for half of all online sales by 2023.
The retail sector has been falling behind in the S&P 500 for the first half of the year and the trend doesn't seem to be shifting anytime soon. Dragging on the retail segment, many consumers have been shunning more traditional brick-and-mortar retailers in favor of businesses that have more quickly adapted to e-commerce or online retail businesses. For example, the ProShares Decline of the Retail Store ETF (EMTY) and ProShares Long Online/Short Stores ETF (CLIX) both take a short position in brick-and-mortar retail stores to capitalize on weakness in traditional stores.
ProShares, a premier provider of ETFs, announced that it has joined FundVest® ETF, the no-transaction-fee exchange traded fund platform by BNY Mellon’s Pershing .
Despite the capital markets getting racked by trade wars in May, retail sales grew 0.5 percent and data was revised higher in April to 0.3 percent, according to the Commerce Department. Economists polled by data company Reuters were forecasting a 0.6% in May, but compared to the previous time last year, retail sales actually increased 3.2 percent. ETF plays in the retail sector include the SPDR S&P Retail ETF (XRT).
As more and more consumers have turned toward online shopping as a means of acquiring goods and services, online retailers like Amazon have exploded, as is evidenced by their over $900 billion market cap. One prime example is Lululemon, who on Wednesday said that online sales this past quarter grew 35%. Brick and mortar retailer Target’s online sales were up 42%, and retail giant Walmart stated it had 37% digital growth. Dick’s Sporting Goods’ online sales were up 15%, while Best Buy’s digital commerce in the U.S. grew 14.5%.
The Consumer Discretionary Select Sector SPDR (NYSEARCA:XLY), the largest exchange-traded fund dedicated to the consumer discretionary sector, was up nearly 18% year-to-date at the start of June 11, putting it nearly 240 basis points ahead of the S&P 500.Consumer discretionary is the fourth-largest sector weight in the S&P 500. The primary reason why traditional, cap-weighted consumer cyclical ETFs like XLY are thriving this year is Amazon (NASDAQ:AMZN). That stock is up almost 24% year-to-date and is carrying many consumer cyclical funds because it is by far the largest holding in those ETFs.For example, XLY allocates 24.57% of its weight to shares of Amazon, more than double the weight assigned to the fund's second-largest component.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSure, some of the best ETFs in the consumer cyclical space have large weights to Amazon. That is to be expected. On the other hand, some of the best ETFs offering exposure to this sector have surprisingly small weights to Amazon, offering investors unique and potentially rewarding approaches to consumer-related stocks. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 Here are some of the best ETFs for exposure to the consumer discretionary to consider over the next few months. Fidelity MSCI Consumer Discretionary ETF (FDIS)Expense Ratio: 0.084%, or $8.40 annually per $10,000 investedThe Fidelity MSCI Consumer Discretionary ETF (NYSEARCA:FDIS) is the least expensive consumer discretionary fund on the market today. Adding to the case for this being one of the best ETFs for investors to consider in this sector is that Fidelity clients can trade FDIS commission-free, which adds to their cost savings.Like the aforementioned XLY, FDIS is a cap-weighted fund, so it has a massive weight to Amazon, 25.48% to be precise. FDIS is also home to Home Depot (NYSE:HD), McDonald's (NYSE:MDC), Nike (NYSE:NKE) and Disney (NYSE:DIS) -- four of the Dow Jones stocks that are up at least 10% this year.Investors considering FDIS right now should be advised that the consumer discretionary sector has a tendency to struggle in the summer months, but long-term investors that can catch a pullback in FDIS could be rewarded because consumer cyclical stocks usually bounce back in the latter stages of the third quarter and soar in the last three months of the year. Amplify International Online Retail ETF (XBUY)Expense Ratio: 0.69%The Amplify Online International Retail ETF (NYSEARCA:XBUY) debuted earlier this year as the international counterpart to the popular Amplify Online Retail ETF (NASDAQ:IBUY). Online retail and e-commerce are themes dominated by Amazon in the U.S., but these themes are global, making XBUY one of the best ETFs to consider in this space.XBUY holds 46 stocks and tracks the EQM International Ecommerce Index. That benchmark "seeks to measure the performance of equity securities issued by non-U.S. companies that derive at least 90% of their revenue from online business transactions or e-commerce platforms," according to Amplify.XBUY's holdings include traditional retailers, online travel providers and marketplace companies, such as Shopify (NYSE:SHOP). XBUY is one of the best ETFs for tactical investors seeking ex-U.S. exposure because online shopping has significant tailwinds. * 7 U.S. Stocks to Buy With Limited Trade War Exposure "Ecommerce represented a growing share of the retail market in 2018, taking a 14.3% share of total retail sales last year, up from 12.9% in 2017 and 11.6% in 2016," notes Digital Commerce 360. "More significant is that ecommerce sales represented more than half, or 51.9%, of all retail sales growth. This is the largest share of growth for purchases made online since 2008, when ecommerce accounted for 63.8% of all sales growth." ProShares Online Retail ETF (ONLN)Expense Ratio: 0.58%The ProShares Online Retail ETF (NYSEARCA:ONLN) is one of the best ETFs for investors looking for umbrella exposure to the biggest names in online retail. Case and point: ONLN allocates over 40% of its combined weight to Amazon and Alibaba (NYSE:BABA). ONLN is just 11 months old, but the fund is already displaying the potency of dedicated online retail investments as it is up nearly 23% year-to-date.While ONLN is essentially a bet on two stocks due to the largest weights assigned to Amazon and Alibaba, there is no denying the favorable fundamental data that underpins this fund, making it one of the best ETFs in this market niche."With nearly all of the constituents of the ProShares Online Retail index reporting, sales growth came in at nearly 20% and earnings growth came in at nearly 55%," according to ProShares.As ONLN's performance indicates, investors should embrace purity when it comes to online retailers."Some retail observers note the increased online presence of legacy bricks-and-mortar retailers as evidence that the online/brick and mortar bifurcation of the retail universe is becoming less relevant. However, this ignores the evidence that expanding the online businesses of legacy bricks-and-mortar players isn't benefiting their bottom lines. In the first quarter, Walmart's online sales grew 37%; however, Walmart's first quarter earnings shrank nearly 1%," according to ProShares.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 3 Consumer Discretionary ETFs That Could Heat Up This Summer appeared first on InvestorPlace.
This year, the ProShares Online Retail ETF (NYSEArca: ONLN) is up more than 24%, meaning the dedicated online retail ETF is beating the largest traditional retail ETF by a 12-to-1 margin. Shopping and ...
"Thematic or trend investing, as some people are terming it, is really a fascinating area in the ETF world for new product development," Kieran Kirwan, Director, Investment Strategy Proshares, said at the Morningstar Investment Conference.