|Bid||48.01 x 1200|
|Ask||50.42 x 1200|
|Day's Range||49.07 - 49.66|
|52 Week Range||37.06 - 54.55|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.65%|
Jumia Technologies AG ADR began trading Friday morning and quickly jumped 32.6% after opening. Shares priced late Thursday at $14.50, about the midpoint of the $13-to-$16 expected range. Jumia is the top e-commerce site in Nigeria, and sells merchandise ranging from clothing to appliances across Africa. The Amplify Online Retail ETF has gained 23.6% for 2019 so far while the S&P 500 index is up 16% for the period.
Though February's retail sales declined and missed market expectations, there are some winning corners. Play those areas with these ETFs and stocks.
With the first quarter of 2019 coming to a close, it's easy to forget the retail sector since the holidays are a distant memory, but the recent rally in the sector is a reminder to investors that they should consider adding retail-focused exchange-traded funds (ETFs) to their portfolios. While strength in the retail sector piggybacks off of strong consumer spending, there has been a lot of movement within the sector that could make for some interesting ETF plays. For example, shares of Bed, Bath & Beyond surged 25 percent with activist investor interest--moves like this that could shake up the core foundation of longstanding retailers and inject a new lease on life, particularly those that are struggling.
For years, the universe of retail exchange-traded funds (ETFs) was dominated by prosaic offerings, namely the SPDR S&P Retail ETF (NYSEARCA:XRT). The equal-weight XRT is nearly 13 years old, cementing its status as one of the godfathers of the retail ETF space.This retail ETF "seeks to provide exposure the retail segment of the S&P TMI, which comprises the following sub-industries: Apparel Retail, Automotive Retail, Computer & Electronic Retail, Department Stores, Drug Retail, Food Retailers, General Merchandise Stores, Hypermarkets & Super Centers, Internet & Direct Marketing Retail, and Specialty Stores," according to State Street.Thing is the retail space, like so many other once traditional segments, is being disrupted and retail ETFs are starting to reflect that disruption. That disruption is coming at XRT's expense. Today, the retail ETF has just over $326 million in assets under management following year-to-date outflows of more than $224 million.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnderscoring the point that investors are looking for something different with retail ETFs is this data point: in three of the four years ending 2018, XRT suffered annual outflows. * 7 Invincible Stocks Leading The Bull Market Higher For investors looking to be on the specialty, disruptive side of the retail ETF space, here are some funds to consider. Amplify Online Retail ETF (IBUY)Expense ratio: 0.65% per year, or $65 on a $10,000 investmentThe Amplify Online Retail ETF (NASDAQ:IBUY) debuted in April 2016 as one of the first retail ETFs dedicated to where retail sales growth is expected to come from in the years ahead: e-commerce and online venues. IBUY tracks the EQM Online Retail Index, which mandates that member firms derive at least 70% of their sales from online or virtual venues.As highlighted by its more than $281 million in assets under management, IBUY is more than a credible competitive threat to traditional retail ETFs. More importantly than IBUY's size, is its performance, which not only justifies its above-average fee, but cements its status as a real threat to old guard retail ETFs.Since coming to market, IBUY is up 96.50% compared to a gain of just 2.10% for XRT over that period. Impressively, IBUY's dominant performance has been accrued without excessive weights to Amazon (NASDAQ:AMZN). Shares of the largest e-commerce company currently are not even a top 10 holding in IBUY. ProShares Long Online/Short Stores ETF (CLIX)Expense ratio: 0.65% per year, or $65 on a $10,000 investmentThe ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) takes a specialized approach to retail stocks, offering investors long exposure to Internet retailers with short exposure to retailers that are still dependent on physical stores for the bulk of their sales."CLIX combines a 100% long position in retailers that primarily sell online or through other non-store channels with a 50% short position in those that rely principally on physical stores," according to ProShares.Remembering that physical stores are being shuttered that a rapid rate and that online sales represent just 10% of overall retail sales, the long-term case for this retail ETF is sound. Plus, growth of online sales is expected to outpace brick-and-mortar retail sales growth by a 3-to-1 margin as soon as next year. * 5 Cloud Stocks to Help Your Portfolio Fly CLIX is reflecting those expectations. After hitting an all-time high last Friday, the retail ETF is up nearly 25% this year. ProShares Pet Care ETF (PAWZ)Expense ratio: 0.50% per year, or $50 on a $10,000 investmentThe ProShares Pet Care ETF (CBOE:PAWZ) debuted last November as the first ETF dedicated to the pet care industry. While PAWZ is not a dedicated retail ETF, pet owners know that there are financial commitments that come along with being a good pet owner. Those commitments mean opportunity in the investment world."The pet care industry could reach $203 billion in global sales by 2025. It has grown steadily every year since 2001, even during the Great Recession," according to ProShares.Veterinary pharmaceuticals makers and pet supply stores combine for almost 40% of the 24 stocks found in PAWZ. The fund is up 8.22% year-to-date and if it can convincingly take out the $41 area, upside from there is potentially significant. Global X MSCI China Consumer Discretionary ETF (CHIQ) Expense ratio: 0.65% per year, or $65 on a $10,000 investmentWhen considering retail ETFs, investors should remember there are important opportunities outside the U.S. and many of those opportunities can be found in China, the world's second-largest economy. The Global X MSCI China Consumer Discretionary ETF (NASDAQ:CHIQ) is a direct route to the Chinese consumer and that country's booming online retail market.Many of the 49 stocks residing in CHIQ are familiar to U.S. investors because those companies have listings in New York. That group includes Alibaba (NYSE:BABA) and JD.com Inc. (NASDAQ:JD), among others. Despite the trade tensions with the U.S., Chinese stocks are performing well this and CHIQ is participating in that theme. This retail ETF is up 23.59% year-to-date, slightly more than double the gains of the largest U.S. consumer discretionary ETF. * 5 Dow Jones Stocks Coming to Life "China's government also implemented tax reforms to encourage greater consumption, supporting the Consumer Discretionary sector," according to Global X research. First Trust Nasdaq Retail ETF (FTXD)Expense ratio: 0.60% per year, or $60 on a $10,000 investmentThe First Trust Nasdaq Retail ETF (NASDAQ:FTXD) uses a unique weighting methodology that is not found on other retail ETFs. This retail ETF, which turns three years old in September, employs growth, value and volatility factors in its stock selection and member firms are ranked based on their scores across those factors.While FTXD's weighting scheme is not traditional, its overall approach to retail is. This retail ETF allocates 32.75% of its weight to specialty retailers and 20% of its weight to broadline retailers. Food and apparel retailers combine for about a third of the fund's weight.In other words, many of FTXD's 50 holdings are brick-and-mortar retailers. While there are some online retailers in this fund, weights to those stocks are dwarfed by FTXD's exposure to old school retail fare. This year, the aforementioned IBUY is beating FTXD by a margin of 6-to-1. Amplify International Online Retail ETF (XBUY)Expense ratio: 0.69% per year, or $69 on a $10,000 investmentHaving debuted in late January, the Amplify International Online Retail ETF (NASDAQ:XBUY) is one of the newest retail ETFs on the market and is also the international counterpart to the domestically focused IBUY.XBUY follows the EQM International Ecommerce Index, which has even more stringent requirements than IBUY's underlying index. XBUY's index "eeks 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. * 3 Top Breakout Stocks Brimming With Potential XBUY provides exposure to 12 countries, eight of which are developed markets. The retail ETF's geographic exposure tilts heavily toward the Asia-Pacific region as China and Japan combine for half the fund's geographic weight. VanEck Vectors Retail ETF (RTH)Expense ratio: 0.35% per year, or $35 on a $10,000 investmentIf Amazon's price tag of more than $1,700 is off-putting or hard to reach for many investors, the VanEck Vectors Retail ETF (NYSEARCA:RTH) is a great way for capital-starved investors to get Amazon exposure. This retail ETF had an Amazon weight of 19.28% at the end of February, one of the largest weights to the e-commerce giant among all ETFs.Most of RTH's other 24 holdings get the bulk of their sales from traditional stores, but RTH allocates 9.81% of its weight to Walmart Inc. (NYSE:WMT), a company that is willing to compete with Amazon in the online retail space. China's JD.com is 2.75% of this retail ETF's weight.Up 14% year-to-date, Amazon is helping RTH to a 2019 gain of 8.27%. In other words, RTH is highly correlated to Amazon.As of this writing, Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post 7 Specialty Retail ETFs to Buy the Industry's Disruption appeared first on InvestorPlace.
St. Patrick's Day is around the corner and investors across the world are keen on trying their Irish luck for green returns in their stock portfolio.
Consumer discretionary ETFs have had a stellar run in the 10-year old bull market, having beaten the S&P 500. Will the rally continue?
ThirdLove, the privately-held women's underwear company, announced the completion of a $55 million round of funding with investors including Tim Armstrong, the former CEO of Oath and AOL, journalist Katie Couric, and Susan Wojcicki, CEO of YouTube, among the investors. ThirdLove Chief Executive Heidi Zak says the funds will help the company continue to pursue its mission to create "a bra for everybody," with the company expanding to 78 sizes and five styles already. The SPDR S&P Retail ETF has slipped about 2% over the past year, the Amplify Online Retail ETF has gained 4.2% for the period, and the S&P 500 index is up 0.6% for the last 12 months.
Expedia Stock: Highlights for Investors(Continued from Prior Part)Rising online travel platform demandThe travel industry dynamics have changed drastically over the last decade. Travelers are shifting to online travel booking agencies instead of
Expedia Stock: Highlights for Investors(Continued from Prior Part)Room night growthLodging remains the major revenue growth driver for Expedia (EXPE). The business unit accounted for 69% of the company’s fourth-quarter revenues. The segment
December retail sales were lackluster. But several underperforming areas have long-term potential and investors can tap those with ETFs.
On Thursday, the Commerce Department reported that retail sales dropped to its lowest level in nine years, which evidenced a drop in economic activity near the end of 2018 as markets were getting roiled by volatility. Looking at the data, the Commerce Department reported retail sales fell 1.2 percent, its largest drop since September 2009 as the financial crisis took a hold of the capital markets. In addition, November data was revised lower to show retail sales were up 0.1 percent as opposed to the previously reported 0.2 percent.
Retailer stocks were knocked broadly lower Thursday, after government data showed that December retail sales didn’t just surprise Wall Street by declining, but took the biggest one-month tumble in 9 years.
TripAdvisor’s Q4 Earnings Missed the Estimates(Continued from Prior Part)EBITDA performanceTripAdvisor’s (TRIP) fourth-quarter adjusted EBITDA rose ~38% YoY (year-over-year) to $87 million from $79 million in the fourth quarter of 2017. The
The trade war has taken a toll on imports to the U.S. from China, with the number of appliances entering the country dropping sharply in January, according to data from Panjiva, a global supply chain intelligence group. The year-over-year decline in refrigerator imports was 23.9% in January, while vacuum cleaners fell 14.9% for the period. Both items began to incur 10% duties in September. The steep declines are part of declines across a number of categories after a surge in December. Overall, imports to the U.S. were up 22.6% in December, and up an average of 14% for the fourth quarter of 2018. Imports from China were down 1.5% in January. "Among the major shippers of household appliances (including refrigerators and vacuums) both Samsung Electronics and LG Electronics have slashed their shipments in January with an 85.7% and 97.0% drop respectively," the Panjiva report said. The Amplify Online Retail ETF has gained 6.4% over the past three months while the SPDR S&P Retail ETF [S: xrt] has lost 7.3% for the period, and the S&P 500 index is up 0.3% for the period.
U.S. non-grocery retailers lost $300 billion in revenue in 2018 due to markdowns, according to a new report from Celect. That's the equivalent of about 12% of sales. The cloud-based inventory management platform polled 200 senior retail executives with help from Coresight Research. More than half of respondents (53%) attributed the missed sales to "inventory misjudgments." Respondents said 60% of sales are at full price. Among retailers who sell across platforms, only 6.3% of respondents said they sold 90% to 100% of their inventory at full price, below the 15% average. "This suggests that the complexity of omnichannel operations makes inventory management more challenging, as retailers selling through multiple channels must consider more variables that can affect sales," according to the report. The Amplify Online Retail ETF has gained 7.1% over the last year, the SPDR S&P Retail ETF has fallen 1.3% over the period, and the S&P 500 index is up 2% for the past 12 months.
Expedia Rose ~8% after Its Q4 Earnings Beat(Continued from Prior Part)Room night growth Lodging accounted for 69% of Expedia’s (EXPE) fourth-quarter revenues. Lodging is still the most important contributor to the company’s top line. Expedia’s
Thanksgiving day was the third largest online shopping day of 2018 with $3.68 billion in sales tallied, according to data compiled by Adobe Inc. and eMarketer. Cyber Monday was the number one online shopping day with $7.87 billion, and Black Friday was number two with $6.22 billion. EMarketer attributes the surge to mobile devices. Midway through the season, Adobe data showed that mobile shopping would hit a "landmark," with shoppers using their always-present devices to shop during their free time. The data shows that smartphones accounted for 51% of holiday digital shopping visits, and 31% of e-commerce sales. The SPDR S&P Retail ETF is down 7.8% for the past three months, the Amplify Online Retail ETF has gained 3.4% for the period, and the S&P 500 index has slipped 0.8% in the last three months.
The National Retail Federation (NRF) is projecting retail sales figures to grow from 3.8 to 4.4 percent, which is lower than the 4.6 percent growth experienced in 2018--something investors should take note of with respect to retail-focused exchange-traded funds (ETFs). ETFs to keep an eye on are the SPDR S&P Retail ETF (XRT) , Amplify Online Retail ETF (IBUY) and VanEck Vectors Retail ETF (RTH) . XRT is up 8 percent year-to-date, while IBUY is up almost 18 percent and RTH is 7.6 percent higher YTD.
The National Retail Federation announced its 2019 retail sales forecast, expecting the total to exceed $3.8 trillion with growth of 3.8% to 4.4%. "More people are working, they're making more money, their taxes are lower and their confidence remains high," said Matthew Shay, the group's chief executive, in a statement. "The biggest priority is to ensure that our economy continues to grow and to avoid self-inflicted wounds. It's time for artificial problems like trade wars and shutdowns to end, and to focus on prosperity not politics." The NRF said retailers so far have been able to blunt the impact of higher tariffs, but that could change if tariffs on $200 billion worth of Chinese goods go up to 25% from 10%. Preliminary numbers show that retail sales grew 4.6% in 2018, reaching $3.68 trillion. Online sales were up 10.4% to $682.8 billion, and are expected to grow 10% to 12% in 2019 as well. The SPDR S&P Retail ETF has gained 1.7% over the last 12 months. The Amplify Online Retail ETF has gained 11.3% in the past year. The S&P 500 index is up 3.2% for the period.