|Bid||0.00 x 2200|
|Ask||0.00 x 800|
|Day's Range||102.49 - 103.35|
|52 Week Range||87.11 - 112.23|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.06|
|Expense Ratio (net)||0.35%|
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.
The U.S. economy is continuing to see job gains and has started 2019 on solid note too. These sector ETFs should the beneficiary of January jobs report.
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.
After a volatile December that saw U.S. equities finish their worst year in over a decade, the retail sector was banking on a strong holiday shopping season to shake its own market doldrums. With the ongoing government shutdown delaying retail figures from the Commerce Department, retail investors are left to wonder whether a market cap-weighted strategy or an equal weight strategy will serve them best moving forward. ETF Trends Publisher Tom Lydon joined CNBC's Bob Pisani on the new "ETF Edge" show to discuss the dichotomy of these two strategies inherent in VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail ETF (XRT) .
Consumer discretionary stocks, of those companies which offer goods and services which are desirable to consumers when they have sufficient means, were able to ride out some of the overall downward pressures on the stock market in late 2018. While many sectors plummeted in the final weeks of the year as a result of increasing trade tensions, geopolitical events and more, consumer discretionary companies were more likely than many of their rivals to see a boost from holiday shopping. For investors interested in broad exposure to the consumer discretionary space, exchange-traded funds (ETFs) remain a strong option.
Though the last quarter of 2018 was the worst in a decade for Amazon, it still has plenty to offer for investors, putting related ETFs in focus.
These sector ETFs and stocks should give solid performance in the coming days thanks to upbeat jobs data for the month of December.
U.S. retailers revealed rising sales in their latest quarterly report cards, reflecting robust consumer spending in a healthy economy ahead of the traditional holiday shopping season, but retail stocks and sector-related exchange traded funds remain unimpressed. On Tuesday, the SPDR S&P Retail ETF (XRT) fell 2.9% and VanEck Vectors Retail ETF (RTH) declined 3.5%. A healthy economy with a tight labor market, unemployment levels near half-century lows and wage growth have strengthened consumer confidence, allowing American consumers to be more liberal in their discretionary purchases.
A strong holiday shopping season is being predicted for 2018, with analysts at brokerage firm Edward Jones calling for a 5% increase in sales from last year, down slightly from the 5.6% year-over-year (YOY) growth rate posted in 2017, but still above the 5-year average, Barron's reports. More good news for retailers in 2018: inventories look lean, there's an additional shopping day before Christmas compared to 2017, and investments in ecommerce initiatives by brick-and-mortar stores appear set to pay off. Another Barron's article suggests that investors consider these 9 retail ETFs: Amplify Online Retail ETF ( IBUY), Direxion Daily Retail Bull 3X Shares ( RETL), First Trust Nasdaq Retail ETF ( FTXD), Invesco Dynamic Retail ETF ( PMR), ProShares Decline of the Retail Store ETF ( EMTY), ProShares Long Online/Short Stores ETF ( CLIX), ProShares Online Retail ETF ( ONLN), SPDR S&P Retail ETF ( XRT), and VanEck Retail Vectors ETF ( RTH).
Despite a post-midterm election rally, volatility returned as equities resumed their downward trajectory from October, but if there's one thing to bet on--it's a Black Friday boost for the retail sector. As such, exchange-traded funds (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) . According to analytics company Kensho, the consumer discretionary sector within the companies listed in the S&P 500 returned an average of 1% and traded in the green 71% of the time during the week of Thanksgiving for the last 30 years.
VanEck announced today preliminary yearend distribution estimates for its VanEck Vectors® equity exchange-traded funds.
Strong domestic macroeconomic indicators may point to a jolly holiday shopping season and a favorable outlook for consumer sector-specific ETFs. Last year was the best holiday shopping season in three years for companies, and Matthew Boss, J.P. Morgan's equity research analyst focusing on retailing, argued that the strengthening U.S. consumer as the year progressed could bode well for sales this year as well. Boss warned that company-specific and industry-wide volatility could continue.