The fund has accumulated $1.2 billion in its asset base while sees good trading volume of around 326,000 shares a day. It charges 44 bps in fees and expenses and gained nearly 12.4% so far this year. IYT has a Zacks Rank of 2 or ‘Buy’ rating with Medium risk outlook, suggesting its continued outperformance in the coming months (see: all the Industrials ETFs here).
Market Vectors Retail ETF (NYSEARCA:RTH)
This fund follows the Market Vectors US Listed Retail 25 Index and holds about 26 stocks in its basket with AUM of $40.1 million. Average daily volume is light at under 37,000 shares while expense ratio is at 0.35%. The product is heavily concentrated on the top 10 holdings with 63.75% of assets.
Sector wise, specialty retail occupies the top position with less than one-third share, followed by double-digit allocation to hypermarkets, departmental stores, drug stores, and health care services. RTH lost 1.6% so far in the year and has a Zacks ETF Rank of 3 or ‘Hold’ rating with a Medium risk outlook.
Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP)
This is the most popular and liquid ETF in the consumer space with AUM of over $6.9 billion and average daily volume of 7.9 million shares. The fund follows the S&P Consumer Staples Select Sector Index, charging 16 bps in fees per year from investors.
Holding 42 securities in its basket, the product has slight tilt toward food & staples retailing which makes up for one-fourth share, closely followed by household products (20.01%), beverages (19.83%) and food products (18.48%). The fund is concentrated on the top firm – Procter & Gamble (PG) – at 12.82% while other firms hold less than 9.6% of total assets.
The ETF is up 5.6% in the year-to-date time frame but has a Zacks ETF Rank of 4 or ‘Sell’ rating with a Medium risk outlook.
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