- Retail ETFs continue to under-perform market indexes for the year as the hits keep coming in the sector. Today's dismantling of Best Buy follows up a relentless string of guidance cuts from apparel sellers and department store chains.
- Though many companies are taking advantage of their vibrant e-commerce channels, in most cases it's not enough to make up for soft store traffic.
- Weakness at malls in particular is a risk for the group. In that vein, five of the top ten holdings (FRAN, ANF, M, FINL, CAB) of the S&P Retail ETF (XRT) are companies that frequently set up shop at or near malls.
- Related ETFs: XLY, VCR, IPD, RTH, RETL, FXD, RXI, PMR, FDIS, RCD, PEZ, PSCD, AXDI
From other sites
at Zacks.com (Mar 26, 2015)
at Zacks.com (Mar 17, 2015)
at Benzinga.com (Jan 7, 2015)
at CNBC.com (Dec 31, 2014)
Pre-Market Earnings Report for December 10, 2014 : COST, TOL, FGP, VRA, FRAN, HOV, CNSI, TITN, CHKE, LAYNat Nasdaq.com (Dec 9, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs