Launched on 01/26/2004, the Vanguard Consumer Discretionary ETF (VCR) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.
VCR offers a well-constructed and highly competitive solution among U.S. consumer discretionary-themed ETFs, with performance and an expense ratio in line with the sector. Recent economic data seems to rule out a U.S. recession, even though a Fed rate cut in September appears to be a foregone conclusion. Consumer discretionary stocks historically show greater sensitivity to monetary policy easing compared to the SPY itself.
Consumer discretionary has been the worst-performing sector year to date. Economic indicators provide insight into why the sector is lagging the broader market.
Monthly article series provides a dashboard with aggregate subsector metrics in Consumer Discretionary. Consumer services are the most attractive subsector based on value and quality scores, while the auto and components industry is below its baseline regarding both scores. Vanguard Consumer Discretionary Index Fund ETF Shares is an alternative to XLY.
For investors seeking momentum, Vanguard Consumer Discretionary ETF VCR is probably on the radar. The fund just hit a 52-week high and is up about 32% from its 52-week low price of $247.52/share.
If you're interested in broad exposure to the Consumer Discretionary - Broad segment of the equity market, look no further than the Vanguard Consumer Discretionary ETF (VCR), a passively managed exchange traded fund launched on 01/26/2004.
Vanguard Consumer Discretionary ETF is a hold due to key risk factors, including competition dragging down Tesla and potential declines in consumer spending during recessions. VCR is a passively managed ETF with 303 holdings and $6.06B in AUM, focusing on broadline retail companies, automobile manufacturers, and restaurants. VCR has seen slightly lower returns compared to the S&P 500, has a low expense ratio, and average dividend yield.
Many sectors are hitting all-time highs due to earnings growth and investor optimism. The consumer discretionary sector is down for a multitude of good reasons.