Strong Start to Holiday Season Amid Strains Spotlight These Retail ETFs
Record holiday spending masks consumer strain, but strong retail earnings lift interest in ETFs XRT, RTH, IBUY and ONLN.
IBUY Rebalances Ahead of Black Friday
As consumers prepare their digital shopping carts for Black Friday, the Amplify Online Retail ETF (IBUY) has executed its November rebalance. IBUY adjusted its portfolio to reflect the evolving landscape of e-commerce.
IBUY: Odd Holdings And High Fees Undermine This Online Retail Fund
Amplify Online Retail ETF aims to offer broad exposure to the online retail sector. The fund has performed poorly since inception versus both the broad market and Amazon, the overwhelmingly dominant player in the space. It is greatly undermined by its equal weight format, which overweights holdings with a very tenuous link to retail, including Spotify and Uber.
ETF of the Week: Amplify Online Retail ETF (IBUY)
VettaFi's Head of Research Todd Rosenbluth discussed the Amplify Online Retail ETF (IBUY) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
Retail Sales Up 0.2% in September, Lower Than Expected
The Census Bureau's Advance Retail Sales Report for September showed consumer spending was lower than expected, with headline sales rising 0.2% versus the expected 0.4% monthly growth. This is down from August's 0.6% growth and marks the fourth consecutive monthly increase in headline sales.
Ahead of Holidays, Buy Into Online Shopping With This ETF
With the holiday season fast approaching, folks across the country soon need to figure out where they're getting their gifts from for their loved ones. While many still shop in brick-and-mortar stores, online shopping continues to be an increasingly popular option.
Retail Sales Up 0.6% in August, Higher Than Expected
The Census Bureau's Advance Retail Sales Report for August showed consumer spending was higher than expected, with headline sales rising 0.6% versus the expected 0.2% monthly growth. This is unchanged from July's upwardly revised 0.6% growth and marks the third consecutive monthly increase in headline sales.
Weekly Economic Snapshot: Market Hits New High as Conflicting Inflation Data Emerges
Last week, the S&P 500 experienced a rally that took it to three consecutive record highs. But the momentum cooled as economic data painted a complex picture.
Retail Sales Up 0.5% in July, Slightly Lower Than Expected
The Census Bureau's Advance Retail Sales Report for July showed consumer spending was slightly lower than expected, with headline sales rising 0.5%. This marks the second consecutive monthly increase and was just below the expected 0.6% rise.
Weekly Economic Snapshot: Consumer Spending Rebounds Despite Rising Inflation
Last week's economic data presented a picture of consumer resilience emerging alongside the continued challenge of rising inflation. While consumer spending staged a significant rebound in June, inflation heated up for a second straight month.
Retail Sales Up 0.6% in June, Better Than Expected
The Census Bureau's Advance Retail Sales Report for June showed consumer spending was higher than expected last month, with headline sales rising 0.6%. This marks the first monthly increase since March and was better than the expected 0.1% rise.
Weekly Economic Snapshot: Spending Slowdown & Industrial Dip
Last week's economic data painted a picture of broad cooling across several sectors, with consumers pulling back significantly on spending. Retail sales saw their largest decline in over two years in May, as consumers scaled back purchases following earlier front-loading.
