Retail sales dropped 0.9% in May, but select sectors like online, apparel, and furniture retail defied the downturn with gains. ETFs like ONLN, RTH, XRT and IEDI should benefit.
iShares U.S. Consumer Focused ETF offers a unique, AI-driven approach of consumer discretionary, with a more defensive profile than traditional ETFs in this sector. While IEDI has average fundamentals, it has historically delivered superior risk-adjusted performance compared to competitors. IEDI has a few drawbacks: low assets under management, limited liquidity, portfolio concentration, and recent underperformance.
Retail sales grew at a slower pace than Wall Street had expected in December.