Even with a depreciating euro and overall slowing growth for the global economy, consumers are in the mood to spend as the holiday season approaches, which should prolong the momentum of the retail sector into next year, according to an article published by Zacks.
Here are a few retail and consumer-based ETFs to keep in mind if you’re looking to benefit from the sector’s recent rally:
- Market Vectors Retail ETF (NYSEArca: RTH)
- SSgA Consumer Discretionary Select Sector SPDR Fund (NYSEArca: XLY)
- First Trust Consumer Discretionary AlphaDEX Fund (NYSEArca: FXD)
To read more, visit Zacks.com.