Two New Offerings
Indeed, retail ETFs is an area where no two funds are the same. In addition to XRT and RTH, there are the Direxion Daily Retail Bull 3x Shares (RETL)―a leveraged product―and the multifactor PowerShares Dynamic Retail Portfolio (PMR).
There are also two new offerings that launched just last year. The Amplify Online Retail ETF (IBUY) holds a basket of global retail stocks that derive most of their revenues from online sales, something that may appeal to investors who believe that an increasing share of retail sales will be online.
Meanwhile, the First Trust Nasdaq Retail ETF (FTXD) is another multifactor product that focuses on low volatility, value and price appreciation.
The table below contains the six retail ETFs currently available on the market and key information about them.
|XRT||SPDR S&P Retail ETF||State Street Global Advisors||0.35%||$623.88M||Equity: U.S. Retail|
|RTH||VanEck Vectors Retail ETF||Van Eck||0.35%||$97.55M||Equity: Global Retail|
|RETL||Direxion Daily Retail Bull 3x Shares||Direxion||0.96%||$35.78M||Leveraged Equity: U.S. Retail|
|PMR||PowerShares Dynamic Retail Portfolio||Invesco PowerShares||0.63%||$21.36M||Equity: U.S. Retail|
|IBUY||Amplify Online Retail||Amplify||0.65%||$5.59M||Equity: Global Retail|
|FTXD||First Trust Nasdaq Retail ETF||First Trust||0.60%||$1.96M||Equity: U.S. Retail|
At the time of writing, the author did not own any of the securities mentioned. Contact Sumit Roy at [email protected].