NEW YORK (TheStreet) -- SPDR S&P Retail XRT and First Trust Consumer Discretionary AlphaDEX FXD have declined 10% since mid-June as investors shun the consumer market.
This has eroded gains earned from January to April, in turn dropping 2010 returns down to nearly 0%. Instead, investors should consider an ETF with more favorable consumer exposure, the First Trust Dow Jones Internet FDN, which is down only 4% over the same period.
To read the rest of this article, click here.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in