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...
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