Consumer discretionary stocks have been performing well ahead of the holiday shopping season, making it an ideal time to consider investing in consumer discretionary ETFs. Here are three top picks to consider before holiday shopping peaks.
1. The Consumer Discretionary Select Sector SPDR Fund (XLY) offers exposure to a wide range of consumer discretionary companies, including retail giants like Amazon and Home Depot. This ETF has seen steady growth in recent months, making it a solid choice for investors looking to capitalize on holiday shopping trends.
2. The Vanguard Consumer Discretionary ETF (VCR) is another strong option for investors seeking exposure to consumer discretionary stocks. This ETF tracks the performance of the MSCI US Investable Market Consumer Discretionary 25/50 Index and includes companies like Nike and Disney. With a low expense ratio and solid performance history, the VCR is worth considering for holiday shopping season.
3. The iShares Evolved U.S. Discretionary Spending ETF (IEDI) takes a unique approach to investing in consumer discretionary stocks by using a proprietary methodology to select companies based on their exposure to discretionary spending. This ETF includes companies like Netflix and Starbucks and has shown strong performance in recent months.
As the holiday shopping season approaches, investing in consumer discretionary ETFs can be a smart way to capitalize on increased consumer spending. Consider these three top picks before holiday shopping peaks to potentially boost your investment portfolio.