5 ETFs To Ride The Popular Trends Amid Coronavirus Crisis

Investors seem to be spooked by the resurgence in coronavirus cases as they fear that another round of business restrictions and lockdown measures might derail the economic recovery achieved so far. According to a CNN report, the United States is close to recording 8 million coronavirus cases while it is witnessing more than 50,000 daily new infections, on average.

Moreover, cases have started to reportedly surge in Europe as well, with night-time curfews to be imposed in some French cities starting Saturday, along with stricter restrictions in London.

Notably, the outbreak has caused an unprecedented collapse of economic activities as governments had to shut down commerce and implement social-distancing measures in an effort to contain the spread of the virus. Although necessary to control the outbreak, the halting or rolling back of the reopening process may hurt investor sentiments and optimism about economic recovery in the near term.

Meanwhile, making the situation worse, major players in the race to develop coronavirus vaccine and antibodies development have announced the pausing of trials. Given the situation, it looks like another round of stimulus will be absolutely necessary to help the economy amid this health crisis. Moving ahead, this election year could turn out to be the worst, with the coronavirus pandemic intensifying by the day.

Keeping the current scenario in mind, let’s discuss ETFs that can be a good addition to investors’ portfolio for better returns amid the coronavirus crisis:

Amplify Online Retail ETF (IBUY)

Strikingly, even as the rebooting of the U.S. economy happens in phases and social-distancing restrictions get relaxed, people are increasingly opting for contactless operations. In fact, U.S. online sales rose 42% year-over-year in August, according to the latest Adobe Analytics data. Since March, Adobe (ADBE) attributes the pandemic to an extra $107 billion spent online.

Also, per Salesforce (CRM), digital revenues are expected at $221 billion, whereas total holiday sales are estimated to hit $730 billion in the November-December period, as reported in a Digital Commerce 360 article.

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