5 Market-Beating Sector ETFs Of March

This fund focuses on the time-tested multifactor approach that emphasizes factors (smaller cap, lower relative price and higher profitability) that academic research has linked to higher expected return in the utilities sector. It follows the John Hancock Dimensional Utilities Index, holding 37 stocks with none accounting for more than 6.13% share. The fund has amassed $16.7 million in AUM while charging 40 bps in fees per year. It trades in average daily volume of 4,000 shares and has a Zacks ETF Rank #3.

First Trust Nasdaq Food & Beverage ETF (FTXG - Free Report) – Up 10.3%

With more American being vaccinated, consumer spending has risen, providing huge boost to FTXG. This ETF offers exposure to U.S. companies within the food and beverage industry. It tracks the Nasdaq US Smart Food & Beverage Index, holding 31 securities in its basket with each accounting for less than 10% share. It has AUM of just $3.9 million and charges 60 bps in annual fees. It sees a meager average daily volume of under 5,000 shares and has a Zacks ETF Rank #4 (Sell).

SPDR S&P Retail ETF (XRT - Free Report) – Up 9.5%

Americans are growing optimistic about an economic recovery, leading to spike in retail sales. This is especially true as the University of Michigan’s final sentiment index climbed to a pandemic high of 84.9 in late March from a preliminary reading of 83. The Conference Board on consumer confidence index also jumped to 109.7 in March — the highest level since the onset of the pandemic in March 2020.

With AUM of $574 million, this product targets the broad retail sector by tracking the S&P Retail Select Industry Index. It holds 102 securities in its basket with key holdings in Internet & direct marketing retail, automotive retail, apparel retail and specialty stores. The fund charges 35 bps in annual fees and trades in heavy volume of 5 million shares per day on average. It has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook.

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