Q1 Earnings Fail To Boost Retail ETFs

First Trust Nasdaq Retail ETF (FTXD - Free Report)

The fund follows the Nasdaq US Smart Retail Index and holds 50 stocks in its basket. It is moderately concentrated across components, with each firm holding less than 7% of the assets. While discount stores make up for a substantial 20.4%, food retail & distribution, auto vehicles parts & service retailers, drug retailers and other specialty retailers round off the next spots. FTXD has accumulated $7.7 million in its asset base and has an expense ratio of 0.60%. The ETF has added 1.1% in a week and has a Zacks ETF Rank #3.

Invesco Dynamic Retail ETF (PMR - Free Report)

This fund follows the Dynamic Retail Intellidex Index. In total, the product holds 30 securities with each holding less than 6.1% of the assets. In terms of industrial exposure, apparel & accessories retailers, other specialty retailers, food retail & distribution, auto vehicles parts & service retailers and discount stores takes double-digit exposure each. The fund has accumulated just $7.3 million in its asset base and charges 63 bps in fees per year. It has lost 0.5% in a week and has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook.

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