Will Coronavirus Vaccine Optimism Drive These ETFs?

The fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Energy Select Sector Index. Holding 26 securities, the fund has AUM of $10.64 billion, with an expense ratio of 0.13% (read: Energy ETFs to Surge on Chevron-Noble Energy Deal).

Vanguard Consumer Discretionary ETF VCR

The coronavirus outbreak has largely impacted the consumer discretionary sector, which attracts a major portion of consumer spending. Major retailers, restaurants and hotels in the United States had to shut down operations domestically and abroad. Also, the pandemic has resulted in some changes in the lifestyle and preferences of Americans. Most of the surveys have found that people are more interested in opting for online shopping rather than visiting a brick-and-mortar store for their purchases of essential food items and supplies. Even as the U.S. economy reopens in phases and social-distancing restrictions are being eased, people will try to minimize human-to-human contact.

The fund seeks to track the performance of the MSCI US Investable Market Consumer Discretionary 25/50 Index that measures the investment return of consumer discretionary stocks. Holding 293 securities, the fund has AUM of $3.50 billion, with an expense ratio of 0.10% (read: How to Ride on a Soaring Amazon With ETFs).

First Trust NASDAQ Global Auto ETF CARZ

The coronavirus pandemic has affected production and sales of vehicles as carmakers had to shut down facilities in late March across the United States. However, with many states starting to ease restrictions, automakers have restarted operations to some extent.

The fund seeks investment results that correspond generally to the price and yield, before the fees and expenses, of the NASDAQ OMX Global Auto Index. Holding 34 securities, the fund has AUM of $19.2 million, with an expense ratio of 0.70% (read: ETFs to Surge as Tesla Turns to Profit, Secures S&P 500 Entry).

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