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Weekly Strategy Calls
Finding Winners—Our Review of Consumer Discretionary ETFs.
Posted: 12/20/2023
This week, Zacks Chief Equity Strategist and Economist John Blank, PhD discusses:
• The top ETFs in the Consumer Discretionary sector—funds consisting of companies of companies that provide the “fun stuff” in life, from gaming to media, appliances to hotels, retail to automotive and more. This presentation, like our previous Consumer Discretionary stock analysis, highlights the rotation from buying “stuff” during the pandemic to buying services and experiences after it.
• After an overview of this ETF sector, including a look at the benchmark indexes, expense ratios, inception dates and changes in weekly AuM for key funds, John dives in to the ETF returns. He reviews charts for Dividend-Adjusted Price Returns and Returns Analysis, with special emphasis on the pre-Covid and post-Covid periods.
• John wraps up this week’s presentation with a look at valuations for these funds, including essential metrics like P/E, P/BV, and Beta. As always, he clearly defines what each metric means and its importance for investors. Don’t miss this expert analysis of the ETFs that cover the products and services we love to buy.