Spotlight On SPDR S&P Retail ETF
By Tom Lydon:
ETF Spotlight on SPDR S&P Retail ETF (XRT), part of an ongoing series. U.S. retail sales were unchanged in August, the Commerce Department said Wednesday. The report was weaker than expected. Assets: $558.03 million. Objective: The SPDR S&P Retail ETF tries to reflect the performance of the companies in the retail sub-sector. Holdings: Top holdings include: Pricesmart Inc (PSMT) 1.69%, Monro Muffler Brake (MNRO) 1.37%, Wet Seal (WTSLA)1.37%, Whole Foods Market (WFM) 1.33% and Autonation (AN) 1.30%.
What You Should Know:
- State Street Global Advisors is the provider of the SPDR ETFs.
- XRT has an expense ratio of 0.35%.
- The fund is down 0.23% over the last month, 6.04% over the past three months and 2.04% year-to-date.
- Fund allocations include: Apparel Retail 28.87%, Specialty Stores 14.30%, Automotive Retail 12.97%, Food Retail 9.44%, General Merchandise Stores 7.47%, Department Stores 7.03%, Internet Retail 6.60%, Hypermarkets & Super Centers 5.07%, Computers & Electronics