When investors think about online retail stocks, certainly the first name that comes to mind is retail behemoth Amazon (NASDAQ:AMZN). Not only has it surpassed brick-and-mortar competitor Wal-Mart (NYSE:WMT) as the largest global retailer, but in the growing world of online retail, it holds approximately a quarter of the market share.
Jane Edmondson has noticed an uptick in unsolicited advice since she started a new business designing new varieties of exchange-traded funds (ETFs). The products, similar to mutual funds, track an underlying index that can mirror anything from the overall market leaders to a more trendy market niche.
IBUY, the first ETF from Amplify, tracks EQM Indexes' Online Retail Index (IBUYXT) Click here to read the press release.
Yes, Amazon.com (AMZN) suffered a big earnings miss, and its stock plummeted on Friday. Here’s what the e-commerce company is doing right for the long term.
EQM Indexes LLC, (“EQM Indexes”), a San Diego-based provider of index benchmarks for Exchange Traded Products (ETPs), has launched an index that tracks the online retail market segment. The IBUYXT Index (the “Index”) tracks the combined performance of a basket of 40 to 50 global stocks that derive significant revenue from online retail and virtual commerce including the online retail, online marketplace, and online travel market segments.
Currency-hedged ETFs have been around since 2010, but with the US dollar so strong relative to other currencies they have been gaining in popularity with investors seeking to reduce the currency risk in their portfolios.
