Forget Individual Consumer Stocks: Buy This ETF Instead
When it comes to investments that have driven massive returns, many of them came from the retail sector. Innovative retail concepts and regional to international expansions have often delivered outsized returns.
Still, for every millionaire maker like Home Depot or , there is a Bed Bath Beyond or a JCPenney that wipes out many investors. Thus, while investors should not forget individual stocks, some may prefer to invest in exchange-traded funds (ETFs) instead, to hedge against failed retailers.
Fortunately, investors have numerous choices in ETFs tied to consumer discretionary stocks. However, of all the choices prospective investors may have in this category, the VanEck Retail ETF (NASDAQ: RTH) may be best positioned to deliver. Here's why.
Source Fool.com