Consumer confidence has been on the rise.
This ETF offers much more of a mid-cap tilt than do other consumer discretionary ETFs. As such, we believe it provides purer exposure to the U.S. consumer discretionary sector than do some of its peers, whose holdings include firms with meaningful overseas businesses.
Some consumer discretionary firms have begun boosting dividends and increasing their share repurchase programs, both of which are higher-return propositions for investors than simply keeping cash on the sidelines. Read more