SPDR S&P Retail ETF (XRT) — ()
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Retail Sales Tumble 0.9% in January, Worse Than Expected
Published: by:
Sentiment: Negative ()
The Census Bureau's Advance Retail Sales Report for January showed a sharper-than-expected decline, with headline sales falling 0.9%—the largest monthly drop since March 2023 and the first decline in five …
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About SPDR S&P Retail ETF XRT
The SPDR S&P Retail ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Retail Select Industry Index (the “Index”)Seeks to provide exposure the retail segment of the S&P TMI, which comprises the following sub-industries: Apparel Retail, Automotive Retail, Broadline Retail, Computer & Electronic Retail, Consumer Staples Merchandise Retail, Drug Retail, Food Retailers, and Other Specialty Retail.Seeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocksAllows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing