Retail ETFs Take It In The Shorts
August 21, 2014 at 09:30 AM EDT
Investors are going short retailers as the earnings season reveals uneven growth in the sector, dragging down retail-related exchange traded funds. The SPDR S&P Retail ETF (NYSEArca: XRT) has underperformed the broader market this year, falling 0.8% year-to-date, compared to the 8.6% gain in...