FXG: Crushing The Competition In The Consumer ETF Space

By: ETFdb
As the economy has continued to weaken in recent months, investors have pushed towards safer choices in a number of sectors of their portfolios. Generally speaking, funds in a few select, defensive sectors tend to benefit in this environment, namely those in the health care, utilities, and consumer staples niches. Yet, while some sectors have held up pretty well in this turmoil, gains have been harder to come by in the usually safe consumer staples space. After all, people have to buy these products regardless of the broader economic situation, so one would assume that their share prices would be relatively strong, however, this has not been the case so far this year. In fact, most products are down in year-to-date terms in the Consumer Staples ETFdb Category as nine of the 13 funds that have been around since the beginning of the year are in the red. With that being said, a few [...] Click here to read the original article on ETFdb.com. Related Posts: Five Equity ETFs With Low Betas For A Rocky Market ETFdb Category Kings: Best Performers From First Half Of 2011 ETFs & Sector Rotation: Large Cap, Small Cap, Or International? May ETFdb Category Kings: Best Performing ETFs Daily ETF Roundup: UNG Surges On EIA Report, XLP Tumbles On Downgrade And Data
As the economy has continued to weaken in recent months, investors have pushed towards safer choices in a number of sectors of their portfolios. Generally speaking, funds in a few select, defensive sectors tend to benefit in this environment, namely those in the health care, utilities, and consumer staples niches. Yet, while some sectors have held up pretty well in this turmoil, gains have been harder to come by in the usually safe consumer staples space. After all, people have to buy these products regardless of the broader economic situation, so one would assume that their share prices would be relatively strong, however, this has not been the case so far this year. In fact,  most products are down in year-to-date terms in the Consumer Staples ETFdb Category as nine of the 13 funds that have been around since the beginning of the year are in the red. With that being said, a few [...]

Click here to read the original article on ETFdb.com.

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