From Nasdaq:

The 2023 holiday shopping season saw strong sales, with a 3.1% increase from Nov 1 to Dec 24. Despite this, it fell below the projected 3.7% growth but outperformed the 7.6% growth reported last year. Online sales surged 6.3%, while in-store sales only rose 2.2%.

Five ETFs are set to soar post-holiday season: EATZ, PSCD, IBUY, ONLN, and XRT. Online sales grew faster than in-store, with restaurant spending rising the most at 7.8%. Major retailers like Amazon and Walmart increased their promotions in November but not as deeply as in previous years.

EATZ is an actively managed ETF that invests solely in the restaurant and food service industry, charging 1.01% in annual fees. PSCD targets the small-cap consumer discretionary sector. IBUY offers global exposure to online retail, charging 65 bps in annual fees. ONLN offers exposure to companies selling online, charging 58 bps in annual fees. XRT tracks the S&P Retail Select Industry Index.

The overall retail spending was strong, but it was not as high as predicted, and the online sales surged more than in-store sales did. Five ETFs are poised to soar following the holiday shopping season, which can offer opportunities for investors to explore various retail segments.



Read more: 5 ETFs to Ride High on Strong Holiday Retail Sales