5 Last-Minute ETF Deals Before Christmas Eve
Zacks Investment Research | Dec 22, 2019 08:00PM ET
The holiday shopping season begins with Black Friday and officially ends with Super Saturday – the last Saturday before Christmas. Stores offer hefty discounts to last minute shoppers to generate as much revenues as possible. This year was no exception as retail analysts expect Super Saturday to have National Retail Federation’s new survey .
Having said this, we would like to note that customers are still on shopping spree, especially with 2019 holiday season six days shorter.
Global X Millennials Thematic ETF (BE:MILN)
Per top spenders on Black Friday, shelling out an average of $509.50 on purchases compared with just $382.40 in 2018. With the trend is expected to continue throughout the season, we believe MILN will be a good bet.
Amplify Online Retail ETF IBUY
Now who can forget online retail ETF – the most important medium of shopping? In-store purchases have been slowing lately with surging demand for technologies. This makes IBUY an intriguing ETF deal for Christmas (read: Shop Online ETFs & Stocks for Black Friday & Beyond ).
Total retail sales are expected to grow between 4.5% and 5% during the holiday period, suggesting a rise from 3.1% recorded in 2018, according to Deloitte's annual holiday forecast. Among this, online sales are set to rise 11-14% this year.
VanEck Vectors Retail ETF ( (TSXV:RTH) )
This retail ETF should definitely be there on the shopping list. The fund has huge exposure to Amazon (NASDAQ:AMZN) (19.28%) followed by Home Depot (NYSE:HD) (10.16%) and Wal-Mart Stores (NYSE:WMT) (9.02%). All these companies are known for huge holiday season business.
Amazon’s recent announcement of expanding its free return program to extra Amazon’s the busiest shopping day ever.
And if you are worried that your purchases made online won’t arrive before the Christmas, you can go for click-and-brick shopping mode, meaning buy online and pick up in-store. The likes of Kohl's (NYSE:KSS) , Macy's (NYSE:M) , JCPenney (NYSE:JCP) , Nordstrom (NYSE:JWN) offer this service (read: Bet on Brick-and-Click Retailing With These ETFs ).
Defiance Next Gen Video Gaming ETF VIDG
According to the debut of The Mandalorian, Star Wars Jedi: Fallen Order , which saw huge success. All these make video game ETF a good bet right now.
Global X Social Media ETF ( (CM:SOCL) )
This is the time when social media will witness Christmas-themed photos, gift ideas and increased retailer following. Facebook (NYSE:F) B) and Twitter (NYSE:TWTR) should win from this trend. So, one can play SOCL.
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