ETF Areas in Spotlight as Delta Variant Cases Rise
Zacks Investment Research | Jul 27, 2021 05:00AM ET
Delta variant remains a serious concern as the number of cases is rising in the United States. Considering the latest surge in COVID-19 cases, investors seem worried about the sustainability of U.S. economic recovery from the pandemic-led slump.
The coronavirus outbreak is now being observed in kids as well, with about more than 23,000 kids infected, doubling from the figure reported at the end of June (per the American Academy of Pediatrics), as stated in a CNN report.
The new cases arising from the delta variant are being mostly observed among the unvaccinated population. Around 83% of sequenced samples in the United States have been found to belong to the highly-contagious delta variant, according to CDC Director Dr. Rochelle Walensky, per a CNN report. Going on, health experts have claimed the delta variant to be twice as infectious as the original COVID-19 strain, according to the verified sources.
Here we highlight some ETF areas that can gain in an attempt to minimize human-to-human contact as delta variant cases continue to spike globally:
h3 Online Retail ETFs/h3Online shopping is gaining favor with shoppers in an attempt to minimize human-to-human contact as coronavirus cases continue to surge in the United States. Notably, the pandemic has been a boon for the e-commerce industry as people continue to prefer staying indoors and shopping online. Going by a Statista report, the global e-commerce market is expected to touch $3.3 trillion, at a CAGR of 7.4% between 2020 and 2025.
As mentioned in Video Gaming ETFs to Surge on Soaring Sales Amid Pandemic ).
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