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Can The Consumer Hang In There?

Published 08/25/2022, 02:47 AM
Updated 07/09/2023, 06:31 AM
DIA
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SPY
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QQQ
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IBB
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COST
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AZO
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ORLY
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IWM
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DG
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US90274J5618=UBSS
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KRE
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XRT
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IYT
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SMH
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OLLI
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IBUY
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EYE
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CHWY
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GO
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DASH
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XRT is the largest retail ETF but by all means, not the only one. IBUY is another one to look at for more e-commerce names. IBUY though includes companies around the world while XRT is 100% United States.

Hence, XRT is Granny’s monkier as it also offers exposure to many sub-industries with the retail industry, including apparel, drug retailers, departments stores and computer and electronics retailers.

It’s important to remember that the US consumer makes up approximately 70% of the our economy.

Without Granny Retail’s shopping and consumerism, our economy would not the largest in the world.

XRT Daily Chart

  • Fund Type: Consumer Discretionary ETF
  • Benchmark Index: S&P RETAIL SELECT
  • Date of Inception: 06/19/2006    AUM $256.96M
  • Number of retail holdings in the ETF: 89
  • Expense Ratio: 0.35%
  • Dividend Yield: 1.64%

XRT Sector Weights

XRT Sector Weights

Top 10 Retail Sector Holdings

Chewy (NYSE:CHWY)
Grocery Outlet Holding (NASDAQ:GO
Ollies Bargain Outlet (NASDAQ:OLLI)
Rite Aid (NYSE:RAD
Dollar General (NYSE:DG)
AutoZone  (NYSE:AZO).
O'Reilly Automotive (NASDAQ:ORLY
Costco (NASDAQ:COST
National Vision Holdings (NASDAQ:EYE
DoorDash (NYSE:DASH)

ETF Summary

S&P 500 (SPY) 410 pivotal support 397 major support 423 resistance

Russell 2000 (IWM) 190 pivotal support, 180 major support, 199 resistance

Dow (DIA) 339 resistance with 319 major support

Nasdaq (QQQ) 312.50 pivotal support, 301 major support and 325 resistance

KRE (Regional Banks) 64.00 support 68 resistance

SMH (Semiconductors) 222 the 50-DMA support and over 240 better

IYT (Transportation) Through 243 better and must hold 225

IBB (Biotechnology) 123 the 50-DMA support to hold 128 resistance

XRT (Retail) 67.20 must hold on a weekly close. If not, looking at 66 then 65.00 next

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