| Sorry, Retail ETFs Typically Lag the Market During Holidays | |
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Nothing says the holidays quite like articles about how investors can play Black Friday or the holiday shopping season with exchange-traded funds that track retail stocks. It's a seemingly logical idea, not to mention low-hanging fruit for a financial writer: The most wonderful time of the year is supposed to be the most wonderful time for retail sales. Not to a be a Scrooge, but such retail-oriented ETFs tend to underperform the market during this time. In the nine years since retail ETFs began to trade, investors would have been better off just sticking with their boring old Standard & Poor's 500-stock index fund. More from Bloomberg.com: A Military Power Rises in the Mideast, Courtesy of One Man The table below shows the performance of the two most popular retail ETFs, the SPDR S&P Retail ETF (XRT) and the Market Vectors Retail ETF (RTH) during the holiday shopping season, from Black Friday through the day after Christmas. At first glance, retail ETFs appear to shine during the holiday season, with XRT and RTH showing only one year of negative returns each and returning an average of 3 percent and 1.8 percent, respectively, during the period. The problem is that the market ordinarily performs better. As such, the holidays are good for the market, but not "extra good" for retailers. |
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Prb Energy Inc.
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CODE : PRB |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Prb Energy is a and oil development stage company based in United states of america. Prb Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 214.4 millions as of today (€ 188.5 millions). Its stock quote reached its lowest recent point on April 25, 2008 at US$ 0.10, and its highest recent level on June 28, 2019 at US$ 24.58. Prb Energy has 8 722 000 shares outstanding. |