Shares of McDonald’s (NYSE: MCD) were fractionally lower Thursday after the Golden Arches said its quarterly profit rose 11%.
The restaurant operator is a bellwether for the consumer-discretionary sector and a top holding among exchange traded funds (ETFs) tracking that portion of the economy.
The biggest sector ETFs in terms of total assets include Consumer Discretionary Select Sector SPDR (NYSEArca: XLY), First Trust Consumer Discretionary AlphaDex (NYSEArca: FXD), Vanguard Consumer Discretionary ETF (NYSEArca: VCR) and iShares Dow Jones U.s. Consumer Services (NYSEArca: IYC).
McDonald’s also accounts for 5% of PowerShares Dynamic Food & Beverage Portfolio (NYSEArca: PBJ).
Consumer Discretionary Select Sector SPDR
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