All those cards, flowers and assorted other gifts you picked up for your mom might benefit retail exchange traded funds (ETFs) when the numbers come out.
You splurged, right? Some of you waited until the last minute, though. You don’t fool us.
Did you get her a nice Louis Vuitton bag? Perhaps you helped the Claymore/Robb Report Global Luxury (ROB). It could use the boost, because year-to-date it’s down 7.3%. Louis
Vuitton is 5.9% of the fund.
Maybe you grabbed that last-minute gift at the grocery store. The PowerShares Dynamic Food & Beverage (PBJ) could get a lift from that, since Safeway (SWY) is 2.7% of the fund, which is down 1.4% year-to-date.
Maybe you’ll take her on a shopping spree at her favorite mall. SPDR S&P Retail (XRT) might benefit if she stocks up on clothes from Ann Taylor (ANN, 2%), J.Crew (JCG, 2%) and books from Barnes & Noble (BKS, 2%). Year-to-date, the fund is down 2.9%.
Happy Mother’s Day!
