Jennifer Hill for MSN Money reports that consumers around the globe can’t get enough of McDonald’s, Starbucks and Coca-Cola, and they’ve proved to be unwilling to give them up even in hard times. In fact, some say the global economic downturn has actually buoyed the convenience food sector.
Is it time to give into your cravings and get some of this for yourself? Both of the ETFs below are hovering around their long-term trend lines; sign up for alerts in order to get notified of key trading signals. [Fast Food ETFs Go International.]
For more stories about food and beverages, visit our food and beverage category.
- PowerShares Dynamic Food & Beverage (NYSEArca: PBJ): up 10.8% year-to-date; McDonald’s, Yum! Brands, Burger King, Chipotle, Starbucks, Papa John’s and Coca-Cola are top holdings.
- PowerShares Dynamic Leisure & Entertainment (NYSEArca: PEJ): up 12.1% year-to-date; McDonald’s, Yum! Brands, Starbucks, Chipotle, Papa John’s, Panera Bread and Burger King are top holdings.
Tisha Guerrero contributed to this article.