ETF Spotlight on Market Vectors Retail ETF (NYSEArca: RTH), part of an ongoing series.
Hurricane Sandy is devastating the Northeast. There is no “pure play” ETF for home-improvement companies but RTH’s top holding include Wal-Mart (NYSE: WMT) 14.5%, Home Depot (NYSE: HD) 9.9%, Amazon (NasdaqGS: AMZN) 9.5%, CVS Caremark (NYSE: CVS) 6.5% and Lowe’s (NYSE: LOW) 5.1%.
Assets: $16.5 million.
Objective: The Market Vectors Retail ETF tries to reflect the performance of the Market Vectors US Listed Retail 25 Index, which holds the 25 largest U.S.-listed, publicly traded retail companies.