RTH as a symbol may ring a bell to anyone whom formerly traded the “old RTH”, which was a now defunct, Merrill Lynch HOLDRs product. Today’s RTH from Market Vectors, is a much more efficient product and aside from having the same symbol, is not structured to be like or used like the ex-RTH was. RTH seems like a very effective “Earnings Season” or perhaps “Same Store Sales” type ETF, in terms of its top end asset exposure to names like WMT (11.22%), AMZN (8.93%), and HD (7.64%), and lesser exposure to names like LOW, TGT, and TJX which are also among the top ten names in the fund.
An even smaller Retail oriented fund is offered by PowerShares, and it is PMR (PowerShares Dynamic Retail Portfolio, Expense Ratio 0.60%) and this fund has approximately $25 million in AUM.
SPDR S&P Retail ETF
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