That makes Tesla PEZ’s fourth-largest holding. The combination of being one of a small number of ETFs that feature Tesla and Netflix (NasdaqGS: NFLX) among its top-10 holdings along with solid exposure to airline stocks has helped PEZ remain durable even as traditional cap-weighted consumer discretionary ETFs have flailed this year. [Another ETF Idea for Airline Stocks]
PEZ entered Monday with a 2.2% year-to-date gain compared to a 0.31% gain for the Vanguard Consumer Discretionary ETF (NYSEArca: VCR).
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ETF Trends editorial team contributed to this post.