We are seeing greater interest specific retailers over others. For example, the markets are picking Costco (NasdaqGS: COST) over Wall Mart (NYSE: WMT) and Home Depot (NYSE: HD) over Lowe’s (NYSE: LOW). [Home Depot’s Builds Something for These ETFs]
Meanwhile, the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) and the discretionary sector has been the biggest laggard in the S&P 500. While XLY has been on the rise, investors still pulled almost $258 million from the ETF over the past week. [Discretionary ETFs on the Comeback Trail]
SPDR S&P Retail ETF
For more information on the retail sector, visit our retail category.
Max Chen contributed to this article.