SKYY also features a 4.2% weight to Netflix (NasdaqGS: NFLX), making it one of the largest ETF holders of that stock. With Facebook, Netflix and Amazon combining for over 12% of SKYY’s weight, the ETF is up almost 7% this year. [The Right Netflix ETFs]
With Amazon being classified as a member of the consumer discretionary, investors can access the stock via the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) and rival funds, but a better idea might just be the Market Vectors Retail ETF (NYSEArca: RTH). Last year’s best-performing consumer discretionary, RTH had an 11.6% weight to Amazon as of July 22, helping the ETF to a 7.1% year-to-date gain. RTH’s Amazon exposure has helped the ETF endure sluggish performances from Wal-Mart (NYSE: WMT) and Costco (NasdaqGS: COST) this year.
PowerShares NASDAQ Internet Portfolio
Tom Lydon’s clients own shares of Facebook.