ETF Trends publisher Tom Lydon discussed the Amplify Online Retail ETF (IBUY) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.
Online retail sales continue to gain ground over traditional retailers, rising over 2000% since 1999.
The amount of online buyers around the world estimated to increase 57% from 2014 to 2019; Global online retial sales $1.5 trillion in 2015, expected to rise to $4.1 trillion in 2020.
IBUY tracks global companies that obtain 70% or more of revenue from online or virtual sales.
Top holdings include Overstock 4.37%, Carvana 3.72%, Lands End 3.70%, stamps.com 3.62%, Liberty Interactive 3.61%, Grubhub 3.57%, Petmed Express 3.55%, Amazon 3.54%, Paypal 3.50%, and Etsy 3.48%.