ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
    • Crypto ETF Hub
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Leveraged & Inverse ETF Channel
  2. There May Not Be Any June Gloom in the Retail Sector
Leveraged & Inverse ETF Channel
Share

There May Not Be Any June Gloom in the Retail Sector

Ben HernandezJun 20, 2023
2023-06-20

,As spring turns into summer, the retail sector could be heating up along with the weather. Numbers in May are already showing signs that June gloom may not cast a shadow on the sector.

“Retail and food services sales were up 0.3% for May compared to April and ahead of last year by 1.6%, showing that while many economic indicators suggest a slowdown in spending, consumers keep purchasing,” a Forbes article said. “Consumers spent nearly 4% more than last year (seasonally adjusted) for total retail and food sales minus gasoline and automobiles.”

It’s a good sign for the overall economy that consumers are willing to spend despite central banks still contending with high inflation. A recent pause in rate hikes by the U.S. Federal Reserve could be just what the retail sector needed heading into the summer months.

“Early summer travel, an additional holiday, no interest rate hike by the Fed in June, and lower gas prices than last year all lead to optimism for consumer spending in June,” the article added. “As travel restrictions lightened up with the official end of the COVID pandemic, people are planning to spend more time with family and friends and more money on travel and get-togethers.”

The S&P Retail Select Industry Index has been lagging the overall S&P 500 index, but is managing to eke out a 3% gain for the year. The retail index leapfrogged the broader index to start the year. While it trended lower after February, it saw an uptick in June.

^SPX data by YCharts
^SPX data by YCharts

Amp Up Retail Leverage Exposure

Traders brimming with optimism for the retail sector can amp up their exposure to the sector with the Direxion Daily Retail Bull 3X ETF (RETL B+). The fund does exactly that—offer thrice the exposure to the S&P Retail Select Industry Index.

With this added leverage, RETL offers traders the ability to:

  • magnify short-term perspective with daily 3X leverage.
  • maximize the potential for gains if their intuition proves correct.
  • trade with the extra leverage without having to utilize a margin account.

For more news, information, and analysis, visit the Leveraged & Inverse Channel.


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X