5 Best Retail ETFs To Buy

3. SPDR S&P Retail ETF (NYSE:XRT)

5-Year Share Price Performance as of April 1: 72.47%

SPDR S&P Retail ETF (NYSE:XRT) aims to mirror the total return performance of the S&P Retail Select Industry Index before fees and expenses. It offers exposure to the retail sector of the S&P Total Market Index, including sub-industries like Apparel Retail, Automotive Retail, Computer & Electronic Retail, and more. The ETF tracks a modified equal weighted index, providing diversified industry exposure across large, mid, and small-cap stocks. As of April 1, 2024, the ETF holds $513.86 million in assets under management, along with a gross expense ratio of 0.35%. SPDR S&P Retail ETF (NYSE:XRT) was launched on June 19, 2006. It is one of the best retail ETFs to buy. 

The Gap, Inc. (NYSE:GPS), an apparel retail company, is the largest holding of SPDR S&P Retail ETF (NYSE:XRT). On March 7, the company reported financial results for its fiscal year ended February 3, 2024. The Gap, Inc. (NYSE:GPS) had a non-GAAP EPS of $1.43 and a revenue of $14.89 billion, exceeding Wall Street estimates by $0.25 and $70 million, respectively. 

According to Insider Monkey’s fourth quarter database, 30 hedge funds were bullish on The Gap, Inc. (NYSE:GPS), compared to 23 funds in the last quarter. Richard S. Pzena’s Pzena Investment Management is the largest stakeholder of the company, with 5.57 million shares worth $116.6 million.