1. VanEck Retail ETF (NYSE:RTH)
5-Year Share Price Performance as of April 1: 98.00%
VanEck Retail ETF (NYSE:RTH) is one of the best retail ETFs to buy. VanEck Retail ETF (NYSE:RTH) aims to closely match the price and yield performance of the MVIS US Listed Retail 25 Index before fees and expenses. This index tracks the overall performance of companies engaged in different aspects of retail, including distribution, online retail, direct mail, TV retailing, specialty retail, and food and staples retail. As of April 1, 2024, VanEck Retail ETF (NYSE:RTH) holds $213.85 million in total assets, with an expense ratio of 0.35%. The fund was established on December 20, 2011.
Costco Wholesale Corporation (NASDAQ:COST) is one of the largest holdings of VanEck Retail ETF (NYSE:RTH). On March 7, Costco Wholesale Corporation (NASDAQ:COST) reported a Q2 non-GAAP EPS of $3.71, beating market estimates by $0.07 and a revenue of $58.44 billion, missing Wall Street consensus by $690 million.
According to Insider Monkey’s fourth quarter database, 57 hedge funds were long Costco Wholesale Corporation (NASDAQ:COST), compared to 65 funds in the last quarter.
Madison Sustainable Equity Fund stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its fourth quarter 2023 investor letter:
“Costco Wholesale Corporation (NASDAQ:COST) reported solid holiday results and announced a special dividend of $15 per share. Earnings were better than expected driven by better gross margin. Same store sales were 3.9% with solid traffic. Costco also noted better discretionary trends and solid seasonal sales.”
Follow Costco Wholesale Corp W (NASDAQ:COST)
Follow Costco Wholesale Corp W (NASDAQ:COST)
Should you invest $1,000 in Costco right now?
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