Trackinsight: US Consumer Discretionary ETF Market Sees 2.10% Performance Boost Driven by Major Players

The US Consumer Discretionary ETF market experienced a surge in performance last Friday.

The US Consumer Discretionary ETF market experienced a surge in performance last Friday , with a 2.10% increase on May 26, 2023. Worth a staggering 575 Mn EUR and consisting of four ETFs, the market saw a number of major players driving growth, including FORD MOTOR ORD, TESLA ORD, AMAZON.COM INC ORD, and LOWE'S COS INC ORD.

Reflecting the overall market movement were several of the market's ETFs, including the Xtrackers MSCI USA Consumer Discretionary UCITS ETF (XUCD), the SPDR S&P U.S. Consumer Discretionary Select Sector UCITS ETF (SXLY), and the iShares S&P 500 Consumer Discretionary Sector UCITS ETF (IUCD), which saw daily returns of 2.29%, 2.25%, and 2.39%, respectively. These findings indicate a promising outlook for the US Consumer Discretionary ETF market, with strong potential for further market growth.

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