Internet ETF Rides Consumer Trends (FDN)
NEW YORK (TheStreet) -- SPDR S&P Retail (NYSE: XRT) and First Trust Consumer Discretionary AlphaDEX (NYSE: FXD) have declined 10% since mid-June as investors shun the consumer market.
This has eroded gains earned from January to April, in turn dropping 2010 returns down to nearly 0%. Instead, investors should consider an ETF with more favorable consumer exposure, the First Trust Dow Jones Internet (NYSE: FDN), which is down only 4% over the same period.
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