ETFs to Access the Growing Trend in Global E-Commerce June 14, 2021
The growing presence of e-commerce will continue to accelerate in the global markets, and investors can turn to targeted exchange traded funds to access this growth opportunity.
In the recent webcast,
The Whale of Retail: Investing in E-Commerce, Christian Magoon, Founder and CEO, Amplify ETFs; and Jane Edmondson, Founder & CEO, EQM Indexes, pointed out that the coronavirus pandemic has transformed the way we interact with the world, and has fueled a shift toward online shopping and e-commerce. Online retail is the fastest growing segment of retail sales, growing globally at a double-digit pace. It is a disruptive force here to stay as consumers have embraced value-added features in online retail such as competitive pricing, greater product selection, 24/7 shopping convenience, and rapid delivery options.
The case for IBUY is twofold. First, it’s getting a big assist from the coronavirus pandemic. Second, online retail was booming longer before COVID-19 arrived.
Some market observers believe changes in consumers’ behavior, which were apparent before the virus, are merely being hastened by the COVID-19 pandemic and that online is where it’s at for retailers – a theme that’s expected to be sticky for years to come.
Interest in IBUY
With the holiday shopping season essentially here, IBUY has another catalyst. Some holiday shoppers may just be late in getting to it. Given how spending is highest in November and December, with estimates at three-quarters of a trillion dollars, the prevalence of online shopping means a lot of companies can profit.