Online commerce keeps expanding

Article Excerpt

Online commerce grew steadily for a decade before the onset of COVID-19. It then took off in a major way. Still, as consumers returned to physical stores and workers returned to the office, that rapid growth slowed. Regardless, the long-term trend remains firmly positive, and online transactions should continue to rise for years to come. Here are two ETFs that include companies with a strong online presence. In the Supplement on page 29, we also consider the growth drivers behind commerce. AMPLIFY ONLINE RETAIL ETF $70.73 (New York symbol IBUY; TSINetwork ETF Rating: Aggressive; Market cap: $191.8 million) tracks the EQM Online Retail Index. That index includes the shares of publicly traded companies with significant revenue from online retail business. Stocks are equal weighted on the rebalancing dates. The U.S. has the largest stock allocation (77.0%), followed by China (3%), Japan (3%), Germany (2%), Israel (2%), and Canada (2%). The segment distribution includes Online Retail (39%), Online Marketplace (37%), Online Travel (13%), and…