More ways to boost your post-COVID returns

Article Excerpt

While some businesses—and especially “work-from-home” stocks like Zoom—have thrived during the pandemic, others continue to suffer. This includes airlines, hotels, movie theatres, automakers, oil and gas producers and many brick-and-mortar retailers. Here’s a look at several ETFs that generally hold stocks that have underperformed in the past year, mostly due to COVID-19. These companies will do better as conditions return to normal—although this may take longer for some. The supplement on page 9 provides more information on the prospects for recovery from COVID-19 in 2021. INVESCO S&P 500 EQUAL WEIGHT CONSUMER DISCRETIONARY ETF $118.71 (New York symbol RCD; TSINetwork ETF Rating: Conservative; Market cap: $281.5 million) tracks the S&P 500 Consumer Discretionary Index. The index is comprised of companies that sell non-essential products or services to consumers. The fund exposes investors to several industry segments including non-food retailers, hotels, travel, automobiles, cruise lines, luxury goods, and restaurants. The ETF holds 61 companies, with equal weighting applied to each stock. The companies held in the portfolio include Carnival Corp., Tiffany,…