TD Ameritrade | July 11, 2019
In an interview with TD Ameritrade on the current retail environment, Simeon Hyman says though only 10% of US retail sales are occurring online, online sales are growing at 5 times the rate of the overall US retail market. He says there’s still plenty of room for growth in the retail space, arguing the e-commerce space “will likely get to somewhere at least between 25 and 30 percent of the retail universe.” He features ProShares CLIX, which combines a 100% long position in retailers that principally sell online with a 50% short position in brick-and-mortar retailers, and ProShares ONLN, which tracks retailers that principally sell online. See ONLN and CLIX holdings. (Source: U.S. Department of Commerce)
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