iShares S&P 500 Consumer Discretionary Sector

ETF description

This ETF focuses on companies in the consumer discretionary sector of the S&P 500 index. The consumer discretionary sector includes businesses that provide goods and services that are not essential but are purchased by consumers based on their income and personal preferences. This includes industries like retail, entertainment, automobiles, and leisure products. Companies in this sector often experience growth during strong economic times when consumers have more disposable income, but they can also be more sensitive to economic downturns.

This ETF may appeal to investors who are looking to focus on the consumer discretionary sector, potentially benefiting from economic growth and increased consumer spending.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The S&P 500 Consumer Discretionary Sector index provides a detailed view of the performance of companies within the consumer discretionary sector of the S&P 500 index. It reflects trends and market conditions affecting industries that offer non‑essential goods and services, giving investors targeted insights into consumer spending and sector‑specific opportunities.