In recent days Amazon stock has dropped greatly and YTD the stock is down nearly 25%. Currently 236 ETFs hold Amazon. The funds with the largest exposure to Amazon are.
VCR Vanguard Consumer Discretionary ETF 22.28%
XLY Consumer Discretionary Select Sector SPDR Fund 21.98%
ONLN ProShares Online Retail ETF 21.77%
FDIS Fidelity MSCI Consumer Discretionary Index ETF 21.17%
RTH VanEck Retail ETF 19.97%
ETF Newz Says:
The guidance on Amazon was not great and the moat they had with AWS, is starting to shrink with the growth of Google and Microsoft cloud services.
