Amazon Posts Solid Q4 But Indicates Chance Of Underperformance In Q1 – ETFs To Watch

Amazon (AMZN) has just reported their revenue for Q4 of 2022 and the numbers show a 9% increase from the previous year to $149.2 billion, beating Wall Street’s expectations. The tech giant has indicated that their current quarter could perform worse than analyst expectations with Amazon estimating revenue of between $121 billion and $126 with analysts estimating $125.1 billion. In after-hour trading on Thursday, shares of Amazon fell 4%.

The five ETFs with the most exposure to Amazon (AMZN) are:

XLY — Consumer Discretionary Select Sector SPDR Fund (24.83%)

ONLN — ProShares Online Retail ETF (24.23%)

RTH — VanEck Retail ETF (22.75%)

FDIS — Fidelity MSCI Consumer Discretionary Index ETF (21.23%)

VCR — Vanguard Consumer Discretionary ETF (19.88%)

 

ETF Newz Says:

The five ETFs with the highest exposure to Amazon (AMZN) are:

XLY — Consumer Discretionary Select Sector SPDR Fund (24.83%)

ONLN — ProShares Online Retail ETF (24.23%)

RTH — VanEck Retail ETF (22.75%)

FDIS — Fidelity MSCI Consumer Discretionary Index ETF (21.23%)

VCR — Vanguard Consumer Discretionary ETF (19.88%)

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE
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