Bringing you live news and features since 2006 

Amplify Online Retail ETF given 5-Star Overall Morningstar Rating

RELATED TOPICS​

Amplify ETFs flagship product, the Amplify Online Retail ETF (NASDAQ: IBUY), has received a 5-Star Overall Morningstar Rating, based on risk-adjusted returns among 49 Consumer Cyclical Funds.

Amplify ETFs announced that its flagship product, the Amplify Online Retail ETF (NASDAQ: IBUY), has received a 5-Star Overall Morningstar Rating.

IBUY provides exposure to a globally diverse basket of companies that fall into three online retail categories — marketplace, travel and merchants – all of which must generate 70 per cent of revenue from online or virtual sales.

“IBUY’s 5-Star Overall Morningstar Rating provides great validation of the fund’s performance and position in investor portfolios,” says Christian Magoon, founder and CEO of Amplify ETFs. “We’re pleased to see online retail businesses growing their market share, even as volatility and store closures continue to disrupt the sector.”

IBUY began trading on April 20, 2016 and seeks to replicate the price performance of the EQM Online Retail Index (IBUYXT).

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by