Is iShares US Consumer Staples ETF a Better Buy Than Invesco Food & Beverage?
iShares U.S. Consumer Staples offers broader diversification with 53 holdings versus PBJ's 31, plus a lower 0.38% expense ratio and higher 2.6% dividend yield for income investors.
Overview
The iShares U.S. Consumer Staples ETF (NYSEMKT:IYK) offers broader sector exposure and a lower cost profile compared to the more specialized Invesco Food & Beverage ETF (NYSEMKT:PBJ).
Investors seeking stability often turn to consumer defensives to anchor a portfolio. While the Invesco Food & Beverage ETF targets a specific subset of industry producers using a dynamic index, the iShares U.S. Consumer Staples ETF provides a more traditional, diversified approach to the broader U.S. market.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.