Should you invest in an ETF like xLy?

Investing in an ETF like XLY offers a safety net, allowing investors to benefit from the general uptrend of consumer stocks without the idiosyncratic risks that come with concentrating in single names. XLY, a highly liquid ETF, holds a diversified portfolio of consumer discretionary stocks from the S&P 500.

Are Vanguard ETF shares redeemable?

Vanguard ETFs as a share class: Vanguard ETFs® (exchange-traded funds) are a class of shares listed for trading on an exchange. The shares are available only through a broker, including Vanguard Brokerage Services®. Vanguard ETF® Shares are not redeemable with the issuing fund other than in very large aggregations worth millions of dollars.

What is Tema luxury ETF?

Launched in May 2023, this actively managed thematic ETF focuses on global stocks involved in luxury goods and services, ranging from automobiles, fashion, hospitality, jewelry and beauty. According to Tema, this provides strong operating margins and high returns on capital.