Should you invest in cyclical funds this summer?

If you're interested in cyclical plays this summer, consider these diversified consumer exchange-traded funds. This consumer cyclical ETF from State Street Global Advisors is the largest discretionary-focused fund on Wall Street with more than $20 billion in assets under management.

What is a Consumer Cyclical portfolio?

Consumer cyclical portfolios seek capital appreciation by investing in equity securities of U.S. or non-U.S. companies in the consumer cyclical sector. Read the Best ETFs methodology » The investment seeks to track the performance of the MSCI US Investable Market Index/Consumer Discretionary 25/50. The fund employs an indexing inves...

Are cyclical stocks a good investment for 2021?

According to the survey, the forecast for 2021 U.S. GDP growth has increased to 6.8% from 6.6%, marking a sharp increase from the previous forecast of 3.7%. Goldman Sachs also noted that the stocks in the cyclical sectors are attractively valued compared to technology stocks, whose valuations have risen to lofty levels.