5 Top Consumer-Discretionary ETFs

Consumers buy a lot of things, but it's the things they don't absolutely have to buy that go toward supporting the consumer-discretionary sector of the stock market. Some of the consumer goods that fall into the discretionary category, such as automobiles and appliances, might not sound all that discretionary to most Americans, but the companies that make them often see dramatic changes in demand that follow the ups and downs of the business cycle.

Many of these stocks have produced good returns for investors, and exchange-traded funds that invest in consumer-discretionary companies offer diversification and exposure to the sector. The following five consumer-discretionary ETFs are among the most popular, but they also take a variety of approaches toward investing in the sector.

Consumer Discretionary ETF

Source: Fool.com