If you’re looking for a way to invest in the luxury goods market, you may be wondering which exchange-traded fund (ETF) holds Hermes. As one of the most well-known luxury brands in the world, Hermes has a reputation for quality and exclusivity. In this article, we’ll explore some of the ETFs that include Hermes in their holdings.
What is an ETF?
Before we dive into the specifics of which ETFs hold Hermes, it’s worth taking a moment to define what an ETF is. An ETF is a type of investment fund that trades on stock exchanges like individual stocks.
Unlike mutual funds, which are priced only once per day after the markets close, ETFs can be bought and sold throughout the trading day. ETFs can hold a variety of assets, such as stocks, bonds, and commodities.
Which ETFs Hold Hermes?
One of the easiest ways to invest in Hermes is through an ETF that includes the company in its holdings. Here are some options:
iShares Global Consumer Discretionary ETF (RXI)
The iShares Global Consumer Discretionary ETF (RXI) is one option for investors looking to gain exposure to Hermes. This ETF seeks to track the investment results of an index composed of global equities in the consumer discretionary sector. As of August 2021, RXI held approximately 1% of its portfolio in Hermes International.
Xtrackers MSCI World Consumer Discretionary UCITS ETF (XDWG)
Another option is the Xtrackers MSCI World Consumer Discretionary UCITS ETF (XDWG). This fund tracks the performance of companies within developed markets that operate in consumer discretionary sectors such as automobiles and apparel. As of August 2021, XDWG held approximately 0.7% of its portfolio in Hermes.
SPDR S&P Global Luxury ETF (LUXE)
The SPDR S&P Global Luxury ETF (LUXE) is another option for investors looking to gain exposure to luxury brands like Hermes. This ETF tracks the S&P Global Luxury Index, which includes companies that are involved in the production and distribution of luxury goods and services. As of August 2021, LUXE held approximately 3.2% of its portfolio in Hermes.
The Bottom Line
Investing in Hermes through an ETF can be a convenient way to gain exposure to the luxury goods market. While there are a few ETFs that hold Hermes in their portfolios, it’s important to remember that investing always carries risks, and you should carefully consider your individual investment goals and risk tolerance before making any investment decisions.
- RXI holds approximately 1% of its portfolio in Hermes International.
- XDWG held approximately 0.
- LUXE held approximately 3.
If you’re interested in investing in Hermes or other luxury brands, consider speaking with a financial advisor who can help you evaluate your options and make informed investment decisions.