What ETF Holds Louis Vuitton?

Do you have an interest in fashion and investing? Have you ever wondered what ETF holds Louis Vuitton? Look no further, as we dive into the world of exchange-traded funds and the luxury brand.

Firstly, it’s important to understand what an ETF is. An ETF, or exchange-traded fund, is a type of investment fund that holds a collection of stocks or other assets.

These assets are traded on an exchange like individual stocks. An ETF aims to track the performance of its underlying index or assets.

Now let’s discuss Louis Vuitton. Louis Vuitton is a French fashion house founded in 1854 by Louis Vuitton.

It is known for its luxury goods such as leather bags, shoes, and accessories. The brand has expanded globally and has become a symbol of high-end fashion.

So which ETF holds Louis Vuitton? The answer is the iShares Global Consumer Discretionary ETF (RXI).

This ETF focuses on consumer discretionary companies from around the world and includes holdings such as Nike, McDonald’s, and yes, Louis Vuitton. As of August 2021, Louis Vuitton makes up approximately 2% of RXI’s total holdings.

Investing in RXI can provide exposure to not only Louis Vuitton but also other well-known consumer discretionary companies. It’s important to note that investing in an ETF like RXI comes with risks and should be thoroughly researched before making any investment decisions.

In conclusion, the iShares Global Consumer Discretionary ETF (RXI) holds Louis Vuitton along with other consumer discretionary companies from around the world. Investing in RXI can provide exposure to these companies but comes with risks that should be carefully considered before making any investment decisions.