EMTY is designed to deliver the daily inverse performance of the Solactive-ProShares Bricks and Mortar Retail Store Index.
and the industry realizing many more spots need to be shuttered, these are good times for EMTY as highlighted by the fund's month-to-date gain of 6.21%.
EMTY is also worth a go right here, right now because a slew of department stores, including some featured in the fund's index, are about to report earnings and the guidance is expected to be poor.
EMTY allocates 6.22% of its weight to department stores.
The good news is EMTY was designed specifically to help investors take advantage of that trend.