Investing Port

This ETF offers exposure to the consumer discretionary sector of the domestic economy, making it one option available to investors implementing sector rotation strategies or looking to tilt exposure towards a high beta industry, perhaps in anticipation of a bull market. Like many Rydex products, RCD is linked to an equal-weighted index, meaning that component companies receive approximately equal allocations. That results in exposure that is considerably more balanced than other alternatives such as XLY, and a methodology that some investors believe will add value over the long haul. In return for this exposure you can expect higher fees; this ETF is considerably more expensive than both XLY and FCL, though it is still extremely cost efficient compared to most mutual funds.