Following FedEx’s strong earnings announcement, Nasdaq and Zacks named the Emles @Home ETF (LIV) an ETF "to watch," due to its allocation to FedEx.
"Transport bellwether FedEx delivered stellar fourth-quarter fiscal 2021 results. The courier company beat on both earnings and revenues," wrote Nasdaq contributor, Zacks. "Revenue growth represents the fastest rate since at least 2010, based on Bloomberg data spanning back more than a decade. Robust performances were driven by persistent strength in e-commerce and a pick-up in business and international shipping."
The Emles @Home ETF (LIV) provides investors with convenient access to high-quality companies that we believe stand to benefit from the long-term shift to a more home-based lifestyle. LIV takes a broad view of the home-focused lifestyle, investing in companies across technology, entertainment, wellness and learning. It is managed by an experienced team with a track record of innovation.
As we increasingly work, shop, learn, and seek entertainment at home, investors now have an investment option that enables them to focus on the companies delivering these at-home services, such as FedEx, and creating the digital infrastructure that makes it all possible.
Full performance and holdings information for the Emles @Home ETF can be found here.