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QRTEA - Amplify Online Retail ETF: Long Time Coming
Qurate Retail Inc. Series A Common Stock
Amplify Online Retail ETF has delivered 116% year-over-year gains, mainly because of the push that the e-commerce sector received from the COVID-19 disruption.
Currently, e-commerce retail sales make up 14.3% of total retail sales, but the percentage is estimated to rise to 95% by 2040.
Though this ETF is not likely to witness the short-term phenomenal run that it did after the virus disruption, I am bullish on its prospects in the long run.