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What's the difference between retail - convenience stores and IVV-S&P 500?

Digging a little deeper, the Retail - Convenience Stores has a 1.85% YTD return vs the IVV-S&P 500 14.89% YTD return on a year-to-date basis. Studies have shown that roughly half of a stock's price movement can be attributed to a stock's industry group.

What is the retail - convenience stores industry?

The Retail - Convenience Stores Industry, part of the Retail and Wholesale Sector, is currently ranked in the top 1% of industries. Specifically, it is ranked number 1 of 251 industries. Because it is ranked in the top half of Zacks Ranked Industries, we expect it to outperform the market over the next 3 to 6 months.

Why is the convenience store industry growing so fast?

Revenue and EBITDA Growth (Author, based on data from S&P Capital IQ) In my view, part of the reason for this excellent growth over the last few decades have been directly as a result of the company's acquisition strategy. The convenience store industry is a highly fragmented market.

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