VCR

The Vanguard Consumer Discretionary ETF, traded under the ticker VCR, is a fund that pools investor money to buy shares across dozens of US companies that sell non-essential goods and services, things people spend on when they feel financially comfortable, such as cars, clothing, restaurants, and online retail. Vanguard runs it as a low-cost index tracker, meaning it automatically mirrors the performance of the consumer discretionary sector rather than relying on active stock-picking. Amazon and Tesla together make up a large share of the fund, so their fortunes heavily influence VCR's price. Investors buy VCR to gain broad exposure to consumer spending trends in a single trade.