3 ETFs For Amazon Earnings

With e-commerce giant Amazon.com

reporting earnings Thursday after the close of U.S. markets, investors that do not have the capital to dance with a stock that trades above $270 per share (as of late Thursday) may be looking for ETF alternatives. A

with Apple

and other triple-digit stocks, but unlike rival Apple, Amazon does not dominate nearly as many ETFs. The credible options for investors looking for Amazon exposure via ETFs are small in number and include some thinly traded options. Consider the following funds.

Of the trio to be highlighted here, the First Trust Dow Jones Internet Index Fund is the most heavily traded with average daily volume of just under 166,000 shares. FDN is also the largest of this trio with over $901 million in assets under management. Amazon is the ETF's second-largest holding behind Google

with a weight of 7.65 percent as of April 24. FDN could be even more useful than investors expect assuming Amazon surges and eBay

goes along for the ride. That stock is 6.5 percent of FDN's weight.

Today is a good day to start paying attention to the unheralded PowerShares NASDAQ Internet Portfolio and not just because of Amazon, although the stock is the ETF's second-largest holding with a weight of 7.94 percent. Baidu

, China's Google, reports overnight as well and that stock is another top-10 holding in this ETF. Priceline

, Google, eBay and Facebook

combine for nearly 31 percent of PNQI's weight.

By assets under management, the $23.7 million Market Vectors Retail ETF is the smallest fund mentioned here, but RTH makes up for it with an 8.5 percent weight to Amazon. That means Amazon is the ETF's third-largest holding behind Dow components Wal-Mart

and Home Depot

. Average daily turnover stands at over 105,700 shares, but that has declining in recent weeks. Those looking for a more heavily traded ETF with more of a retail that has Amazon exposure can consider the Consumer Discretionary Select Sector SPDR

. XLY has a 5.9 allocation to Amazon and is up seven percent in the past 90 days. On the other hand, RTH is up nearly nine percent. For more on ETFs, click

.