Pet stocks are growing by over 30 percent

Frankfurt The trend towards pets has just increased since the outbreak of the corona pandemic in spring 2020. Since then, more than every fourth homeowner in Germany has acquired a new animal. This is the result of a current survey by the market and opinion research institute Forsa, which the insurer Gothaer commissioned.

Pets are now also interesting from an investor’s point of view. There are stocks like Zooplus whose business model is exclusively dedicated to this area. The online retailer for household needs was recently taken over by a majority of two financial investors after a bidding war. They now want to take the shares off the stock exchange.

For reasons of risk diversification, themed funds such as the actively managed Allianz Pet and Animal Wellbeing (ISIN: LU1931535857) or the passive product ProShares Pet Care ETF (US74348A1455) are at least as exciting as individual stocks. Both investment vehicles were able to convince with their performance of around 30 percent each in the past twelve months.