Streetbeat News

XLP

Consumer Staples Select Sector SPDR Fund

https://www.ssga.com/us/en/intermediary/etfs/funds/the-consumer-staples-select-sector-spdr-fund-xlp

Industry

Asset Management

In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.

Open

79.15

Mkt cap

17B

Volume

9.9M

High

79.58

P/E Ratio

21.99

52-wk high

84.53

Low

78.88

Div yield

0.03

52-wk low

72.93

The article discusses the potential of consumer staples stocks in a slowing economy but expresses a lack of interest in the XLP ETF due to its significant exposure to retail stocks. The author prefers buying individual consumer staples stocks instead.

Portfolio Pulse from

March 10, 2025 | 7:45 pm

The Consumer Staples Select Sector SPDR ETF (XLP), launched on December 16, 1998, offers broad exposure to the Consumer Staples sector. It is a passively managed ETF.

Portfolio Pulse from

March 04, 2025 | 12:30 pm

Wall Street is experiencing volatility due to concerns over a slowing economy and persistent inflation, leading investors to consider defensive sector ETFs.

Portfolio Pulse from

February 27, 2025 | 7:15 pm

The Consumer Staples sector, represented by the XLP ETF, underperformed in 2024 with a 12% gain compared to the S&P 500's 23%. Key holdings like Walmart, Costco, and P&G significantly influence XLP, which trades at a 20.7x P/E ratio. Despite high valuations, these companies offer stable dividends.

Portfolio Pulse from

January 06, 2025 | 4:00 am

The Consumer Staples Select Sector SPDR ETF (XLP) offers broad exposure to the Consumer Staples sector and is a passively managed ETF launched on December 16, 1998.

Portfolio Pulse from

December 30, 2024 | 12:30 pm

Stocks rose on Friday, driven by strong earnings reports. Netflix hit record highs with a 10% surge, while gold miners rallied as gold prices reached new records. Oil prices fell below $70, and major indices like the Nasdaq 100 and S&P 500 saw gains. ETFs such as SPY, DIA, and QQQ also rose.

Portfolio Pulse from Piero Cingari

October 18, 2024 | 5:49 pm

The semiconductor sector led a market rally, with Nvidia reaching record highs and TSMC's strong earnings boosting tech sentiment. The iShares Semiconductor ETF rose 2.3%. Gold hit new highs despite rising Treasury yields. The U.S. dollar strengthened, and major indices saw mixed performances.

Portfolio Pulse from Piero Cingari

October 17, 2024 | 5:28 pm

Alice Walton, Walmart heiress, has regained her title as the world's richest woman with a net worth of $89.1 billion. Walmart Inc. (NYSE:WMT) saw a slight stock decline, impacting related ETFs.

Portfolio Pulse from Michael Juliano

September 19, 2024 | 8:06 pm

Walmart Inc. plans to introduce a pay-by-bank feature in 2025, allowing direct payments from checking accounts via Fiserv's NOW Network. This move aims to enhance transaction speed and convenience. Walmart is also preparing for the holiday season with initiatives like an inflation-free Thanksgiving meal and expanded delivery services.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2024 | 6:33 pm

As the Federal Reserve shifts to a more accommodative monetary policy, analysts recommend ETFs in utilities, real estate, consumer staples, and more. BofA suggests focusing on defensive sectors and quality yield opportunities, with specific ETF recommendations across various asset classes.

Portfolio Pulse from Piero Cingari

September 17, 2024 | 3:29 pm

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