Playing Defense Isn’t Cheap

The SPDR S&P 500 (NYSEArca: SPY) has advanced 57.3% over the past three years, but bets on select defensive sector ETFs have paid off even more handsomely. For example, the Consumer Staples Select Sector SPDR (NYSEArca: XLP) has outperformed SPY by 200 basis over the past 36 months. The Health...