Equity Investors Go Defensive with Consumer Staples ETF
August 16, 2018 at 16:37 PM EDT
Companies that sell basic goods and broad consumer staples sector ETFs are pushing higher as investors hedge their equity bets with a more defensive play. The Consumer Staples Select SPDR (NYSEArca: XLP), the largest ETF tracking the sector, increased 10.0% over the past three months while the...