--News Direct--
The Consumer Staples Select Sector SPDR Fund (XLP) offers investors an opportunity to engage with the consumer staples sector, a critical component of the global economy. This sector includes companies that produce, market, and distribute essential goods and services that people use daily, regardless of their economic situation. The fund's strategic focus is on industries such as food and drug retailing, household items, beverages, tobacco, and personal products, ensuring steady demand through various economic cycles.
Portfolio Composition
XLP’s portfolio consists of all S&P 500 components in the Consumer Staples sector. The stocks are a collection of industry leaders known for their stable operations and consistent delivery of consumer necessities.
Key holdings* in the fund include Costco Wholesale, with a weight of 10.39%, representing the large-scale retailing of quality goods at competitive prices. Procter & Gamble follows closely with a 10.17% weight, a company renowned for its wide range of household and personal care products. Walmart, holding 9.68% of the portfolio, provides an extensive retail network and a variety of consumer goods, further solidifying the fund’s foundation. Coca-Cola and PepsiCo, with portfolio weights of 5.99% and 5.41% respectively, offer exposure to the world's most popular beverages, underscoring robust brand recognition and customer loyalty. Other notable companies include Philip Morris International, Colgate-Palmolive, Mondelez International, Altria, and Target, each contributing to a balanced investment approach that reflects the diverse nature of daily consumption.
Financial Overview
Since its inception in 1998, XLP has carved out a significant niche in the ETF market. The fund holds total net assets exceeding $16 billion, underscoring its prominence and investor trust in its strategic focus. With an expense ratio of 0.09%**, XLP offers an avenue for investors to gain exposure to large-cap companies within the consumer staples sector. This low expense ratio makes it a viable option for those seeking efficient access to this essential market segment.
About Consumer Staples Select Sector SPDR Fund (XLP)
XLP is part of the Select Sector SPDR suite, targeting companies that consistently meet consumers' daily needs. By focusing on essential goods and services, XLP reflects the consumer staples sector dynamic and its importance within the broader market. This approach emphasizes stability and resilience during economic fluctuations.
For additional information on the Consumer Staples Select Sector SPDR Fund (XLP), please visit www.sectorspdrs.com.
DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication.
About the Company:
Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals.
*Holdings, Weightings & Assets as of 11/30/24 subject to change
**Ordinary brokerage fees apply
DISCLOSURES
The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing.
One may not invest directly in an index.
Transparent ETFs provide daily disclosure of portfolio holdings and weightings
All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
Media Contact:
Company: Select Sector SPDRs
Contact: Dan Dolan*
Address: 1290 Broadway, Suite 1000, Denver, CO 80203
Country: United States
Email: dan.dolan@sectorspdrs.com
Website: https://www.sectorspdrs.com/
*Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust.
SEL008040 EXP 2/28/25
Contact Details
Dan Dolan
+1 203-935-8103
Company Website
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