State Street Consumer Staples Select Sector SPDR ETF (XLP)
State Street Consumer Staples Select Sector SPDR ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $82.80, down 0.83% on the session, giving a market capitalisation of $13.32B. Its beta of 0.48 implies it has historically moved less than the broad market.
The State Street Consumer Staples Select Sector SPDR ETF (XLP) aims to replicate the overall return, including price movement and dividend income, of the Consumer Staples Select Sector Index, prior to accounting for expenses. This benchmark effectively reflects the performance of companies within the consumer staples sector of the S&P 500. The ETF offers focused investment in U.S.-based firms involved in essential goods industries, specifically those in consumer staples distribution and retail, household items, food, beverages, tobacco, and personal hygiene products. This structure enables investors to establish precise strategic or short-term tactical allocations, providing a more granular focus than broader, style-based investment vehicles.
State Street Consumer Staples Select Sector SPDR ETF is most often compared with the following Financial Services names: