State Street Consumer Discretionary Select Sector SPDR ETF
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Consumer services are notably undervalued by 15% versus 11-year averages and exhibit strong quality metrics, while retailing and auto/components are overvalued by 20%–23%. Despite recent underperformance, XLY has outperformed the S&P 500 long-term, with higher volatility and similar risk-adjusted returns. All capital-weighted ETFs in the sector have significant exposure to Amazon and Tesla, raising concentration risk.
A delayed jobs report tests whether the U.S. labor market is cooling fast enough to move markets - and the Fed's rate outlook.
Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the Consumer Discretionary Select Sector SPDR ETF (XLY), a passively managed exchange traded fund launched on December 16, 1998.
The economic narrative last week was dominated by a mix of cooling inflation and a softening labor market. The ADP employment report signaled a continued slowdown by showing a surprise drop in private sector jobs, while the Fed's preferred inflation gauge offered minor relief by unexpectedly inching lower.
Fresh inflation and sentiment data can benefit growth and consumer ETFs as traders gauge the likelihood of a December rate cut.
State Street Investment Management (SSIM) has been the investment advisor for the Select Sector SPDR ETFs since 1998. It will now take over the distribution and marketing for these funds.
XLK and other sector ETFs set to gain as expectations surge for a potential Federal Reserve rate cut in December.
Last week's economic landscape was defined by conflicting signals from key indicators, suggesting a growing divergence between investor behavior and underlying consumer health. Margin debt surged to a new high while consumer confidence simultaneously fell to near-historic lows.
BOSTON--(BUSINESS WIRE)--State Street Investment Management today announced share splits on five Select Sector SPDR ETFs. The splits will decrease the funds' share prices and increase the number of outstanding shares. The aggregate market value of shares outstanding will not be impacted. The share splits will apply to shareholders of record as of the market close on December 2, 2025 and are payable after market close on December 4, 2025. Shares will trade at their post-split price effective Dec.
Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY - Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $225.88 and traded as high as $226.23. Consumer Discretionary Select Sector SPDR Fund shares last traded at $224.51, with a volume of 7,956,053 shares changing
Cautious consumers, strong goods demand! ETFs to watch this holiday season: likely winners XLY, ONLN, BPAY, CHAT, likely laggards EATZ, AWAY.
Last week's economic data sent mixed signals. Consumer sentiment plummeted to a near-record low on economic anxiety, and the manufacturing sector continued its long contraction.
The Consumer Discretionary Select Sector SPDR Fund ETF (XLY) earns a Hold rating due to high concentration in Amazon and Tesla, limiting diversification. XLY's top two holdings, AMZN and TSLA, account for ~46% of the portfolio, amplifying idiosyncratic risk and reducing thematic purity. Valuation concerns, macro headwinds, and skepticism on TSLA's growth prospects further cap XLY's risk-adjusted return potential.
Matt Camuso, Head of ETF Solutions at BNY Investments, says there are $13 trillion of assets in ETFs. That's compared to $5 trillion a year prior.
Fed rate cuts, trade truce & holiday cheer should boost markets! Some ETFs to buy now include SPHB, XLY, XSW, ITA & IWM.
Last week's economic narrative centered around the Federal Reserve's latest rate cut, a decision complicated by the government shutdown and lack of economic data. Other reports from the week showed a third straight drop in consumer confidence and a continued slowdown in U.S. home prices.
While the ongoing government shutdown continues to delay the release of many reports, a key piece of economic data managed to break through last week.
While the ongoing government shutdown continues to delay the release of many reports, a key piece of economic data managed to break through last week.
If you're interested in broad exposure to the Consumer Discretionary - Broad segment of the equity market, look no further than the Consumer Discretionary Select Sector SPDR ETF (XLY), a passively managed exchange traded fund launched on December 16, 1998.
The U.S. government shut down on Oct. 1, 2025, as last-minute talks failed. ETFs like TLT, XLV and PSCC hog attention.