Overview of Consumer Staples Select Sector SPDR Fund (XLP) Portfolio Composition
Denver, CO
|
August 02, 2024 05:00 AM Eastern Daylight Time
The Consumer Staples Select Sector SPDR Fund (XLP) continues to emphasize its investment focus within the consumer staples sector. Made up of stocks within the S&P 500, XLP offers investors exposure to companies involved in the provision of essential goods and services.
The fund is structured around industries that traditionally show resilience, by focusing on everyday essentials.
Highlighted Holdings* in XLP's Portfolio:
Procter & Gamble (14.72%): A well-known multinational corporation with a diverse product line in personal health/consumer health, and personal care/hygiene.
Costco Wholesale (14.25%): A global chain known for its membership warehouses, offering a broad selection of merchandise.
Walmart (10.94%): The largest retailer globally, offering a wide range of products at discounted prices.
Coca-Cola (9.33%): Recognized as the largest beverage company globally, Coca-Cola operates in more than 200 countries.
PepsiCo (4.52%): Offers a variety of beverages and snack foods recognized worldwide.
Philip Morris Int’l (4.45%): Engaged in the manufacture and sale of cigarettes and other nicotine-containing products.
Mondelez (3.83%): Specializes in chocolate, biscuits, gum, candy, coffee, and powdered beverages.
Colgate-Palmolive (3.47%): Focuses on oral care, personal care, home care, and pet nutrition products.
Altria (3.41%): Known for producing tobacco, cigarettes, and related products.
Target (2.99%): A retailer that provides a diverse assortment of goods.
Investment Focus on Essential Goods and Services:
The composition of XLP's portfolio underscores its commitment to industries anticipated to maintain steady demand irrespective of economic conditions. This approach is reflective of a strategy aiming to provide investors with exposure to segments of the market where consumer demand persists.
With assets totaling over $15 billion, XLP represents a notable presence in the ETF landscape since its inception in 1998. It offers an expense ratio of 0.09%**, positioning itself as a fund that focuses on large-cap companies within the consumer staples sector.
About Consumer Staples Select Sector SPDR Fund (XLP):
XLP is part of the Select Sector SPDR suite, which targets specific sectors of the S&P 500. By concentrating on companies that produce and distribute essential goods and services, XLP aims to offer a reflection of the consumer staples sector.
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 6/30/24 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.
SEL007683 EXP 9/30/24
Contact Details
Dan Dolan
+1 203-935-8103
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