XLP — State Street Consumer Staples Select Sector SPDR ETF

XLP Price Performance — Growth of $10,000

Value of a $10,000 investment in XLP over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

XLP Drawdown

The "underwater" chart: XLP's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The State Street Consumer Staples Select Sector SPDR ETF (XLP) is a consumer staples fund managed by State Street Investment Management with $13.4 billion in assets. It holds a C grade, ranking first among five funds in its category and 175th of 458 tracked ETFs overall. The fund charges an expense ratio of 0.08%, which is slightly below the category median of 0.09%. With a dividend yield of 2.69%, it offers income that exceeds the category median of 2.43%. The top ten holdings represent 62.4% of assets, with Walmart Inc serving as the largest single position at 10.8%.

Over the past year, XLP returned 8.37%, outperforming the category median of 7.23%. This longer-term gain contrasts with recent weakness, as the fund dropped 2.12% over the last month and fell 0.12% in the single day. Year-to-date performance stands at 7.19%, while the three-month return of -1.16% indicates a recent slowdown. The price of $81.70 sits at 43.7% of its 52-week range, reflecting a position closer to the lower end of recent trading levels. The ETFValuer grade has remained unchanged at C for the last 35 tracked days, based on three years of price history.

XLP exhibits a low volatility profile with an annualized standard deviation of 14.48%. Its beta of 0.48 suggests the fund moves less than half as much as the broader market. A Sharpe ratio of 0.23 indicates modest risk-adjusted returns relative to the risk taken. The maximum drawdown of -9.69% highlights the largest peak-to-trough decline recorded in the available history. High liquidity is evidenced by an average daily volume of 10,276,195 shares, facilitating easy entry and exit.

AI-generated summary based on the data on this page.

XLP Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 62.4% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XLP's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XLP

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XLP's top 10 — VDC overlaps most, holding 10 of the same companies as XLP's top 10 (62.4% of XLP's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 5.27% (as of 2026-10-06) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.01 (as of 2026-10-06) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XLP Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 10.3M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $13.4B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XLP is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

XLP Performance History

How XLP Compares to Other Consumer Staples ETFs