XLP — State Street Consumer Staples Select Sector SPDR ETF

Overview

The State Street Consumer Staples Select Sector SPDR ETF (XLP) is a Consumer Staples fund managed by State Street Investment Management. With $13.6 billion in assets under management and a share price of $84.39, the fund represents a significant position within its sector. It holds an overall rank of #94 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 54.8 out of 100. The fund charges an expense ratio of 0.08% and offers a dividend yield of 2.04%. There are currently 2 ETFs tracked by ETFValuer in the Consumer Staples category. The combination of high assets and a mid-tier rank suggests substantial investor adoption despite the moderate overall rating.

Over the last day, the fund declined by 0.55%, while the one-week return showed a recovery to +1.59%. Monthly performance accelerated to +1.84%, and the three-month return extended further to +4.57%. The six-month return reached +10.48%, contributing to a year-to-date gain of +9.99%. The one-year return stands at +5.63%, which is slightly lower than the one-year return of peer VDC at +5.35%. Over the longer three-year horizon, the fund has generated a cumulative return of +23.67%. This pattern indicates a general upward trajectory over the medium to long term, despite recent short-term volatility.

The fund carries a Low volatility label and a beta of 0.53, indicating that its price movements are less sensitive to broader market fluctuations. A Sharpe ratio of 0.05 suggests that the risk-adjusted returns have been relatively modest over the measured period. The maximum drawdown recorded for the fund is -12.39%, reflecting the largest peak-to-trough decline experienced. This combination of low beta and low volatility implies the fund tends to move less aggressively than the market in both directions. However, the low Sharpe ratio indicates that the returns generated have not been particularly high relative to the risks taken. The maximum drawdown figure provides a concrete measure of the potential downside magnitude investors have faced.

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

XLP Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — 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): 16.13 (as of 2026-07-07) — 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: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XLP Performance History

How XLP Compares to Other Consumer Staples ETFs