XLY — State Street Consumer Discretionary Select Sector SPDR ETF

Overview

The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) operates within the Consumer Discretionary category and is managed by State Street Investment Management. With assets under management totaling $22.6 billion and a share price of $115.30, the fund demonstrates significant investor adoption relative to its peers. It holds an overall rank of #115 out of 120 tracked ETFs across all categories, receiving an ETFValuer grade of D with a score of 46.8 out of 100. The fund charges an expense ratio of 0.08% and offers a dividend yield of 1.00%. This cost structure is competitive within the sector, though the fund's ranking suggests it faces challenges compared to the broader universe of tracked funds. The combination of high assets and a lower grade indicates that while the fund is widely held, its recent performance metrics have not aligned with top-tier evaluations.

Recent performance data reveals a mixed trajectory across various time horizons, starting with a 1-day return of -1.78% and a 1-week return of -1.69%. Over the past month, the fund posted a positive return of +0.58%, followed by a stronger 3-month gain of +7.20%. However, the 6-month return shows a decline of -3.77%, and year-to-date performance sits at -2.19%. In contrast, the 1-year return stands at +6.41%, while the 3-year return reflects a substantial cumulative gain of +35.44%. This pattern indicates a divergence where short-term and medium-term results have been negative or weak, while the longer-term 3-year trend remains positive despite recent volatility.

The fund carries a Moderate volatility label and a beta of 1.13, suggesting it tends to move more aggressively than the broader market in both directions. A Sharpe ratio of 0.08 indicates that the risk-adjusted returns have been relatively low during the measured period. The maximum drawdown of -26.01% highlights the potential for significant capital erosion during market downturns. This combination of a beta above 1.0 and a high maximum drawdown implies that the fund experiences amplified swings compared to the market average. While the Sharpe ratio suggests limited compensation for the risk taken, the moderate volatility classification places the fund in a middle ground regarding price fluctuation intensity.

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

XLY 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.

XLY Performance History

How XLY Compares to Other Consumer Discretionary ETFs