XLY provides broad exposure to the consumer discretionary sector, with solid performance and low cost.

From NASDAQ: 2024-05-20 06:20:05

The Consumer Discretionary Select Sector SPDR ETF (XLY) was launched in 1998 to provide broad exposure to the Consumer Discretionary – Broad segment. Passively managed ETFs like XLY are cost-effective and transparent, making them a top choice for investors. With assets over $19 billion, XLY aims to match the performance of the Consumer Discretionary Select Sector Index.

Investors get diversified exposure through XLY, which holds top assets like Amazon.com Inc and Tesla Inc. Performance-wise, XLY has gained 0.16% this year and is up 19.64% in the last year. With an expense ratio of 0.09%, XLY offers a low-cost investment option in the Consumer Discretionary sector.

Alternative ETFs like First Trust Consumer Discretionary AlphaDEX (FXD) and Vanguard Consumer Discretionary (VCR) provide similar exposure in the consumer sector. XLY is ranked as a Hold by Zacks, making it a viable choice for those looking to invest in Consumer Discretionary ETFs. Consider these options in the space for a diversified portfolio.



Read more at NASDAQ: Should You Invest in the Consumer Discretionary Select Sector SPDR ETF (XLY)?