|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||134.50 - 135.21|
|52 Week Range||126.78 - 151.29|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.10%|
E*TRADE Financial Corporation today announced it has surpassed 250 commission-free ETFs with the addition of 46 ETFs from six providers to its Commission-Free ETF Pr
Nearly halfway through 2018, it is fair to say the consume staples sector is disappointing. The Consumer Staples Select SPDR (XLP) , the largest exchange traded fund dedicated to the sector, is off about 10% year-to-date, underscoring the point that consumer staples is one of the worst-performing groups in the S&P 500 this year. XLP devotes more than half its weight to beverage makers and food and staples retailers.
The consumer staples sectors is the worst-performing group in the S&P 500 this year. The S&P 500 Consumer Staples Index closed May with a year-to-date loss of more than 12%, but some of the industry groups within the sector are sporting larger losses, weighing on the Consumer Staples Select SPDR (XLP) and other staples exchange traded funds in the process. XLP devotes more than half its weight to beverage makers and food and staples retailers.
Let's have a look at some ETFs that are poised to benefit from global trade war fears and some that are likely to be affected.
Consumer staples stocks and the related exchange traded funds have been struggling this year as highlighted by a year-to-date decline of more than 12% for the Consumer Staples Select SPDR (XLP) , the largest ETF tracking the sector. Staples are the sixth-largest sector weight in the S&P 500, but the size of that weight is near its lowest levels in decades. XLP devotes more than half its weight to beverage makers and food and staples retailers.
The combination of rising interest rates and a stronger dollar is plaguing some asset classes and sectors. One of the epicenters of those woes may just be the consumer staples sector. Year-to-date, the usually docile Consumer Staples Select SPDR (XLP) , the largest ETF tracking the consumer staples sector, is lower by more than 13% and things have not been any better for staples funds in recent weeks.
The consumer staples sector has been a dud for much of 2018 and those struggles are continuing in recent days. For example, the Consumer Staples Select SPDR (XLP) , the largest ETF tracking the consumer staples sector, is down more than 6% over the past month, extending its year-to-date loss to over 13%. XLP provides “exposure to companies from the food and staples retailing, beverage, food product, tobacco, household product and personal product industries in the U.S.,” according to State Street.
With core inflation at 1.8%, it is likely that inflation achieves a “two-handle” (2%) soon, and rather than risk falling behind the curve, the Fed might tighten more aggressively. A February report by HSBC economist Stephen King identified all periods since 1990 in which the world economy has delivered synchronized growth. Mr. King finds that each was followed by some kind of economic or financial shock, attributed to excessive optimism and unanticipated shifts in monetary policy.
“Giving up smoking is the easiest thing in the world. I know because I’ve done it thousands of times.” — Mark Twain Tobacco settlement securitization bonds are issued by states to monetize future payments from tobacco companies to help defray ...
The normally boring, defensive consumer staples sector has been anything but this year. The Consumer Staples Select SPDR (NYSEArca: XLP), the largest ETF tracking the consumer staples sector, is lower ...
Consumer staples stocks and the related exchange traded funds have been anything but safe this year. For example, the Consumer Staples Select SPDR (NYSEArca: XLP), the largest ETF tracking the consumer ...
I saw an article about sector exchange-traded funds recently. While the author was talking about the 11 different S&P 500 sectors and how you can trade each of them using State Street SPDRs, it got me wondering about all the other sector ETFs to own in the marketplace.
What Boosted the Leading Economic Index in 2017? The Conference Board LEI (Leading Economic Index) uses the level of new orders in the consumer goods and materials as an important constituent of the LEI. A decreasing level of new orders is a worrying signal for the economy, as the level of retail sales act as a forward indicator for job growth at retail establishments and for companies manufacturing these products.
As we’ve discussed, Walgreens Boots Alliance (WBA) reported its 1Q18 results on January 4. The company’s top line increased 7.9% YoY (year-over-year) to $30.74 billion. “I am pleased that we delivered another strong performance in the first quarter, led by continued prescription volume and market share growth in Retail Pharmacy USA,” said Stefano Pessina, executive vice chairman and CEO of Walgreens.
New orders for consumer goods and materials give investors an insight into the demand for goods and form an important constituent of the Conference Board LEI (Leading Economic Index). Changes to…
Vanguard Consumer Staples ETF (NYSEARCA:VDC) is not a sexy pick. No, these kinds of statistics won’t make VDC a headline grabber, especially in a bull market. While individual stocks are usually a better way to play the market’s dynamic forces, this ETF is a perfect choice for investors that know the value of rock-solid consumer staples stocks, but don’t want to overweight their portfolios with them while the market continues to move higher.
In the latest sign investors are renewing their affinity for defensive sectors, some consumer staples exchange traded funds are seeing significant inflows this month. For example, the Consumer Staples ...
The number of new orders for October increased from a downward revised September reading of 136,014 to 136,268.