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XLP: A Strong Buy-The-Dip Candidate For Income Investors As Recession Risks Grow
The Consumer Staples Select Sector SPDR Fund ETF offers exposure to recession-resistant companies that provide household products and basic items. This ETF has a low expense ratio and has delivered annual returns of 6.8% since its inception in 1988. The top holdings of this ETF include Procter & Gamble, Costco Wholesale, and Walmart, offering a defensive position for investors.
Seekingalpha | 1 year ago
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