XLY, VCR and FDIS lead consumer discretionary ETFs higher as recession fears fade and trade optimism lifts markets.
The Consumer Discretionary Select Sector SPDR ETF (XLY) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity market.
Consumer sentiment drops to a nearly five-decade low. Let's assess what might be in store for consumer discretionary ETFs.
Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the Consumer Discretionary Select Sector SPDR ETF (XLY), a passively managed exchange traded fund launched on 12/16/1998.
XLY has underperformed due to significant declines in TSLA and weak consumer data. Consumer sentiment is low, with rising inflation expectations, declining retail sales, and increasing unemployment claims, indicating potential long-term headwinds for XLY. Despite potential technical support, any recovery in XLY may be short-lived, driven by oversold conditions rather than fundamental improvements.
Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the Consumer Discretionary Select Sector SPDR ETF (XLY), a passively managed exchange traded fund launched on 12/16/1998.
Launched on 12/16/1998, the Consumer Discretionary Select Sector SPDR ETF (XLY) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.
The consumer discretionary sector, represented by the popular Consumer Discretionary Select SPDR ETF NYSE: XLY, has recently reclaimed key moving averages, signaling resilience in its ongoing uptrend. These developments come amidst a notable shift in U.S. consumer sentiment, raising questions about the sector's near-term trajectory.
XLY offers investors targeted exposure to cyclical consumer goods/services U.S companies. Consumer confidence remains stable, indicating potential positive momentum for the retail sector. XLY offers a competitive proposition to investors along with peers like VCR and FDIS.
Upgraded rating on The Consumer Discretionary Select Sector SPDR® Fund ETF (XLY) from hold to buy due to robust revenue and earnings growth trends in the sector. Economic growth, rate cuts, and healthy job growth in 2025 are expected to benefit the consumer discretionary sector, driving investor confidence. XLY's concentrated portfolio in fundamentally strong stocks like Amazon and Tesla, coupled with a low expense ratio and high liquidity, makes it a solid investment.
For investors seeking momentum, Consumer Discretionary Select Sector SPDR ETF XLY is probably on the radar. The fund just hit a 52-week high and is up 44.33% from its 52-week low price of $166.48/share.
The Consumer Discretionary Select Sector SPDR ETF NYSE: XLY has staged a remarkable surge higher in the quarter as the year draws to a close. The ETF rocketed 26% on the quarter to bring its YTD performance to 30% as of last week's close.