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.
If you're interested in broad exposure to the Consumer Discretionary - Broad segment of the equity market, look no further than the Consumer Discretionary Select Sector SPDR ETF (XLY), a passively managed exchange traded fund launched on 12/16/1998.
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 37.02% from its 52-week low price of $147.83/share.
This article analyzes the consumer discretionary sector, focusing on fundamental and momentum metrics. The most compelling subsector is consumer services: it is slightly undervalued and has an excellent quality score. XLY: fast facts on a sector benchmark.
If you're interested in broad exposure to the Consumer Discretionary - Broad segment of the equity market, look no further than the Consumer Discretionary Select Sector SPDR ETF (XLY), a passively managed exchange traded fund launched on 12/16/1998.
The Fed announced a 50-basis-point cut in interest rates this week, marking its first reduction since March 2020. This should benefit consumer stocks.
The rise of consumer sentiment to a four-month high in early September bodes well for household spending and the consumer discretionary sector.
Consumer sentiment rose in early August for the first time in five months. Rising consumer sentiment bodes well for household spending in the coming months.
Monthly article series with subsector metrics in consumer discretionary. The sector as a whole is close to 11-year averages in valuation metrics, and consumer services are the most attractive subsector. Durables and apparel also have good value and quality scores.
Recent turmoil in the consumer discretionary sector due to disappointing job growth. XLY's top holdings remain overvalued, but slight changes in fundamental categories create buying opportunity. XLY still underwhelming compared to peers, but recent changes in key factors make it a compelling investment opportunity.
Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the Consumer Discretionary Select Sector SPDR ETF (XLY) is a passively managed exchange traded fund launched on 12/16/1998.
Consumer Discretionary Select Sector SPDR ETF XLY is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 26.2% from its 52-week low price of $147.83/share.