Consumer Staples ETFs Are a Bright Spot in a Down Market
May 02, 2022 at 18:18 PM EDT
Defensive consumer staple sector-specific exchange traded funds are a bright spot in today’s tumultuous markets. The Consumer Staples Select Sector SPDR Fund (NYSEArca: XLP) increased 2.3% over the past month and gained 1.1% year-to-date. Meanwhile, the SPDR S&P 500 ETF (SPY) declined...