State Street Consumer Discretionary Select Sector SPDR ETF
XLY SectorUpdated: Jul 4, 2026, 21:17 UTC
Key Metrics
Top 10 Holdings
| Holding | Ticker | Weight | Bar |
|---|---|---|---|
| Amazon.com Inc | AMZN | 27.56% | |
| Tesla Inc | TSLA | 20.04% | |
| The Home Depot Inc | HD | 5.16% | |
| TJX Companies Inc | TJX | 3.85% | |
| McDonald's Corp | MCD | 3.64% | |
| Booking Holdings Inc | BKNG | 3.03% | |
| Lowe's Companies Inc | LOW | 2.7% | |
| Starbucks Corp | SBUX | 2.53% | |
| Marriott International Inc Class A | MAR | 1.85% | |
| General Motors Co | GM | 1.69% |
Sector Allocation
About This ETF
The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) is a Sector ETF with an expense ratio (TER) of 0.08% and $23.8B in assets under management., with its largest holdings being Amazon.com Inc, Tesla Inc, The Home Depot Inc. The ETF currently yields 0.74% in dividends. Year-to-date, XLY has returned -0.64%. With an expense ratio of just 0.08%, it is one of the cheapest ETFs in its category.
The Advisor employs a replication strategy. The fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Discretionary companies by the Global Industry Classification Standard (GICS®). It is non-diversified.
FAQ — XLY
What is the TER of XLY (State Street Consumer Discretionary Select Sector SPDR ETF)?
XLY has a Total Expense Ratio (TER) of 0.08 % per year. That sits at the sector category median (0.08 % across 13 peer ETFs). The TER is deducted directly from the fund and lowers your effective return.
What return has XLY delivered?
Performance for XLY: YTD: -0.64 % · 3-year p.a.: +11.77 % · 5-year p.a.: +6.14 %. Over 5 years, XLY underperforms the sector category median of +7.03 % by -0.89 pp. Past performance is no guarantee of future returns.
What are the top holdings of XLY?
The five largest positions in XLY are: AMZN, TSLA, HD, TJX, MCD. The full holdings list is updated daily on this page.
Does XLY pay dividends?
XLY has a current dividend yield of 0.74 %. Distributing ETFs pay this out in cash; accumulating versions reinvest it inside the fund. Check the share class on your broker before buying.
Where can I buy or set up a savings plan for XLY?
XLY is available at most major brokers. For a free monthly savings plan from €1, look at Trade Republic, Scalable Capital or Flatex. The broker comparison on this site shows fees, free-savings-plan ETFs and execution exchanges side by side.
What is the Consumer Discretionary Select Sector SPDR ETF (XLY)?
The State Street Consumer Discretionary Select Sector SPDR ETF bundles US companies from the consumer discretionary sector – firms whose fortunes hinge on shoppers’ willingness to spend. With roughly $23.1B in assets and an expense ratio of just 0.08%, it is one of the cheapest ways to make a targeted bet on consumer names such as Amazon, Tesla and Home Depot. For investors, it is a tool to express a clear sector view on the US consumer in a single trade.
Performance & Drivers
Over the past three years the fund returned about 17.9% annually, and roughly 7.9% per year over five years; year-to-date it stands at 3.34%. The dividend yield is around 0.75%. These figures are driven mainly by the two heavyweights Amazon (about 27.6%) and Tesla (about 17.9%), which together make up nearly half of the portfolio. As a result, performance is closely tied to a handful of mega-caps. Consumer discretionary stocks are sensitive to interest rates, employment and consumer confidence – tending to outperform in upswings and to lag sharply during downturns.
Risk Profile
As a pure sector fund, the ETF is highly concentrated: roughly 98.9% sits in consumer cyclicals, and Amazon and Tesla alone account for almost half the portfolio. Weakness in these two names feeds straight through to returns. Consumer discretionary is economically sensitive – rising rates, higher unemployment or weak consumer confidence weigh on the sector disproportionately.
- Concentration risk from a few mega-caps
- High cyclicality and economic sensitivity
- Currency risk: the fund is denominated in US dollars; for euro-area investors a weaker dollar can erode gains or amplify losses
Who Is It For?
The ETF suits conviction investors with a long time horizon who want to build a deliberate position in the US consumer and can tolerate short-term volatility. As a satellite holding alongside a broadly diversified core, it can add a cyclical tilt to a portfolio.
It is less suitable as a standalone core holding: its concentration in a single sector and a few mega-caps runs counter to the principle of broad diversification. Conservative investors, those with a short horizon, or anyone unwilling to carry US-dollar currency risk will not find a fitting solution here. This is not investment advice.
How It Compares
Within US consumer discretionary ETFs there are genuine alternatives from other issuers. The Vanguard Consumer Discretionary ETF (VCR) tracks a broader basket of the sector and holds considerably more names, which softens the concentration in the largest stocks. The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) follows an MSCI index and is also low-cost.
Against both, XLY stands out for deep liquidity and a very low 0.08% expense ratio, but is more concentrated in a few heavyweights. Investors seeking broader diversification within the sector should review VCR or FDIS.
Where can I buy XLY?
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