State Street Consumer Staples Select Sector SPDR ETF
XLP SectorUpdated: Jul 4, 2026, 21:17 UTC
Key Metrics
Top 10 Holdings
| Holding | Ticker | Weight | Bar |
|---|---|---|---|
| Walmart Inc | WMT | 10.83% | |
| Costco Wholesale Corp | COST | 9.06% | |
| Procter & Gamble Co | PG | 7.12% | |
| Coca-Cola Co | KO | 6.53% | |
| Philip Morris International Inc | PM | 5.9% | |
| Mondelez International Inc Class A | MDLZ | 4.99% | |
| Altria Group Inc | MO | 4.74% | |
| Colgate-Palmolive Co | CL | 4.55% | |
| PepsiCo Inc | PEP | 4.21% | |
| Monster Beverage Corp | MNST | 4.16% |
Sector Allocation
About This ETF
The State Street Consumer Staples Select Sector SPDR ETF (XLP) is a Sector ETF with an expense ratio (TER) of 0.08% and $14.9B in assets under management., with its largest holdings being Walmart Inc, Costco Wholesale Corp, Procter & Gamble Co. The ETF currently yields 2.62% in dividends. Year-to-date, XLP has returned +10.78%. With an expense ratio of just 0.08%, it is one of the cheapest ETFs in its category.
In seeking to track the performance of the index, the fund employs a replication strategy. It 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 Staples companies by the GICS®. It is non-diversified.
FAQ — XLP
What is the TER of XLP (State Street Consumer Staples Select Sector SPDR ETF)?
XLP 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 XLP delivered?
Performance for XLP: YTD: +10.78 % · 3-year p.a.: +7.24 % · 5-year p.a.: +6.75 %. Over 5 years, XLP underperforms the sector category median of +7.03 % by -0.28 pp. Past performance is no guarantee of future returns.
What are the top holdings of XLP?
The five largest positions in XLP are: WMT, COST, PG, KO, PM. The full holdings list is updated daily on this page.
Does XLP pay dividends?
XLP has a current dividend yield of 2.62 %. 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 XLP?
XLP 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 Staples Select Sector SPDR ETF (XLP)?
State Street's XLP bundles the leading consumer-staples companies in the S&P 500 — makers of food, beverages, household and personal-care products plus major retailers. With roughly $14.5B in assets and an expense ratio of just 0.08%, it is one of the largest and cheapest sector funds available. Top holdings include Walmart, Costco and Procter & Gamble. Investors use it as a defensive building block because demand for everyday essentials tends to stay relatively stable even during economic downturns.
Performance & Drivers
XLP has returned 9.29% year-to-date, 7.71% annualized over three years and 6.42% over five years. Its dividend yield stands at 2.58%, making it attractive for income-focused investors. The price sits at $84.43, near 62% of its 52-week range of $75.16 to $90.14.
Performance is driven by the pricing power of established brands, steady margins and reliable dividends. During periods of high inflation or economic uncertainty, consumer staples often benefit from their defensive character, while in strong bull markets they frequently lag cyclical and technology stocks. The sector tends to deliver smoother, more predictable returns rather than rapid growth.
Risk Profile
XLP allocates 98.99% to a single sector — consumer staples. This concentration means sector-specific pressures hit the entire fund: rising input costs, weakening consumer sentiment, regulatory headwinds (for example on tobacco names like Philip Morris and Altria) or margin pressure from private labels. Broad cross-sector diversification is absent.
- Concentration risk: The ten largest positions represent a substantial share of the fund.
- Currency risk: The fund is denominated in U.S. dollars. For euro-area investors, a weaker dollar can erode returns regardless of the underlying price movement.
- Interest-rate sensitivity: As a dividend-rich defensive sector, it can react adversely to rising rates.
Who is XLP suitable for?
The fund suits defensively minded investors who want to stabilize an existing portfolio and reduce volatility. It works well for a medium- to long-term horizon and for those who value reliable dividends and smaller drawdowns during market declines.
It is less suited to investors chasing maximum growth — in strong upswings the sector usually trails the broad market. Anyone who already holds a globally diversified portfolio should weigh the single-sector concentration carefully. Euro-based investors must also factor in U.S. dollar currency risk. This is not investment advice; it is educational information only.
Comparison with Competitors
Several alternative consumer-staples ETFs come from other issuers:
- Vanguard Consumer Staples ETF (VDC): Holds more individual names and is similarly low-cost; less concentrated in the largest stocks than XLP.
- Fidelity MSCI Consumer Staples Index ETF (FSTA): Tracks an MSCI index, often with a very low expense ratio.
- iShares U.S. Consumer Staples ETF (IYK): Also tracks the U.S. sector, typically at a somewhat higher fee.
XLP stands out for deep liquidity, large size and an expense ratio of just 0.08%, but it is more concentrated in a handful of mega-cap holdings than its broader peers.
Where can I buy XLP?
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