State Street Consumer Discretionary Select Sector SPDR ETF (XLY)
Market Price (5/21/2026): $118.52
State Street Consumer Discretionary Select Sector SPDR ETF (XLY)
Market Price (5/21/2026): $118.52
Asset Allocation with XLY
Valuation & Yield
| 5/21/26 | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Share Price CYE | $117.94 | $119.17 | $110.99 | $87.73 | $62.83 | $98.59 |
| Dividend/Share TTM | $1.33 | $1.66 | $1.62 | $1.39 | $1.29 | $1.09 |
Valuation [1] | ||||||
| P/S TTM | 2.41 | 2.69 | 2.69 | 2.28 | 1.79 | 3.32 |
| P/E TTM | 30.33 | 35.20 | 30.70 | 26.01 | 26.42 | 30.97 |
Yields TTM | ||||||
| Earnings Yield | 3.30% | 2.84% | 3.26% | 3.85% | 3.79% | 3.23% |
| Dividend Yield | 1.13% | 1.39% | 1.46% | 1.58% | 2.05% | 1.10% |
| Total Yield (TY) | 4.42% | 4.23% | 4.71% | 5.43% | 5.84% | 4.33% |
Risk Premium [2] | ||||||
| Risk Free Rate (Rf) | 4.67% | 4.18% | 4.58% | 3.88% | 3.88% | 1.52% |
| Risk Prem. (TY - Rf) | -0.25% | 0.05% | 0.13% | 1.55% | 1.96% | 2.81% |
[1] P/E uses aggregate method (profitable constituents only); P/S uses all constituents. Ratios reflect current ETF holdings at current weights.
[2] The premium above the risk free rate (US 10Y) offered by the investment. Negative premiums can indicate stretched valuations.
Top 20 Holdings for XLY
Total Weights Top 5: 60.5% | Top 10: 72.7% | Top 20: 86.7%
| Ticker | Holding | Weight |
|---|---|---|
| AMZN | Amazon.com | 28.07% |
| TSLA | Tesla | 19.62% |
| HD | Home Depot | 5.08% |
| TJX | TJX Companies | 3.90% |
| MCD | McDonald's | 3.83% |
| BKNG | Booking | 2.92% |
| LOW | Lowe's Companies | 2.85% |
| SBUX | Starbucks | 2.83% |
| MAR | Marriott International | 1.84% |
| ORLY | O'Reilly Automotive | 1.80% |
| HLT | Hilton Worldwide | 1.70% |
| ROST | Ross Stores | 1.59% |
| GM | General Motors | 1.54% |
| RCL | Royal Caribbean | 1.48% |
| DASH | DoorDash | 1.42% |
| ABNB | Airbnb | 1.33% |
| AZO | AutoZone | 1.30% |
| EBAY | eBay | 1.21% |
| F | Ford Motor | 1.19% |
| NKE | Nike | 1.18% |
Performance for XLY Top Holdings
| Ticker | Holding | Weight | Mkt Price5/20 | 1D Rtn | 1M Rtn | YTD Rtn | 1Y Rtn | 3Y Rtn | 5Y Rtn | 10Y Rtn |
|---|---|---|---|---|---|---|---|---|---|---|
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | 100.00% | 117.94 | 2.5% | -1.6% | -1.0% | 10.1% | 59.5% | 45.8% | 237.4% |
| AMZN | Amazon.com | 28.07% | 265.01 | 2.2% | 6.7% | 14.8% | 29.9% | 128.0% | 65.5% | 654.2% |
| TSLA | Tesla | 19.62% | 417.26 | 3.3% | 6.3% | -7.2% | 21.4% | 131.6% | 115.5% | 2,741.3% |
| HD | Home Depot | 5.08% | 310.58 | 2.7% | -11.5% | -9.1% | -15.5% | 15.2% | 11.1% | 199.3% |
| TJX | TJX Companies | 3.90% | 159.21 | 5.7% | 0.0% | 4.3% | 19.4% | 108.8% | 155.4% | 385.4% |
| MCD | McDonald's | 3.83% | 280.27 | -0.2% | -8.7% | -7.8% | -10.3% | 1.6% | 35.8% | 191.1% |
| BKNG | Booking | 2.92% | 156.95 | 1.6% | -18.3% | -26.6% | -25.5% | 44.5% | 74.3% | 219.9% |
| LOW | Lowe's Companies | 2.85% | 221.05 | 1.2% | -12.3% | -7.5% | -2.5% | 13.6% | 26.3% | 233.5% |
| SBUX | Starbucks | 2.83% | 106.50 | 0.1% | 8.3% | 28.0% | 27.7% | 8.8% | 8.5% | 142.7% |
| MAR | Marriott International | 1.84% | 369.75 | 3.1% | -2.4% | 19.4% | 39.6% | 113.5% | 176.3% | 522.1% |
| ORLY | O'Reilly Automotive | 1.80% | 92.22 | 0.3% | -0.7% | 1.1% | -0.2% | 45.0% | 154.2% | 438.7% |
| HLT | Hilton Worldwide | 1.70% | 323.87 | 2.7% | -5.5% | 12.8% | 28.1% | 126.3% | 171.2% | 699.7% |
| ROST | Ross Stores | 1.59% | 217.79 | 2.4% | -4.6% | 21.2% | 42.6% | 114.6% | 86.8% | 357.7% |
| GM | General Motors | 1.54% | 76.14 | 4.8% | -5.5% | -6.1% | 53.2% | 140.6% | 39.5% | 206.5% |
| RCL | Royal Caribbean | 1.48% | 253.89 | 2.7% | -10.1% | -8.5% | 3.4% | 226.3% | 213.6% | 261.6% |
| DASH | DoorDash | 1.42% | 160.73 | 3.9% | -15.3% | -29.0% | -21.7% | 140.0% | 16.8% | |
| ABNB | Airbnb | 1.33% | 135.55 | 3.3% | -5.6% | -0.1% | 2.6% | 26.2% | 0.6% | |
| AZO | AutoZone | 1.30% | 3,419.36 | 2.2% | -4.6% | 0.8% | -11.9% | 28.9% | 134.2% | 349.0% |
| EBAY | eBay | 1.21% | 118.96 | 4.1% | 11.0% | 37.0% | 66.2% | 189.1% | 112.8% | 467.1% |
| F | Ford Motor | 1.19% | 13.22 | 1.2% | 4.0% | 3.1% | 29.4% | 37.0% | 33.7% | 69.7% |
| NKE | Nike | 1.18% | 44.19 | 4.2% | -4.9% | -30.2% | -27.6% | -59.2% | -64.1% | -10.7% |
Guidance Updates for XLY Top Holdings
| Ticker | Company | Earnings Date | Guidance Metric | Midpoint Value | % Change | Guidance Change | |
|---|---|---|---|---|---|---|---|
| LOW_2252026 | LOW | Lowe's Companies | 2/25/2026 | 2026 Revenue | 93.00 Bil | 8.1% | Higher NewNew Guidance Higher than Prior Actual of 86.00 Bil for 2025 |
| MAR_5062026 | MAR | Marriott International | 5/6/2026 | Q2 2026 Gross fee revenues | 1.55 Bil | 12.6% | Higher NewNew Guidance Higher than Prior Actual of 1.37 Bil for Q1 2026 |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| XLY Return | 28% | -36% | 40% | 27% | 7% | -3% | 49% |
| Peers Return | 36% | -1% | 24% | 18% | 17% | 13% | 160% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 7% | 96% |
Monthly Win Rates [3] | |||||||
| XLY Win Rate | 75% | 33% | 58% | 58% | 67% | 40% | |
| Peers Win Rate | 72% | 43% | 62% | 63% | 63% | 44% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| XLY Max Drawdown | -10% | -39% | -16% | -13% | -24% | -15% | |
| Peers Max Drawdown | -11% | -27% | -13% | -13% | -20% | -13% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: VGT, XLK, XLF, XLV, XLE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/20/2026 (YTD)
Sharpe Ratios Compared
One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.
Results as of 4302026.How Low Can It Go
| Event | XLY | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.8% | -18.8% |
| % Gain to Breakeven | 27.9% | 23.1% |
| Time to Breakeven | 105 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -11.2% | -7.8% |
| % Gain to Breakeven | 12.6% | 8.5% |
| Time to Breakeven | 37 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -13.6% | -9.5% |
| % Gain to Breakeven | 15.8% | 10.5% |
| Time to Breakeven | 42 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -35.9% | -24.5% |
| % Gain to Breakeven | 56.0% | 32.4% |
| Time to Breakeven | 874 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -33.9% | -33.7% |
| % Gain to Breakeven | 51.3% | 50.9% |
| Time to Breakeven | 82 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.6% | -19.2% |
| % Gain to Breakeven | 24.4% | 23.8% |
| Time to Breakeven | 98 days | 105 days |
In The Past
State Street Consumer Discretionary Select Sector SPDR ETF's stock fell -21.8% during the 2025 US Tariff Shock. Such a loss loss requires a 27.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | XLY | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.8% | -18.8% |
| % Gain to Breakeven | 27.9% | 23.1% |
| Time to Breakeven | 105 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -35.9% | -24.5% |
| % Gain to Breakeven | 56.0% | 32.4% |
| Time to Breakeven | 874 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -33.9% | -33.7% |
| % Gain to Breakeven | 51.3% | 50.9% |
| Time to Breakeven | 82 days | 140 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -51.0% | -53.4% |
| % Gain to Breakeven | 104.3% | 114.4% |
| Time to Breakeven | 372 days | 1085 days |
In The Past
State Street Consumer Discretionary Select Sector SPDR ETF's stock fell -21.8% during the 2025 US Tariff Shock. Such a loss loss requires a 27.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Current Dip Buy Opportunities Across ETFs
ETFs currently down 5% or more from trailing 6M peaks.
| Ticker | Name | Dip % | Mkt Price | Price Date | Peak Price | Peak Date | # Days |
|---|---|---|---|---|---|---|---|
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | -6.5% | 106.64 | 5202026 | 114.03 | 3012026 | 80 |
| ARKK | ARK Innovation ETF | -8.9% | 75.84 | 5202026 | 83.21 | 1132026 | 127 |
| URA | Global X Uranium ETF | -22.3% | 48.04 | 5202026 | 61.81 | 1282026 | 112 |
| BOTZ | Global X Funds Global X Robotics & Artificial Intelligence ETF | -5.7% | 39.25 | 5202026 | 41.63 | 5132026 | 7 |
| LIT | Global X Lithium & Battery Tech ETF | -8.9% | 83.49 | 5202026 | 91.62 | 5112026 | 9 |
| CGBL | Capital Group Core Balanced ETF | -6.2% | 34.41 | 5202026 | 36.67 | 2252026 | 84 |
| XLF | State Street Financial Select Sector SPDR ETF | -7.9% | 51.66 | 5202026 | 56.11 | 1062026 | 134 |
| XLV | State Street Health Care Select Sector SPDR ETF | -7.8% | 147.13 | 5202026 | 159.54 | 3012026 | 80 |
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | -5.1% | 117.94 | 5202026 | 124.27 | 1122026 | 128 |
| XLU | State Street Utilities Select Sector SPDR ETF | -6.1% | 44.51 | 5202026 | 47.40 | 3012026 | 80 |
| XLB | State Street Materials Select Sector SPDR ETF | -6.9% | 49.72 | 5202026 | 53.38 | 2112026 | 98 |
| IBB | iShares Biotechnology ETF | -5.4% | 167.91 | 5202026 | 177.51 | 1222026 | 118 |
| XBI | State Street SPDR S&P Biotech ETF | -5.0% | 131.71 | 5202026 | 138.67 | 4192026 | 31 |
| ITA | iShares U.S. Aerospace & Defense ETF | -10.8% | 223.28 | 5202026 | 250.42 | 3022026 | 79 |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | -7.1% | 174.73 | 5202026 | 188.18 | 3292026 | 52 |
| TLT | iShares 20+ Year Treasury Bond ETF | -6.9% | 83.91 | 5202026 | 90.16 | 3012026 | 80 |
| VGLT | Vanguard Long-Term Treasury ETF | -6.1% | 53.73 | 5202026 | 57.20 | 3012026 | 80 |
| SPTL | State Street SPDR Portfolio Long Term Treasury ETF | -6.4% | 25.52 | 5202026 | 27.28 | 3012026 | 80 |
| TLH | iShares 10-20 Year Treasury Bond ETF | -5.9% | 98.09 | 5202026 | 104.25 | 3012026 | 80 |
| EDV | Vanguard World Funds Extended Duration ETF | -9.7% | 61.68 | 5202026 | 68.33 | 3012026 | 80 |
| GSG | iShares GSCI Commodity | -5.8% | 30.01 | 5202026 | 31.85 | 3182026 | 63 |
| GLD | SPDR Gold Trust | -15.8% | 417.40 | 5202026 | 495.90 | 1292026 | 111 |
| IAU | iShares Gold Trust | -15.8% | 85.53 | 5202026 | 101.57 | 1292026 | 111 |
| GLDM | SPDR Gold MiniShares Trust | -15.7% | 89.96 | 5202026 | 106.77 | 1292026 | 111 |
| SGOL | ETFS Physical Swiss Gold Shares | -13.1% | 44.66 | 5202026 | 51.41 | 1292026 | 111 |
| BAR | Direxion Daily Gold Bull 3X Shares | -16.6% | 44.34 | 5202026 | 53.16 | 1292026 | 111 |
| SLV | iShares Silver Trust | -34.9% | 68.73 | 5202026 | 105.60 | 1282026 | 112 |
| SIVR | ETFS Physical Silver Shares Trust ETF | -24.8% | 83.39 | 5202026 | 110.87 | 1282026 | 112 |
| PPLT | ETFS Physical Platinum Shares | -29.3% | 17.84 | 5202026 | 25.23 | 1252026 | 115 |
| CPER | United States Copper Index Fund ETV | -13.9% | 33.33 | 5202026 | 38.71 | 1292026 | 111 |
| PALL | ETFS Physical Palladium Shares | -32.7% | 25.01 | 5202026 | 37.18 | 1282026 | 112 |
| USO | United States Oil Fund LP | -5.7% | 144.27 | 5202026 | 152.96 | 5192026 | 1 |
| UNG | United States Natural Gas Fund LP | -32.0% | 11.49 | 5202026 | 16.90 | 2012026 | 108 |
| BNO | United States Brent Oil Fund LP ETV | -7.1% | 55.85 | 5202026 | 60.13 | 5042026 | 16 |
| IBIT | iShares Bitcoin Trust ETF | -20.7% | 43.99 | 5202026 | 55.44 | 1142026 | 126 |
| FBTC | Fidelity Wise Origin Bitcoin Fund | -20.6% | 67.57 | 5202026 | 85.12 | 1142026 | 126 |
| GBTC | Grayscale Bitcoin Trust ETF | -19.0% | 61.84 | 5202026 | 76.31 | 1142026 | 126 |
| ETHA | iShares Ethereum Trust ETF | -36.9% | 16.14 | 5202026 | 25.59 | 1142026 | 126 |
About XLY
| Holdings Count: 48Expense Ratio: 0.08%Inception Date: 1998-12-16 | State Street Consumer Discretionary Select Sector SPDR ETFThe State Street Consumer Discretionary Select Sector SPDR ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the "Index")The Index seeks to provide an effective representation of the consumer discretionary sector of the S&P 500 IndexSeeks to provide precise exposure to companies in specialty retail; broadline retail; hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; automobile components; distributors; leisure products; and diversified consumer services.Allows investors to take strategic or tactical positions at a more targeted level than traditional style based investingAsset Class: Equity | ETF Website |
Research & Analysis
Invest in Strategies
Wealth Management
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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