Should You Invest in the State Street Consumer Discretionary Select Sector SPDR ETF (XLY)?
ZACKS·2026-02-09 12:21The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) was launched on December 16, 1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity market.An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.Sector ETFs are also funds of convenience, ...