Consumer Staples Just Got Expensive in a Way Not Seen in 25 Years. History Sends a Warning.

Year to date (as of Feb. 18, 2026), the State Street Consumer Staples Select Sector SPDR ETF (NYSEMKT: XLP) is up just over 13%. That's the best start to a year this sector has had by far since it launched in late 1998. Investors who have maintained diversification in their portfolio over the past three years are finally getting rewarded for their patience. But there's a growing concern from the sector having risen this far, this fast. Will AI create the world's first trillionaire? Our team just released ...