Oil at $100 a Barrel, Here’s the ETF You Should Buy for the Coming Economic Shocks
Yahoo Finance·2026-03-23 13:06
Quick Read Consumer Staples Select Sector SPDR Fund (XLP) holds 39 positions with Walmart at 11.7%, Costco at 9.4%, and Procter & Gamble at 7.8%, while mid-tier holdings like Archer-Daniels-Midland (ADM) at 2.1%, Tyson Foods (TSN) at 1.1%, and Conagra Brands (CAG) at 0.5% face direct commodity input cost pressure. XLP is up 5% year-to-date while the S&P 500 is down 5%, demonstrating the defensive rotation in action. Oil climbing to $98.09 a barrel raises input costs for plastic packaging, transportation ...