What is XLP and what does it track?

State Street Consumer Staples Select Sector SPDR ETF (XLP) is an exchange-traded fund (ETF) providing diversified exposure to a basket of securities. ETFs trade on major stock exchanges like individual stocks, combining diversification with intraday flexibility.

How large is XLP in terms of assets under management?

XLP currently manages approximately $17.56B in assets. Larger funds typically benefit from higher liquidity and tighter bid-ask spreads, reducing trading costs.

Does XLP pay distributions or dividends?

XLP currently has a distribution yield of 2.45%. ETF distributions are typically paid monthly or quarterly and are passed through from income generated by the underlying holdings.

What are the costs of holding XLP?

XLP has an annual expense ratio (TER) of 0.08%. This fee is deducted directly from the fund's assets. Lower expense ratios are generally preferable, as costs compound over time. The portfolio turnover rate is 8%, reflecting how frequently holdings are replaced within a year.

What does the momentum analysis show for XLP?

The momentum analysis tracks the daily rate of change of XLP's smoothed price average. A consistently positive and rising value indicates the ETF's trend is gaining strength. A declining or negative value suggests the trend is weakening.

How often is the XLP data updated?

All data on this page is updated once per trading day after the US market closes, using official end-of-day prices.

XLP – State Street Consumer Staples Select Sector SPDR ETF

ETF

Consumer Defensive | Inception: 1998-12-16

Quick Stats

Trend Signal

$85.99

Last Close

Official EOD price – basis for all calculations

▲ Long

Swing Trend

Moving average structure confirms uptrend – bulls in control

+1.59%

Signal Edge

Slim positive edge across 4 signals – treat with caution

3.5

Trend Strength (ADX)

Weak / ranging – trend signals less reliable

Options Signals

IV-Rank (52w)

Options are historically cheap – premium buying favored

59% / 41%

Call / Put Flow

Neutral flow – call and put activity roughly balanced

Last Trendchange Signal

07.07.26

Date

Signal entry date

$84.86

Entry Price

Closing price at signal date

10d

Days Held

Trading days since signal

–

+10d

Not yet reached

–

+20d

Not yet reached

-0.21%

+30d

Return after 30 trading days

–

+60d

Not yet reached

Trend Overview

Volatility Compression – Wait for Breakout Composite Score: +3 / 7

XLP has been in a volatility compression for 35 consecutive sessions. Price is coiling and the range is contracting. This kind of structure typically resolves with an expansion in one direction – and the underlying trend bias is still positive, which tilts the probability toward an upside resolution. The key question is not if the move happens, but when and which way.

What to watch

This is a waiting game. Define the breakout level in advance, set alerts at the range boundaries, and let the market make the first move.

Options Signal Highlight

MEDIUM Strength 5.5 Long Straddle 📖 View full options analysis →

Latest XLP Reports

Momentum & Strength SHLD, GDX Lead as Utilities Plunge – Momentum August 22

Aug 22, 2026

Momentum & Strength Financials Lead, Utilities Collapse – August 21, 2026

Aug 21, 2026

Momentum & Strength Commodities Lead as Sectors Fade – Momentum Rankings August 20

Aug 20, 2026

Momentum & Strength Financials Lead as Utilities Collapse – August 19, 2026

Aug 19, 2026

XLP Price Chart

Technical Trend Analysis

As of 21.08.2026 · Close: $85.99 · ATR14: $1.52

Volatility Compression – Wait for Breakout Composite Score: +3 / 7

What to watch

This is a waiting game. Define the breakout level in advance, set alerts at the range boundaries, and let the market make the first move.

Indicator	Signal	Detail
Swing Trend	▲ Long	Primary directional bias
Momentum	▲ Up · 6d	Strength: 0.04 – Fading
Trend Strength (ADX)	3.5 – Weak	ADX38: 16.7
Volatility (HV30)	17.8% – Rising	HV90: 16.4% \| HV180: 15.3%
Vola Compression	35 days active	Potential breakout building
MA Structure	Golden Cross ✓	Stack: Fully aligned – bullish stack
EMA21 Distance	~0 ATR – Near line	EMA21: $84.79
GD200 Extension	2.5 ATR – Normal	GD20: 0.3 \| GD50: 0.9 \| GD100: 1.5

⚠️ Momentum Fading

Upward momentum has been running 6 days but strength is declining (0.04). The trend is intact but losing energy.

⚪ Trend Strength – ADX14: 3.5 (Weak)

Weak or ranging market. ADX38: 16.7. Trend-following signals carry lower reliability.

🔺 Volatility Rising

HV30: 17.8% | HV90: 16.4% | HV180: 15.3%. Short-term vol is running above its 90-day average. Wider stops and reduced size may be appropriate.

🗜️ Volatility Compression – 35 Days Active

Price has been compressing for 35 sessions. The longer the compression, the more powerful the potential breakout.

⭐ Golden Cross – Long-term Bullish

Golden Cross in place. GD50 $84.77 above GD200 $82.88 by 2.29%. Long-term structure is bullish. MA stack: Fully aligned – bullish stack.

🎯 EMA21 – Bounce Confirmed

Price touched the EMA21 at $84.79 and is pulling away with rising distance. Classic continuation setup.

📐 Key Price Levels & ATR Distance

GD20: $85.55 (0.3 ATR) | GD50: $84.77 (0.9 ATR) | GD100: $84.03 (1.5 ATR) | GD200: $82.88 (2.5 ATR). ATR14: $1.52.

Monthly Performance History

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2010	-1.76	2.39	2.61	-1.71	-5.18	-3.00	5.60	-2.97	3.45	3.01	-1.15	1.84	9.90
2011	-1.60	2.17	1.46	4.82	2.38	-2.35	-2.03	0.55	-3.64	6.19	4.59	2.01	10.70
2012	-1.32	3.01	2.71	-0.49	-1.43	4.86	1.89	0.03	0.45	-1.86	1.78	-2.79	7.52
2013	2.99	2.48	4.06	2.99	-2.08	-2.03	3.58	-5.32	0.81	5.77	1.18	0.47	20.06
2014	-3.98	6.19	2.23	2.91	1.90	-0.69	-3.53	3.82	-0.09	4.19	5.14	-1.00	14.23
2015	-0.68	2.92	-2.71	-0.88	-0.04	-2.44	4.36	-6.09	1.83	5.70	-1.51	1.30	4.43
2016	1.83	-0.02	3.21	-2.46	-0.45	3.67	-0.35	-0.69	-2.19	-0.13	-3.79	2.91	3.73
2017	1.33	5.60	-1.41	1.27	3.04	-3.78	0.78	-1.00	-1.80	-1.47	5.24	1.25	9.61
2018	2.26	-7.23	-1.24	-1.73	-0.70	3.77	4.57	1.24	0.41	T 2.08	1.55	-9.82	-10.19
2019	T 5.76	2.10	3.45	3.20	-2.44	T 3.13	1.73	2.53	0.57	T -0.16	1.39	1.35	24.76
2020	1.12	-8.21	-10.84	T 8.80	2.79	T -1.68	T 6.83	4.88	-2.36	T -3.41	T 5.79	-0.07	7.95
2021	-3.94	-1.33	T 6.83	2.35	0.94	-0.85	T 2.51	1.47	-5.23	T 3.23	-1.50	10.24	15.57
2022	-1.47	-1.32	T 1.92	1.29	-2.81	-1.80	T 1.73	-3.06	-9.24	T 7.16	6.45	-2.98	-3.31
2023	-0.71	-3.09	T 4.49	3.12	-6.23	2.15	1.34	-3.42	-4.62	-0.70	T 4.23	1.52	-3.02
2024	0.11	0.05	2.55	T -0.33	3.09	-0.94	T 2.38	5.01	-0.11	-3.14	T 3.83	-5.43	7.92
2025	0.78	T 4.78	-2.22	T 0.05	2.11	-2.30	T -2.68	T 0.77	-2.83	T -2.52	T 4.88	-2.03	-0.88
2026	7.49	6.52	-7.59	3.50	T -1.50	T 1.27	T 2.10	1.33					10.68

T A T badge marks a Trendchange signal in that month. Hover for entry price.

Trendchange Signal History

The last 10 Trendchange signals for XLP:

Date	Entry Price	Days Held	+10d	+20d	+30d	+60d
07.07.26	$84.86	10d	+0%	+0%	-0.21%	+0%
29.06.26	$84.37	2d	+0.02%	+0%	+0%	+0%
11.06.26	$85.27	2d	-2.31%	+0%	+0%	+0%
04.05.26	$83.54	22d	+1.32%	+1.07%	+2.32%	+0%
26.11.25	$78.91	34d	-0.87%	-1.31%	-1.31%	+7.96%
27.10.25	$79.22	4d	+0%	+0%	-1.78%	+0%
07.08.25	$82.24	20d	+1.19%	-2.08%	-2.08%	-3.59%
03.07.25	$82.18	6d	-1.65%	-1.65%	-0.35%	+0%
17.04.25	$81.87	15d	-0.92%	-0.89%	+1.17%	+0.45%
10.02.25	$79.84	27d	+3.24%	+3.56%	+2.04%	+1.34%

Signal Statistics – Historical Edge

Calculated edge for XLP: 1.59%

Range	N	10d	20d	30d	60d	Signal
3-5%	4	+3.65%	+4.28%	+4.13%	+7.17%	Close
1-3%	13	+1.46%	+2.09%	+3.04%	+5.2%	Hold
0-1%	6	+0.41%	+2.22%	+2.4%	+1.24%	Close
-1-0%	9	-0.73%	-0.83%	+0.38%	+1.62%	Neg
-3-1%	6	-1.99%	-0.81%	+0.13%	+0.92%	Neg

Exit Rules: Stoploss: -10% | Close if below 1% after 10 days

Signal data as of August 21, 2026

MEDIUM ALERT ● Neutral Strength: 5.5

Options Metrics

IV-Rank (52w)

Bottom 20% of the past 52 weeks – options are historically cheap. Conditions favor premium buyers (Long Call, Long Put).

Call / Put Flow

59% / 41%

Call and put premium are roughly balanced. No clear directional bias from options flow.

GEX (Mio.)

-26,996,915.9

Negative GEX: market makers are short gamma. They sell dips and buy rallies, which amplifies moves and increases volatility.

GEX Flip Strike

$85.00 · 1.2%

GEX flip strike is very close to spot price. Crossing this level can trigger a regime change – from suppressed to amplified volatility.

Max Pain

$86.50 · 0.6%

Max Pain is the price at which the most options contracts expire worthless. As expiration approaches, price often gravitates toward this level due to dealer hedging flows.

Spot Price

$85.99

Last traded price at signal calculation time

Gamma Exposure Timeline

Key GEX levels, Max Pain, and unusual activity across weekly and monthly expirations, plotted around the current spot price.

XLP GEX timeline showing put/call gamma pins, max pain and flip strike

Key GEX levels, Max Pain, Anchor, Ceiling and unusual activity across 14-30 DTE, plotted around the current spot price.

Put and call pins mark strikes where dealer gamma exposure concentrates. The GEX flip strike is where dealer hedging shifts from stabilizing (positive gamma) to amplifying (negative gamma) price moves. Max Pain is the strike where the most options expire worthless. Dashed markers flag unusual options activity. Learn how to use these signals in our options strategy guides →

Strategy Setups – You Decide

Based on current options data, one setup stands out. Each strategy has different risk/reward characteristics – the final decision is always yours.

Setup 1 of 1 Long Straddle Full guide →

Why this fits today

IV-Rank at 8% – buying both sides is cost-effective. A subsequent vol expansion or large move benefits both legs simultaneously.

Advantages

✓ Profits from any large directional move without needing to pick a side

✓ Buying when IV is historically cheap reduces the breakeven hurdle

✓ An unexpected vol expansion benefits both the call and put simultaneously

Risks

✕ Requires a significant move to recover the combined premium paid

✕ Theta decay accelerates as expiration approaches

✕ If the stock stays flat, both legs expire worthless

▶ FAQ: Long Straddle

What is a Long Straddle?

A Long Straddle buys a call and a put at the same strike and expiration. It profits from a large move in either direction. When IV is low, the premium cost is reduced, making the breakeven easier to reach on a directional move.

Why buy a straddle when IV is low?

Low IV means you are buying the options cheaply. If IV subsequently rises - due to an event or a directional move - both legs can gain value simultaneously, giving you a double benefit. The key is entering before the vol expansion.

All setups above are personal trade journal observations derived from options flow data. This is not financial advice. The decision to trade, and which strategy to use, is entirely yours.

View full options flow data and historical signals on the Options Flow Analysis Overview →

About State Street Consumer Staples Select Sector SPDR ETF

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.

Fund Overview

Metric	Value
Assets under Management	$17.56 B
Expense Ratio	0.08%
Dividend Yield	2.45%
Portfolio Turnover	8%
YTD Return	1,586.08%
3-Year Return	6.45%
5-Year Return	6.17%

Sector Allocation

Sector	Weight
Consumer Staples	99.4%

Top 10 Holdings

Symbol	Company	Weight
WMT	WALMART INC	11.87%
COST	COSTCO WHOLESALE CORP	9.53%
PG	PROCTER & GAMBLE CO	7.63%
KO	COCA-COLA CO	6.47%
PM	PHILIP MORRIS INTERNATIONAL INC	5.84%
MO	ALTRIA GROUP INC	4.75%
PEP	PEPSICO INC	4.63%
CL	COLGATE-PALMOLIVE CO	4.6%
MDLZ	MONDELEZ INTERNATIONAL INC CLASS A	4.37%
MNST	MONSTER BEVERAGE CORP	3.47%

Frequently Asked Questions – State Street Consumer Staples Select Sector SPDR ETF (XLP)

Disclaimer: All trade history on this page reflects the author's personal trading activity only. This is not financial advice. Past performance is not indicative of future results. See our full Disclaimer.