What is XLP and what does it track?

State Street Consumer Staples Select Sector SPDR ETF (XLP) is an exchange-traded fund focused on the Consumer Defensive sector, managing $17.56B in assets. The fund has been trading since 1998-12-16. 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 i...

How large is XLP and what does it cost to hold?

XLP currently manages $17.56B in assets. The annual expense ratio (TER) is 0.08%, deducted directly from fund assets. Portfolio turnover stands at 8%, reflecting how frequently holdings are replaced within a year. Lower expense ratios compound favorably over time – a 0.08% TER on a 10-year holding period adds up to meaningfully less drag than a 0.5% fund.

What are the largest holdings in XLP?

XLP allocates 99.4% of its portfolio to Consumer Staples. The three largest holdings are WMT (11.9%), COST (9.5%), PG (7.6%). Concentration in the top holdings means single-name events in these positions can have an outsized effect on the ETF's price.

Does XLP pay dividends or distributions?

XLP currently distributes a yield of 2.45%. ETF distributions are typically passed through from dividends and interest generated by the underlying holdings. The actual payout frequency depends on the fund structure – most sector ETFs distribute quarterly.

What is XLP's historical performance?

Reported performance for XLP: year-to-date 15.86%, 3-year cumulative 6.45%, 5-year cumulative 6.17%. Past performance is not indicative of future results. Returns reflect price changes only and may differ from total return figures that include distributions.

What is the current trend signal for XLP?

As of the most recent session, XLP closed at $81.70. The swing trend is negative with ADX at 15.1 (weak trend strength). Momentum is bearish and has been running for 26 trading days. A Golden Cross is in place All data is updated once per trading day after the US market closes.

When was the last Trendchange signal for XLP?

The most recent Trendchange signal for XLP fired on 07.07.26 at $84.86. The position has been open for 4 trading days. Performance after 10 days: -0.55%. The system's historical edge across 101 tracked signals is +2.04%. Trendchange signals are based on proprietary moving average crossover logic applied to end-of-day price data.

XLP – State Street Consumer Staples Select Sector SPDR ETF

ETF

Consumer Defensive | Inception: 1998-12-16

Quick Stats

Trend Signal

$81.70

Last Close

Official EOD price – basis for all calculations

▼ Short

Swing Trend

Moving average structure confirms downtrend – bears in control

+2.04%

Signal Edge

Slim positive edge across 10 signals – treat with caution

15.1

Trend Strength (ADX)

Weak / ranging – trend signals less reliable

Options Signals

29%

IV-Rank (52w)

IV in normal range – no clear vol edge

23% / 77%

Call / Put Flow

Bearish positioning – put premium dominates options flow

Last Trendchange Signal

07.07.26

Date

Signal entry date

$84.86

Entry Price

Closing price at signal date

Days Held

Trading days since signal

-0.55%

+10d

Return after 10 trading days

-0.55%

+20d

Return after 20 trading days

-0.55%

+30d

Return after 30 trading days

-0.55%

+60d

Return after 60 trading days

Trend Overview

Neutral – No Clear Edge Composite Score: 0 / 7

XLP is in a neutral phase with no clear directional edge. Trend and momentum indicators are roughly balanced between positive and negative readings.

What to watch

No actionable setup is present. The market is not offering a clean edge in either direction. Patience is the discipline here.

XLP Price Chart

Technical Trend Analysis

As of 07.10.2026 · Close: $81.70 · ATR14: $1.16

Neutral – No Clear Edge Composite Score: 0 / 7

XLP is in a neutral phase with no clear directional edge. Trend and momentum indicators are roughly balanced between positive and negative readings.

What to watch

No actionable setup is present. The market is not offering a clean edge in either direction. Patience is the discipline here.

Indicator	Signal	Detail
Swing Trend	▼ Short	Primary directional bias
Momentum	▼ Down · -26d	Strength: -0.16 – Rising
Trend Strength (ADX)	15.1 – Weak	ADX38: 14.4
Volatility (HV30)	11.6% – Calm	HV90: 15.9% \| HV180: 15.4%
Vola Compression	None	Normal range
MA Structure	Golden Cross ✓	Stack: Partially aligned (1/3)
EMA21 Distance	-0.62 ATR ↑	EMA21: $81.92
GD200 Extension	-2.1 ATR – Normal	GD20: -0.6 \| GD50: -2.5 \| GD100: -2.6

📉 Downside Momentum Intensifying

Downward momentum active for -26 days and still building (-0.16). Selling pressure is not easing.

⚪ Trend Strength – ADX14: 15.1 (Weak)

Weak or ranging market. ADX38: 14.4. Trend-following signals carry lower reliability.

🔻 Volatility Calm

HV30: 11.6% | HV90: 15.9% | HV180: 15.4%. Short-term vol is below its 90-day average. Calmer conditions favour tighter setups.

⭐ Golden Cross – Long-term Bullish

Golden Cross in place. GD50 $84.14 above GD200 $83.76 by 0.46%. Long-term structure is bullish. MA stack: Partially aligned (1/3).

📈 EMA21 – Trend Accelerating

Price is pulling away from the EMA21 ($81.92) with -0.62 ATR distance and growing.

📐 Key Price Levels & ATR Distance

GD20: $82.26 (-0.6 ATR) | GD50: $84.14 (-2.5 ATR) | GD100: $84.19 (-2.6 ATR) | GD200: $83.76 (-2.1 ATR). ATR14: $1.16.

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	0.14	-5.45	1.71			5.16

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

XLP - Trendchange Chart

Trendchange Signal History

The last 10 Trendchange signals for XLP:

Date	Entry Price	Days Held	+10d	+20d	+30d	+60d
07.07.26	$84.86	4d	-0.55%	-0.55%	-0.55%	-0.55%
29.06.26	$84.37	1d	+0%	+0%	+0%	+0%
11.06.26	$85.27	2d	-2.31%	+0%	+0%	+0%
04.05.26	$83.54	22d	+1.32%	+1.07%	+1.07%	+0%
26.11.25	$78.91	17d	-0.87%	-1.31%	-1.31%	-1.31%
27.10.25	$79.22	3d	+0%	+0%	+0%	+0%
07.08.25	$82.24	20d	+1.19%	-2.08%	-2.08%	-2.08%
03.07.25	$82.18	3d	-1.65%	-1.65%	-1.65%	+0%
17.04.25	$81.87	8d	-0.92%	-1.17%	-1.17%	-1.17%
10.02.25	$79.84	27d	+3.24%	+3.56%	+2.04%	+2.04%

Signal Statistics - Historical Edge

Calculated edge for XLP: 2.04%

Range	N	10d	20d	30d	60d	Signal
3-5%	10	+3.86%	+4.04%	+4.54%	+4.91%	Hold
1-3%	25	+1.56%	+1.85%	+2.24%	+2.53%	Hold
0-1%	17	+0.53%	+1.32%	+1.16%	+1.17%	Close
-1-0%	26	-0.51%	-0.46%	-0.47%	-0.14%	Neg
-3-1%	19	-1.89%	-1.23%	-0.56%	+0.25%	Neg
-5-3%	4	-3.29%	-1.81%	-2.07%	-0.41%	Neg

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

Signal data as of October 7, 2026

MEDIUM ALERT ● Neutral Strength: 4

Options Metrics

IV-Rank (52w)

29%

IV is in its normal historical range – no structural vol edge in either direction.

Call / Put Flow

23% / 77%

More than 60% of options premium is flowing into puts. This indicates net bearish positioning by market participants.

GEX (Mio.)

2,320,899.3

Positive GEX: market makers are long gamma. They buy dips and sell rallies, which suppresses volatility and keeps price in a range.

GEX Flip Strike

$82.00 · 0.4%

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

Max Pain

$82.00 · 0.4%

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

$81.70

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 →

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	15.86%
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.