What is XLY and what does it track?

State Street Consumer Discretionary Select Sector SPDR ETF (XLY) is an exchange-traded fund focused on the Consumer Cyclical sector, managing $22.74B in assets. The fund has been trading since 1998-12-16. The Advisor employs a replication strategy. The fund 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 identifi...

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

XLY currently manages $22.74B in assets. The annual expense ratio (TER) is 0.08%, deducted directly from fund assets. Portfolio turnover stands at 10%, 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 XLY?

XLY allocates 98.8% of its portfolio to Consumer Discretionary. The three largest holdings are AMZN (22.2%), TSLA (19.2%), HD (6.1%). Concentration in the top holdings means single-name events in these positions can have an outsized effect on the ETF's price.

Does XLY pay dividends or distributions?

XLY currently distributes a yield of 0.73%. 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 XLY's historical performance?

Reported performance for XLY: year-to-date -2.11%, 3-year cumulative 16.35%, 5-year cumulative 6.42%. 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 XLY?

As of the most recent session, XLY closed at $111.36. The swing trend is negative with ADX at 5.5 (weak trend strength). Momentum is bullish and has been running for 1 trading days. No Golden Cross is currently active All data is updated once per trading day after the US market closes.

When was the last Trendchange signal for XLY?

The most recent Trendchange signal for XLY fired on 03.08.26 at $118.21. The position has been open for 16 trading days. Performance after 10 days: -0.01%. The system's historical edge across 82 tracked signals is +8.18%. Trendchange signals are based on proprietary moving average crossover logic applied to end-of-day price data.

XLY – State Street Consumer Discretionary Select Sector SPDR ETF

ETF

Consumer Cyclical | Inception: 1998-12-16

Quick Stats

Trend Signal

$111.36

Last Close

Official EOD price – basis for all calculations

▼ Short

Swing Trend

Moving average structure confirms downtrend – bears in control

+8.18%

Signal Edge

Slim positive edge across 3 signals – treat with caution

5.5

Trend Strength (ADX)

Weak / ranging – trend signals less reliable

Options Signals

17%

IV-Rank (52w)

Options are historically cheap – premium buying favored

32% / 68%

Call / Put Flow

Bearish positioning – put premium dominates options flow

Last Trendchange Signal

03.08.26

Date

Signal entry date

$118.21

Entry Price

Closing price at signal date

16d

Days Held

Trading days since signal

-0.01%

+10d

Return after 10 trading days

-0.89%

+20d

Return after 20 trading days

-0.89%

+30d

Return after 30 trading days

-0.89%

+60d

Return after 60 trading days

Trend Overview

Neutral – No Clear Edge Composite Score: -1 / 7

XLY 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.

Options Signal Highlight

LOW Strength 3.5 Long Put 📖 View full options analysis →

XLY Price Chart

Technical Trend Analysis

As of 07.10.2026 · Close: $111.36 · ATR14: $1.32

Neutral – No Clear Edge Composite Score: -1 / 7

XLY 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	▲ Up · 1d	Strength: 0.04 – Rising
Trend Strength (ADX)	5.5 – Weak	ADX38: 24.8
Volatility (HV30)	15.1% – Calm	HV90: 19.8% \| HV180: 19.6%
Vola Compression	None	Normal range
MA Structure	Death Cross ✗	Stack: No MAs aligned
EMA21 Distance	~0 ATR – Near line	EMA21: $110.75
GD200 Extension	-3.2 ATR – Normal	GD20: 0.4 \| GD50: -2.0 \| GD100: -2.6

🚀 Momentum Accelerating

Upward momentum active for 1 days and still gaining strength (current: 0.04). Trend is building, not fading.

⚪ Trend Strength – ADX14: 5.5 (Weak)

Weak or ranging market. ADX38: 24.8. Trend-following signals carry lower reliability.

🔻 Volatility Calm

HV30: 15.1% | HV90: 19.8% | HV180: 19.6%. Short-term vol is below its 90-day average. Calmer conditions favour tighter setups.

💀 Death Cross – Long-term Bearish

Death Cross in place. GD50 $114.40 below GD200 $116.22. Long-term structure remains bearish. MA stack: No MAs aligned.

🎯 EMA21 – Reaction Zone

Price is within 0.5 ATR of the EMA21 at $110.75. Watch for a decisive bounce or break.

📐 Key Price Levels & ATR Distance

GD20: $110.83 (0.4 ATR) | GD50: $114.40 (-2.0 ATR) | GD100: $115.32 (-2.6 ATR) | GD200: $116.22 (-3.2 ATR). ATR14: $1.32.

Monthly Performance History

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2010	-3.57	4.24	6.20	5.29	-8.89	-8.30	7.00	-5.95	7.36	5.41	2.74	1.89	26.52
2011	-1.77	4.72	1.36	3.22	-0.59	2.12	-3.31	-4.77	-5.71	15.29	1.43	1.22	4.75
2012	5.04	4.15	3.90	0.88	-6.10	5.24	-0.85	5.03	3.35	-1.50	2.01	0.99	22.62
2013	3.55	1.01	4.14	3.83	3.32	0.37	4.55	-4.32	4.69	3.76	3.22	2.78	39.84
2014	-5.58	9.25	-1.94	-2.71	2.49	1.63	-2.33	4.82	-2.97	3.48	5.46	2.01	9.95
2015	-2.30	7.58	-1.65	0.39	-0.06	0.26	3.69	-6.21	2.00	8.22	-0.69	-3.84	10.69
2016	-3.54	-0.18	3.93	-0.28	-1.35	-1.06	3.50	-1.46	-0.47	-2.37	5.54	0.00	7.83
2017	3.58	2.02	1.00	2.82	0.97	-2.18	2.04	-2.02	0.36	1.92	5.04	2.49	22.08
2018	7.59	-2.39	T -1.32	T 5.34	1.85	2.87	1.65	5.63	0.35	-9.83	0.44	T -9.64	0.06
2019	T 9.03	2.81	2.82	4.32	-6.47	T 8.72	0.39	0.43	T 1.69	T 0.97	0.66	T 3.62	27.42
2020	-1.26	-8.22	-17.73	T 24.44	10.64	2.11	6.21	9.79	-2.88	T -3.98	T 9.21	1.67	28.10
2021	1.62	-3.04	T 2.07	5.61	-2.94	T 3.66	0.49	T 1.49	-2.14	11.26	-0.19	T 1.98	29.01
2022	-12.05	-4.65	T 6.04	-12.07	-6.49	-9.89	T 16.30	-4.96	-9.04	1.01	2.53	-11.39	-38.05
2023	T 15.82	-3.94	4.38	T 2.06	3.56	10.70	1.09	-0.62	T -5.12	-5.59	T 9.61	4.51	42.87
2024	-3.52	T 5.86	-0.61	-3.78	T 0.83	3.70	2.44	T 2.31	8.57	-1.34	11.10	0.05	26.64
2025	T 4.86	-5.74	-6.85	T -1.13	7.79	1.41	1.45	7.24	4.19	T -0.50	-2.36	T 0.94	7.87
2026	2.38	-4.19	-5.58	T 7.79	1.89	-0.77	-1.69	T -1.37	-5.02	2.34			-5.91

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

XLY - Trendchange Chart

Trendchange Signal History

The last 10 Trendchange signals for XLY:

Date	Entry Price	Days Held	+10d	+20d	+30d	+60d
03.08.26	$118.21	16d	-0.01%	-0.89%	-0.89%	-0.89%
14.04.26	$116.44	12d	+1.2%	+2.52%	+1.92%	+1.92%
02.12.25	$118.22	33d	+2.97%	+1.81%	+1.81%	+1.81%
24.10.25	$118.83	12d	-0.91%	+0.12%	+0.12%	+0%
29.04.25	$99.53	29d	+6.73%	+8.94%	+7.94%	+7.94%
30.01.25	$116.60	4d	-1.34%	-1.34%	-1.34%	-1.34%
21.08.24	$93.78	30d	-1.34%	+2.77%	+5.5%	+5.12%
07.05.24	$89.26	8d	-0.64%	-1.05%	-1.05%	-1.05%
09.02.24	$89.95	24d	+0.77%	+0.23%	+0.23%	+0.23%
10.11.23	$80.70	57d	+4.24%	+7.3%	+11.2%	+9.76%

Signal Statistics - Historical Edge

Calculated edge for XLY: 8.18%

Range	N	10d	20d	30d	60d	Signal
7-10%	3	+8.25%	+11.19%	+12.8%	+11.35%	Hold
5-7%	1	+6.73%	+8.94%	+7.94%	+7.94%	Close
3-5%	7	+3.83%	+4.69%	+6.71%	+6.33%	Close
1-3%	21	+1.96%	+2.64%	+2.35%	+2.92%	Close
0-1%	14	+0.55%	+1.35%	+1.29%	+1.63%	Close
-1-0%	12	-0.54%	-0.05%	+0.3%	+1.72%	Neg
-3-1%	14	-1.81%	-0.66%	-0.01%	+0.3%	Neg
-5-3%	9	-3.48%	-3.44%	-2.93%	-1.56%	Neg
-7-5%	1	-6.08%	-6.08%	-6.08%	-6.08%	Neg

Exit Rules: Stoploss: -10% | Close if below 7% after 10 days

Signal data as of October 7, 2026

LOW ALERT ● Neutral Strength: 3.5

Options Metrics

IV-Rank (52w)

17%

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

Call / Put Flow

32% / 68%

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

GEX (Mio.)

-20,982.6

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

Max Pain

$110.00 · 1.2%

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

$111.36

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.

XLY 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, 2 setups match the current conditions. Each strategy has different risk/reward characteristics – the final decision is always yours.

Setup 1 of 2 Long Put Full guide →

Why this fits today

IV-Rank at 17% – options are historically cheap. Bearish flow (32% calls) supports buying downside premium at below-average cost.

Advantages

✓ Profits from significant downside moves with limited maximum risk

✓ Cheap entry when IV-Rank is historically low

✓ Can be used as portfolio protection against existing long positions

Risks

✕ Time decay erodes value daily – timing the entry matters

✕ Needs a substantial move below the strike to be profitable

✕ Full premium is lost if the stock stays above the strike

▶ FAQ: Long Put

What is a Long Put?

A Long Put gives the buyer the right to sell the underlying at the strike price before expiration. It is a bearish strategy with maximum loss limited to the premium paid. It is often used as a hedge against existing long positions.

When is buying puts most cost-effective?

Buying puts when IV-Rank is low means you are purchasing protection at below-average cost. Many traders fail to hedge when volatility is cheap and scramble to buy expensive puts when fear spikes. Buying puts proactively when IV is historically low is a disciplined risk management approach.

Setup 2 of 2 Long Straddle Full guide →

Why this fits today

IV-Rank at 17% – 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 Discretionary Select Sector SPDR ETF

The Advisor employs a replication strategy. The fund 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 Discretionary companies by the Global Industry Classification Standard (GICS®). It is non-diversified.

Fund Overview

Metric	Value
Assets under Management	$22.74 B
Expense Ratio	0.08%
Dividend Yield	0.73%
Portfolio Turnover	10%
YTD Return	-2.11%
3-Year Return	16.35%
5-Year Return	6.42%

Sector Allocation

Sector	Weight
Consumer Discretionary	98.8%
Financials	0.9%

Top 10 Holdings

Symbol	Company	Weight
AMZN	AMAZON.COM INC	22.22%
TSLA	TESLA INC	19.22%
HD	THE HOME DEPOT INC	6.09%
MCD	MCDONALD'S CORP	4.96%
TJX	TJX COMPANIES INC	4.25%
BKNG	BOOKING HOLDINGS INC	3.37%
LOW	LOWE'S COMPANIES INC	3.37%
SBUX	STARBUCKS CORP	2.74%
ORLY	O'REILLY AUTOMOTIVE INC	1.91%
MAR	MARRIOTT INTERNATIONAL INC CLASS A	1.74%

Frequently Asked Questions – State Street Consumer Discretionary Select Sector SPDR ETF (XLY)

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.