5 Best Consumer Staples ETFs

4. Consumer Staples Select Sector SPDR Fund (NYSE:XLP)

5-Year Performance as of August 14: 35.28%

The Consumer Staples Select Sector SPDR Fund (NYSE:XLP) aims to replicate the Consumer Staples Select Sector Index’s performance, which consists of companies within the consumer staples sector of the S&P 500 Index. The Consumer Staples Select Sector Index includes companies from the following industries: consumer staples distribution & retail; household products; food products; beverages; tobacco; and personal care products. As of March 2023, the fund managed over $18.14 billion in assets under management and a 30 Day SEC Yield of 2.50%.

PepsiCo, Inc. (NASDAQ:PEP) is a prominent stock holding in the Consumer Staples Select Sector SPDR Fund (NYSE:XLP)’s portfolio. Based in New York, PepsiCo, Inc. (NASDAQ:PEP) is a food company primarily engaged in the production, marketing, and distribution of an extensive array of food and beverage products. At the end of Q2 2023, 68 hedge funds in Insider Monkey’s database reported having stakes in PepsiCo, Inc. (NASDAQ:PEP). These stakes have a consolidated value of over $3.5 billion.