ETF Trends
ETF Trends

Exchange traded funds (ETFs) for the consumer-staples sector could see elevated volume Wednesday after quarterly results from Altria Group (NYSE: MO).

Altria said earnings climbed 15% even though cigarette sales continued to decline, the Associated Press reported. Altria shares traded lower before Wednesday’s opening bell.

The stock is a top holding in Consumer Staples Select Sector SPDR Fund (NYSEArca: XLP) and Vanguard Consumer Staples ETF (NYSEArca: VDC).

Consumer staples are seen as a defensive sector, but a strategist this week said he instead favors healthcare stocks, since consumer companies are seeing input prices rise.

Vanguard Consumer Staples ETF is up 5.6% so far in 2011.

Consumer Staples Select Sector SPDR Fund


The opinions and forecasts expressed herein are solely those of John Spence, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.