Consumer Discretionary Select Sector SPDR Fund holds 81 stocks.
The ETF is “fairly concentrated and owns a variety of names that are tied to consumer spending, including retail companies, restaurants, media companies, apparel and luxury goods companies, automobile manufacturers, and leisure firms,” says Robert Goldsborough at Morningstar in an analyst report on the fund.
“Because this fund invests in a variety of companies and industries, it limits investors’ exposure to any single risk factor, meaning that even a disaster at a single company shouldn’t set back this ETF’s performance too far,” Goldsborough said. “Still, this ETF is best treated as a tactical satellite holding to complement a diversified portfolio and for investors looking to bulk up their exposure to the consumer.”
Consumer Discretionary Select Sector SPDR Fund
