The consumer staples sector is known for decent dividend yields, so the sector is currently trading at one of the highest multiples within the decade. XLP has a dividend yield of 2.4% and is trading at a 20% premium to the SPDR S&P 500 (NYSEArca: SPY), reports Gordon.[Defensive Consumer Staples ETFs for Yield]
Other Retail ETFs:
Tisha Guerrero contributed to this article.