Those stocks are not alone in driving XLY and rival discretionary ETFs higher. Coming into Wednesday, Home Depot (NYSE: HD) had surged 10.6% this month and the largest home improvement retailer is higher by another 2.7% today. Amazon (NasdaqGS: AMZN), one of the biggest drags on XLY this year after previously falling into bear market territory, has an August gain of 9.1%. [Home Depot Boosts This ETF]
Although XLY has been on the rise, investors pulled almost $258 million from the ETF over the past week. Still, only five ETFs have added more third-quarter assets than the $1.42 billion tacked on by XLY.
Consumer Discretionary Select Sector SPDR
ETF Trends editorial team contributed to this piece.