I do the “ETF of the Week” for MarketWatch every week on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.
On Thursday, I highlighted the Staples Select Sector SPDR Fund (NYSEArca: XLP). As a defensive sector, the consumer staples helps even out volatility in a diversified investment portfolio.
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To access previous podcasts, take a look at our podcasts category.
The opinions and forecasts expressed herein are solely those of Tom Lydon, 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.