RHS is up 5.2% this year. The $2.66 billion First Trust Consumer Staples AlphaDEX Fund (NYSEArca: FXG), 2014’s best-performing consumer staples ETF, is up 6.2% this year.

Another way of looking at FXG is that the ETF has benefited from the long-standing out-performance of mid-caps relative to broader U.S. indices. By not being heavily allocated to the most popular staples names, such as Procter & Gamble and Coca-Cola (NYSE: KO), FXG is able to offer more of a growth feel to a sector more associated with defense, not growth. [Super Staples ETFs]

Walgreens Boost Alliance (NYSE: WBA) is the only top 10 holding FXG and XLP share in common. However, FXG I home to decent weights to rumored acquisitions targets, including Monster Beverage (NasdaqGS: MNST), Hain Celestial (NasdaqGS: HAIN) and WhiteWave Foods (NYSE: WWAV).

S&P Capital IQ rates FXG marketweight.

Consumer Staples Select Sector SPDR