Dow component Procter & Gamble is usually the largest holding in cap-weighted consumer staples ETFs, such as XLP.
XLP, which holds 34 stocks, has a dividend yield of 2.99%, according to issuer data. That yield will move higher if the ETF’s prices continues faltering.
Rivals to XLP include the Vanguard Consumer Staples ETF (NYSEArca: VDC) and the Fidelity MSCI Consumer Staples Index ETF (NYSEArca: FSTA).
For more information on the consumer sector, visit our consumer staples category.