State Street Consumer Discretionary Select Sector SPDR ETF (XLY) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Boston, United States.
XLY has IPO date of 1998-12-22, listed on the NYSE, a market capitalization of $22.64B.
State Street Consumer Discretionary Select Sector SPDR ETF (XLY) is a non-diversified fund that employs a replication strategy to track the consumer discretionary sector. The fund invests at least 95% of its total assets in securities that comprise its underlying index, which spans multiple consumer-focused industries including retail, hospitality, apparel and luxury goods, household durables, automobiles, auto components, distributors, leisure products, and diversified consumer services. By closely mirroring the index composition, the fund aims to provide investors with broad exposure to discretionary consumer spending trends across the market.