Consumer Discretionary Select Sector SPDR Fund
ALTAR
Score™
4.2% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
52.9x P/Sales
ratio
1.9x
P/BV
ratio
7.2x Div.
yield
1.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Select Sector SPDRŽ holding S&P 500 stocks in the Consumer Discretionary sector. Component industries include Autos & Components; Durables & Apparel; Consumer Services and Retailing. The fund seeks investment results that, before expenses, generally correspond to the price and yield performance of the benchmark index. For product information and a prospectus visit www.sectorspdr.com.

FUND BASICS
Category US Equities
Fund Sponsor State Street Global Advisors
Website www.sectorspdrs.com
Inception date Dec 16, 1998
Assets (mns) $13,171
Currency USD
Expense ratio 13 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 62
Wgt avg mkt cap (mns) $414,852
Large cap (>$10bn) 94.5%
Mid cap ($2-10bn) 5.5%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
AMAZON.COM INC 24.4 %
HOME DEPOT INC 12.6 %
MCDONALD'S CORP 6.4 %
NIKE INC -CL B 5.7 %
LOWE'S COS INC 4.8 %
STARBUCKS CORP 4.0 %
BOOKING HOLDINGS INC. 3.0 %
TJX COMPANIES INC 2.8 %
TARGET CORP 2.8 %
DOLLAR GENERAL CORP 2.2 %
Total 68.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.3 %
IRELAND 1.0 %
SWITZERLAND 0.7 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
2.5% 8.6% 12.4% 17.6% 9.0%

Market Correlations
versus... Beta R-squared
S&P500 1.19 92%
MSCI EAFE 1.17 78%
MSCI Emg. Mkts. 0.86 67%

Technical Indicators
Recent close $129.00
30d moving avg. $126.80
Annualized volatility 20.9%
Short interest (ETF) 5.2%
Short interest (Underlying) 3.7%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 4,763
Turnover 4.7%
Bid/Ask (% of price) 0.01%
ADV underlying (mns) $38,752

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Consumer Discretionary Select Sector SPDR Fund ETF based on the alternatives' overlap in portfolio holdings with XLY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XLY Expense: 13 bp ALTAR Score™: 4.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XLY
Ticker Fund
Name
Overlap1
vs XLY
(%)
Expense
ratio
(bp)
Savings
vs XLY
(bp)
ALTAR
Score™
(%)
ALTAR
vs XLY
(%)
VCR Vanguard Consumer Discretionary Index Fund 71.7 10 3 4.1 -0.1
FDIS Fidelity MSCI Consumer Discretionary Index ETF 71.4 8 5 3.6 -0.6
IEDI iShares Evolved U.S. Discretionary Spending ETF 60.4 18 -5 3.7 -0.4
JHMC John Hancock Multifactor Consumer Discretionary ETF 58.5 40 -27 4.4 +0.3
RXI iShares Global Consumer Discretionary ETF 55.7 46 -33 5.4 +1.2
IYC iShares U.S. Consumer Services ETF 52.3 42 -29 4.1 -0.0
RTH VanEck Vectors Retail ETF 51.1 35 -22 5.1 +0.9
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 48.4 40 -27 6.8 +2.6
JOYY Infusive Compounding Global Equities ETF 44.4 50 -37 3.9 -0.3
FTXD First Trust Nasdaq Retail ETF 27.4 60 -47 5.2 +1.1
ONLN ProShares Online Retail ETF 26.0 58 -45 1.5 -2.7
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 23.3 60 -47 3.0 -1.1
MILN Global X Millennials Thematic ETF 22.3 50 -37 2.5 -1.7
FXD First Trust Consumer Discretionary AlphaDEX Fund 19.0 64 -51 7.9 +3.7
XRT SPDR S&P Retail ETF 17.5 35 -22 6.9 +2.8
MGK Vanguard Mega Cap Growth ETF 17.3 7 6 4.2 +0.0
VUG Vanguard Growth Index Fund 15.6 4 9 4.1 -0.1
IYK iShares U.S. Consumer Goods ETF 15.3 42 -29 5.4 +1.2
SPXT ProShares S&P 500 Ex-Technology ETF 14.8 27 -14 5.7 +1.6
TMFC Motley Fool 100 Index ETF 14.8 50 -37 3.8 -0.4
VOOG Vanguard S&P 500 Growth ETF 14.6 10 3 4.3 +0.2
SPYG SPDR Portfolio S&P 500 Growth ETF 14.6 4 9 4.4 +0.2
IVW iShares S&P 500 Growth ETF 14.6 18 -5 4.2 +0.1
BVAL Brand Value ETF 14.5 65 -52 6.2 +2.1
ACSI American Customer Satisfaction Core Alpha ETF 14.5 66 -53 5.8 +1.7
FLQL Franklin LibertyQ U.S. Equity ETF 14.5 15 -2 6.4 +2.2
NACP Impact Shares NAACP Minority Empowerment ETF 14.4 75 -62 4.6 +0.5
IWY iShares Russell Top 200 Growth ETF 14.4 20 -7 4.2 +0.0
DIA SPDR Dow Jones Industrial Average ETF Trust 14.2 16 -3 5.7 +1.5
QYLD Global X NASDAQ 100 Covered Call ETF 13.9 60 -47 3.5 -0.7
NUSI Nationwide Risk-Managed Income ETF 13.9 68 -55 3.5 -0.7
RPG Invesco S&P 500 Pure Growth ETF 13.9 35 -22 4.5 +0.3
IUSG iShares Core S&P US Growth ETF 13.8 4 9 4.4 +0.3
STLG iShares Factors US Growth Style ETF 13.7 25 -12 3.7 -0.4
SCHG Schwab U.S. Large-Cap Growth ETF 13.7 4 9 4.2 +0.0
SPMV Invesco S&P 500 Minimum Variance ETF 13.6 10 3 5.9 +1.7
QQQ Invesco QQQ Trust 13.6 20 -7 3.9 -0.3
PNQI Invesco NASDAQ Internet ETF 13.5 62 -49 1.1 -3.0
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 13.4 49 -36 4.9 +0.8
XOUT GraniteShares XOUT U.S. Large Cap ETF 13.3 60 -47 4.5 +0.3
IWF iShares Russell 1000 Growth ETF 13.2 19 -6 4.2 +0.1
VONG Vanguard Russell 1000 Growth Index Fund 13.1 8 5 4.3 +0.1
TTTN UP Fintech China-U.S. Internet Titans ETF 13.0 59 -46 4.4 +0.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 12.9 75 -62 3.9 -0.3
DUSA Davis Select U.S. Equity ETF 12.8 63 -50 5.8 +1.7
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 12.7 60 -47 3.7 -0.4
SPXV ProShares S&P 500 Ex-Health Care ETF 12.7 27 -14 5.1 +0.9
IQSU IQ Candriam ESG US Equity ETF 12.6 9 4 5.2 +1.0
RWL Invesco S&P 500 Revenue ETF 12.6 39 -26 7.3 +3.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 12.6 9 4 5.6 +1.5
LRGE ClearBridge Large Cap Growth ESG ETF 12.5 59 -46 3.9 -0.3
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 12.5 99 -86 2.3 -1.8
SPXN ProShares S&P 500 Ex-Financials ETF 12.4 27 -14 5.0 +0.9
PKB Invesco Dynamic Building & Construction ETF 12.4 60 -47 6.9 +2.7
ITB iShares U.S. Home Construction ETF 12.4 42 -29 8.6 +4.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 12.3 19 -6 5.7 +1.6
SYG SPDR MFS Systematic Growth Equity ETF 12.2 60 -47 4.3 +0.2
OEF iShares S&P 100 ETF 12.1 20 -7 4.9 +0.7
XLG Invesco S&P 500 Top 50 ETF 12.0 20 -7 4.6 +0.4
FDN First Trust Dow Jones Internet Index Fund 12.0 52 -39 2.2 -1.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 11.9 52 -39 5.1 +0.9
ENTR Entrepreneur 30 Fund 11.9 49 -36 2.6 -1.6
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 11.8 75 -62 6.2 +2.1
ACIO Aptus Collared Income Opportunity ETF 11.7 79 -66 4.4 +0.2
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 11.7 21 -8 3.0 -1.2
VIG Vanguard Dividend Appreciation Index Fund 11.6 6 7 5.5 +1.3
SNPE Xtrackers S&P 500 ESG ETF 11.6 11 2 5.2 +1.0
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 11.6 15 -2 6.9 +2.8
RSP Invesco S&P 500 Equal Weight ETF 11.6 20 -7 6.8 +2.7
HOMZ Hoya Capital Housing ETF 11.5 45 -32 7.8 +3.6
XHB SPDR S&P Homebuilders ETF 11.5 35 -22 7.9 +3.7
RAFE PIMCO RAFI ESG U.S. ETF 11.3 29 -16 7.9 +3.8
VSDA VictoryShares Dividend Accelerator ETF 11.3 35 -22 4.9 +0.8
ADME Aptus Drawdown Managed Equity ETF 11.2 81 -68 3.6 -0.5
FDG American Century Focused Dynamic Growth ETF 11.1 45 -32 1.8 -2.4
SPXE ProShares S&P 500 Ex-Energy ETF 11.1 27 -14 5.4 +1.2
NULG Nuveen ESG Large-Cap Growth ETF 11.1 35 -22 3.6 -0.5
AFLG First Trust Active Factor Large Cap ETF 11.1 55 -42 5.6 +1.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 11.1 20 -7 5.4 +1.3
JQUA JPMorgan U.S. Quality Factor ETF 11.0 12 1 5.3 +1.1
CATH Global X S&P 500 Catholic Values Custom ETF 11.0 29 -16 5.3 +1.1
PBP Invesco S&P 500 BuyWrite ETF 11.0 49 -36 5.0 +0.9
RNLC Large Cap US Equity Select ETF 10.9 60 -47 6.3 +2.1
JKD iShares Morningstar Large-Cap ETF 10.9 20 -7 5.7 +1.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 10.9 20 -7 5.0 +0.9
QSY WisdomTree U.S. LargeCap Value Fund 10.9 38 -25 7.0 +2.8
SPLG SPDR Portfolio Large Cap ETF 10.9 3 10 5.5 +1.3
SPY SPDR S&P 500 ETF Trust 10.9 9 4 5.4 +1.3
VOO VANGUARD S&P 500 ETF 10.8 3 10 5.5 +1.3
IVV iShares Core S&P 500 ETF 10.8 4 9 5.5 +1.3
BKLC BNY Mellon US Large Cap Core Equity ETF 10.8 0 13 5.3 +1.2
HSPX Global X S&P 500 Covered Call ETF 10.8 65 -52 4.9 +0.8
JMOM JPMorgan U.S. Momentum Factor ETF 10.7 12 1 3.9 -0.3
IWL iShares Russell Top 200 ETF 10.7 15 -2 5.1 +1.0
IOO iShares Global 100 ETF 10.7 40 -27 4.8 +0.6
MGC Vanguard Mega Cap Index Fund 10.7 7 6 5.3 +1.2
RFFC RiverFront Dynamic US Flex-Cap ETF 10.7 52 -39 4.7 +0.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 10.7 29 -16 6.3 +2.2
SPYB SPDR S&P 500 Buyback ETF 10.7 0 13 0.0 -4.2
PWB Invesco Dynamic Large Cap Growth ETF 10.6 55 -42 3.4 -0.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Consumer Discretionary Select Sector SPDR Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 28.0 %
Divided by: Fwd. P/BV 6.5 x
Less: Expense ratio 13 bp
Equals: ALTAR Score 4.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.38 CATEGORY
AVERAGE
1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.