There’s a High Price Cover Charge With Staples ETFs
October 23, 2019 at 11:02 AM EDT
The Consumer Staples Select Sector SPDR Fund (XLP), the largest consumer staples ETF, and rival staples ETFs are soaring this year as investors embrace defensive sectors. Regarding XLP, that fund is higher by 20% year-to-date, but some market observers are concerned that the consumer staples...
