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Sunday, August 23, 2026The Morning Brief →Sign in
XLYSPDR

Consumer Discretionary Select Sector SPDR Fund

$116.68-1.61% today
10612552-WK

The Advisor employs a replication strategy. The fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: retail; hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure products; and diversified consumer services. It is non-diversified.

Price & daily flows
120.5115.1109.7116.68DAILY NET FLOWAug 22Dec 18Apr 20Aug 20

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$11.8B OVER THIS RANGE

The desk’s read

Money keeps arriving — +$128M of net buying over the past month, about 0.6% of the fund's asset base, while the price has returned -1.4% so far this year. At 0.090% a year it is not the cheapest way in — SCHD runs the same ground at 0.06%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$23Bassets under management
0.090%expense ratio · $9 per $10,000 a year
+$128Mnet flow, trailing month
6.9Mavg daily volume, 30 days
52holdings · US-domiciled
1998listed December 15, 1998 · beta 1.18
The book at a glance
AMZN-0.6%TSLA+5.1%HD+0.3%MCD+0.7%BKNG-0.1%TJX-0.1%SBUX+3.0%LOW-0.6%DASH+0.5%GM+2.1%ABNB+1.2%MAR-0.1%ROST+4.4%HLT-0.9%ORLY+0.0%RCL+1.5%F+3.0%CVNA-2.3%NKE+1.4%AZO-0.1%GRMN+0.6%CMG+4.6%EBAY-0.5%YUM+0.4%DHI+0.7%EXPECCL+1.4%WSM

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1AMZNAMAZON 22.28%$258.63-0.6%
2TSLATESLA19.69%$362.86+5.1%
3HDHOME DEPOT5.84%$335.61+0.3%
4MCDMCDONALDS4.16%$270.95+0.7%
5BKNGBOOKING HOLDINGS3.45%$209.62-0.1%
6TJXTJX COMPANIES3.93%$140.53-0.1%
7SBUXSTARBUCKS2.91%$107.08+3.0%
8LOWLOWES COMPANIES3.08%$216.09-0.6%
9DASHDOORDASH1.74%$223.49+0.5%
10GMGENERAL MOTORS1.73%$87.93+2.1%
11ABNBAIRBNB1.49%$187.30+1.2%
12MARMARRIOTT2.02%$356.39-0.1%
13ROSTROSS STORES1.71%$239.04+4.4%
14HLTHILTON WORLDWIDE HOLDINGS1.88%$326.63-0.9%
15ORLYO REILLY AUTOMOTIVE1.90%$89.11+0.0%

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Sector weights
Consumer Cyclical98.94%
Consumer Discretionary98.86%
Retail Trade47.88%
Consumer Services23.83%
Consumer Durables21.5%
Consumer Non-Durables4.05%
Distribution Services1.04%
Producer Manufacturing0.85%
Information Technology0.75%
Technology0.69%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States99.25%
Canada1.13%
Switzerland0.75%
Ireland0.65%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.3%
1 month+7.3%
3 months-2.1%
6 months-0.3%
YTD-1.4%
1 year+0.1%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week−$153M
1 month+$128M
3 months+$759M
YTD−$710M
1 year+$11.8B

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
SepOctNovDecJanFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
19%realized volatility, 30 days (annualized)
19%realized volatility, 1 year
-15.1%deepest fall from a peak, 1 year
-6.3%where it sits vs. that peak today

The top holding is 22.3% of the book; the top ten carry 69%. Spread across 49+ names, it behaves like roughly 10 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
2Kcalls today
791puts today
0.36put/call ratio
6Mshares traded
Most-traded holdings, options premiumBullishBearish
TSLA TESLA$842M$785M
AMZN AMAZON $170M$173M
LULU LULULEMON ATHLETICA$8M$62M
CVNA CARVANA$11M$11M
ABNB AIRBNB$5M$7M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against XLY

Due diligence cuts both ways. These funds sit on the same shelf and beat XLY on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-5bp on fee · +$104M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-5bp on fee · +$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M-5bp on fee · +$312M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M-2bp on fee · 8× the assets · +$631M in over the monthHead-to-head
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF0.04%$2.8B+$220M-5bp on fee · +$220M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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