Can the Consumer Staples Sector Steady Your Portfolio? April 6, 2021
With so much talk about the reflation trade and cyclical stocks coming back into focus, defensive sectors like consumer staples are lagging.
However, conservative investors and retirees can find opportunities with assets like the
XLP seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in the Consumer Staples Select Sector Index that includes securities of companies from the following industries: food and staples retailing; household products; food products; beverages; tobacco; and personal products.
“Consumer staples stocks have significantly lagged behind the broader market’s rally over the past year. Now is a good time to scoop up those stocks, according to Morgan Stanley,” reports Jacob Sonenshine for