Top performers in S&P500 consumer staples fund - Costco and Walmart

seekingalpha06-30

The Consumer Staples Select Sector SPDR Fund ETF (NYSEARCA:XLP), with 5.8% weightage on the S&P 500, bagged a gain of ~2% in Q2, compared to broader market (SP500) gains of ~4.6%. Consumer staple (XLP...

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Consumer staple (XLP...</p>\n\n<a href=\"https://seekingalpha.com/news/4119965-xlp-q2-update-costco-and-walmart-remain-best-performers\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top performers in S&P500 consumer staples fund - Costco and Walmart</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop performers in S&P500 consumer staples fund - Costco and Walmart\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-30 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4119965-xlp-q2-update-costco-and-walmart-remain-best-performers><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Consumer Staples Select Sector SPDR Fund ETF (NYSEARCA:XLP), with 5.8% weightage on the S&P 500, bagged a gain of ~2% in Q2, compared to broader market (SP500) gains of ~4.6%. Consumer staple (XLP...</p>\n\n<a href=\"https://seekingalpha.com/news/4119965-xlp-q2-update-costco-and-walmart-remain-best-performers\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLP","symbol_name":"消费品指数ETF-SPDR主要消费品","start_time":0,"source_url":"https://seekingalpha.com/news/4119965-xlp-q2-update-costco-and-walmart-remain-best-performers","article_id":"2447063346","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/171366863/image_171366863.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2447063346","pubTimestamp":1719756300,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"The Consumer Staples Select Sector SPDR Fund ETF (NYSEARCA:XLP), with 5.8% weightage on the S&P 500, bagged a gain of ~2% in Q2, compared to broader market (SP500) gains of ~4.6%. Consumer staple (XLP","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLP":"消费品指数ETF-SPDR主要消费品","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU0385154629.USD":"贝莱德营养科学基金A2","COST":"好市多","BK4075":"烟草","BK4566":"资本集团","VOO":"Vanguard标普500ETF","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","UPRO":"三倍做多标普500ETF","XLU":"公共事业指数ETF-SPDR","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","SH":"标普500反向ETF","FSTA":"Fidelity MSCI Consumer Staples Index ETF","PSL":"Invesco Dorsey Wright Consumer Staples Momentum ETF","TSN":"泰森食品","WMT":"沃尔玛","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","KDP":"Keurig Dr Pepper Inc","FXG":"First Trust Consumer Staples Alphadex Fund","DLTR":"美元树公司","LW":"Lamb Weston Holdings, Inc.","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC",".SPX":"S&P 500 Index","PM":"菲利普莫里斯","VDC":"日常消费品ETF-Vanguard","OEX":"标普100","KXI":"iShares S&P Global Consumer Stap","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","XLC":"Communication Services Select Sector SPDR Fund","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","SPY":"标普500ETF","LU0149725797.USD":"汇丰美国股市经济规模基金","EL":"雅诗兰黛","TAP":"莫库酒业","FDN":"First Trust Dow Jones Internet I","IYK":"iShares U.S. Consumer Staples ETF","SDS":"两倍做空标普500ETF","TGT":"塔吉特","XLK":"高科技指数ETF-SPDR","BF.B":"布朗霍文"},"translate_title":"S&P 500必需消费品基金中表现最佳的公司——Costco和沃尔玛","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BF.B":1,"XLU":1,"XLP":1,"XLK":1,"XLC":1,"WMT":1,"VDC":1,"TSN":1,"TGT":1,"TAP":1,"SPY":1,"PSL":1,"PM":1,"LW":1,"KXI":1,"KDP":1,"IYK":1,"FXG":1,"VIXmain":1,"ESmain":1,"FSTA":1,"EL":1,"DLTR":1,"COST":1,"VOO":0.73,"FDN":0.73,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,".SPX":0.6,"OEX":0.6,"OEF":0.6,"IVV":0.6},"content_text":"The Consumer Staples Select Sector SPDR Fund ETF (NYSEARCA:XLP), with 5.8% weightage on the S&P 500, bagged a gain of ~2% in Q2, compared to broader market (SP500) gains of ~4.6%. Consumer staple (XLP) was the fourth-best performer in Q2, only lagging behind technology (XLK), utilities (XLU), and communications sectors (XLC). The XLP Fund (XLP) has about $15.8B in AUM and saw a net inflow of $18.4M in Q2, versus SPY's (SPY) net outflow of $15.6B in Q2. Q2: Best and worst performers The best-performing staple stock in Q2 was Costco Wholesale (NASDAQ:COST), up 16% after impressive Q1 results. Walmart (NYSE:WMT) and Philip Morris (PM) gained about 12.5% and 10%, respectively, in Q2. However, Walmart's (WMT) CFO recently spooked investors with comments like, “Not every quarter is going to be as good as the last quarter.”  Other gainers included Keurig Dr Pepper (KDP) and Colgate-Palmolive, which were up 8.9% and 7.6%, respectively, in Q2. The worst-performing stocks were Estée Lauder Companies (EL) and Molson Coors Beverage (TAP), down 31% and 24%, respectively. Among others were Lamb Weston (LW), Dollar Tree (DLTR), and Target (TGT) that dropped 21%, 19%, and 16%, respectively. A look at Quant rating Tyson Foods (TSN) has the highest quant rating score of 4.75, with the highest factor grades given to revisions; beverage giant Coca-Cola has a rating of 4.58 with the highest factor grade to profitability.  The lowest quant rated stocks were Lamb Weston (LW) and Brown-Forman (BF.B) with scores of 2.01 and 1.89, respectively, with lowest factor grades given to valuation and revisions. The broader Consumer Staples Select Sector SPDR Fund ETF (XLP) gets a quant score of 3.15. Industry-wise The S&P 500 Food Beverage & Tobacco Index dropped ~1.1%, while S&P 500 Food & Staples Retailing Index gained ~6.2% and Household & Personal Products Index gained ~0.24%. Analyst comments Talking about consumer staples performance, J.P. Morgan analyst Mislav Matejka wrote, “This, along with foreign exchange and some margin beats, have prompted our sector analysts to upgrade their EPS growth forecast by 2%, and expect further acceleration in Q2. They expect margins to improve this year, on clear volume recovery and on declining COGS (cost of goods sold).” after witnessing stronger Q1 with improved volumes and resilient pricing.  Seeking alpha contributor Hawkinvest commented, \"These types of companies are typically recession-resistant, and with cracks developing in the economy, this ETF could offer strong relative performance going forward.\" Other consumer staple ETFs: (VDC), (FXG), (IYK), (KXI), (VDC), (FSTA), (PSL)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2447063346"}