Consumer Discretionary Stays in Front

Last week’s stock market decline saw equities fall more than 10% from April highs, the level generally recognized as a correction. However, even in a broad pullback, some groups continue to fare better than others.

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One sector outperforming the overall market is Consumer Discretionary stocks.

Despite the correction, the Consumer Discretionary Select Sector SPDR Fund (XLY) remains up 5% over the past 3 months compared to a 2% decline for the SPDR S&P 500 (SPY) over the same time period.

XLY top holdings include such basic barometers of consumer spending as McDonaldsDisney andAmazon.  Home-releated retailers such as Home Depot, Lowes and Target are also top holdings. The ETF carries an expense ratio of 0.21% and has a dividend yield of 1.32%.

The outperformance on the part of the consumer discretionary sector became apparent back in February when consumer stocks surged despite a poor consumer confidence report.  See Consumer Discretionary Sector Pulls Ahead for more.

For more investing choices, see the list of sector ETFs.