1 Magnificent S&P 500 Dividend Stock Down 10% to Buy and Hold Forever
2026-03-07 13:50:00 ET
In a scenario that was nearly unthinkable as recently as last year, the State Street Consumer Staples Select Sector SPDR ETF (NYSEMKT: XLP) is up some 13% year to date. In comparison, the equivalent technology exchange-traded fund (ETF) is saddled with about a 4.5% loss.
That's great for investors who bought the consumer staples ETF late last year or in early 2026, but its credentials as a value fund are debatable. Consider this: Costco Wholesale and Walmart , the ETF's two largest holdings, sport price-to-earnings ratios above Nvidia 's . To be sure, that's an interesting, perhaps concerning factoid.
Mondelez is offering value and dependable dividend growth. Image source: Getty Images.
NASDAQ: XLP
XLP Trading
0.5% G/L:
$84.945 Last:
7,411,565 Volume:
$84.71 Open:
