The Consumer Staples Select Sector SPDR Fund (XLP)
- Previous Close
80.88 - Open
81.09 - Bid 79.51 x 2900
- Ask 79.52 x 1200
- Day's Range
79.36 - 81.18 - 52 Week Range
68.27 - 84.53 - Volume
10,943,957 - Avg. Volume
9,200,618 - Net Assets 16.81B
- NAV 80.85
- PE Ratio (TTM) 27.12
- Yield 2.63%
- YTD Daily Total Return 14.56%
- Beta (5Y Monthly) 0.59
- Expense Ratio (net) 0.09%
In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
SPDR State Street Global Advisors
Fund Family
Consumer Defensive
Fund Category
16.81B
Net Assets
1998-12-16
Inception Date
Performance Overview: XLP
View MoreTrailing returns as of 11/5/2024. Category is Consumer Defensive.
People Also Watch
Holdings: XLP
View MoreTop 10 Holdings (62.63% of Total Assets)
Sector Weightings
Recent News: XLP
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Research Reports: XLP
View MoreBUY as company raises earnings guidance
Biogen is a biotech company that develops, manufactures, and sells therapies for treating neurological and neurodegenerative diseases. The company is the market leader in multiple sclerosis drugs and launched the first approved treatments for spinal muscular atrophy and Alzheimer's disease. The company also sells products that treat plaque psoriasis, non-Hodgkin's lymphoma, lymphocytic leukemia, and rheumatoid arthritis. Current research continues on MS and has expanded to include neuroimmunology, ophthalmology, lupus, and other neuromuscular and movement disorders. Founded in 1978, the company is located in Cambridge, Massachusetts, employs 7,570 people, and is a component of the S&P 500.
RatingPrice TargetIt's red, white, blue, and green on Wall Street at midday. The major indices
It's red, white, blue, and green on Wall Street at midday. The major indices are higher. The 10-year Treasury note is up 5 bps at 4.36%. Oil is up 1% at $72 per barrel. Argus has done historical research and found that November is the best month of the year for stocks. Since 1980, November has been up by an average of 2.1%, above the averages for other months. Performance is even better in election years. In the 11 election-year Novembers since 1980, stocks have climbed, on average, 2.6%.
Biogen Earnings: Full-Year Guidance Raised; Early Leqembi Sales Encouraging but Uncertainty Remains
Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva (oncology) and Ocrevus (multiple sclerosis) are marketed via a collaboration with Roche. Biogen markets several multiple sclerosis drugs including Plegridy, Tysabri, Tecfidera, and Vumerity. Biogen's newer products include Spinraza (SMA, with partner Ionis), Leqembi (Alzheimers, with partner Eisai), Skyclarys (Friedreich's Ataxia, Reata), Zurzuvae (postpartum depression, Sage), and Qalsody (ALS, Ionis). Biogen has several drug candidates in phase 3 trials in neurology, immunology, and rare diseases.
RatingPrice TargetBiogen Still Has Competitive Advantages in Neurology, but Its Moat Looks Narrow
Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva (oncology) and Ocrevus (multiple sclerosis) are marketed via a collaboration with Roche. Biogen markets several multiple sclerosis drugs including Plegridy, Tysabri, Tecfidera, and Vumerity. Biogen's newer products include Spinraza (SMA, with partner Ionis), Leqembi (Alzheimers, with partner Eisai), Skyclarys (Friedreich's Ataxia, Reata), Zurzuvae (postpartum depression, Sage), and Qalsody (ALS, Ionis). Biogen has several drug candidates in phase 3 trials in neurology, immunology, and rare diseases.
RatingPrice Target