Even with all the concern regarding higher interest rates, a scenario that was realized earlier this month, rate-sensitive consumer staples stocks and exchange traded funds have been solid performers in 2015. Two of the 14 Dow Jones Industrial Average Stocks that are up this year are staples stocks: Procter & Gamble Inc. (NYSE: PG) and Wal-Mart Stores Inc. (NYSE: WMT).
Add to that, the Consumer Staples Select Sector SPDR (NYSE: XLP) and the Vanguard Consumer Staples ETF (NYSE: VDC) are up 7.7 percent and 6.7 percent, respectively, this year. Those are solid performances, particularly in the face of rising interest rates, but those are from the best showings among staples ETFs. Honors for 2015's best staples go to the PowerShares DWA Consumer Staples Momentum Portfolio (NYSE: PSL), which is up 14 percent year-to-date.
PSL ...
/www.benzinga.com/trading-ideas/long-ideas/15/12/6075292/meet-this-years-best-consumer-staples-etf alt=Meet This Year's Best Consumer Staples ETF>Full story available on Benzinga.com
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