Coca Cola, Procter & Gamble, and Walmart ETF Is Promising

MarketsMuse blog update profiles a safe ETF that thrives with the market during the good times and is safe during the bad times. The Consumer Staples Select Sector SPDR ETF (XLP), whose top three holdings are Procter and Gamble, Coca Cola, and Walmart, is the best ETF to invest in. This MarketsMuse blog update is courtesy of Investopedia with an excerpt below. 

If you’re looking for a safe investment that’s highly likely to appreciate during good times and capable of holding its own during the worst of times, then you have come to the right place. The Consumer Staples Select Sector SPDR ETF (XLP) is one of the most appealing exchange-traded funds (ETF) in the ETF universe for those who are looking for an investment opposed to a trade.

XLP Basics

IPO Date: Dec. 16, 1998 (Up 82.65% since IPO)

Total Assets: $8.10 billion (as of 4/2/15)

Yield: 2.33% (fairly generous)

Expense Ratio: 0.15% (well below average)

Annual Holdings Turnover: 3.94% (not too actively managed, demonstrates poise)

Purpose: Tracks the performance of the Consumer Staples Sector Index

Top 3 Holdings:

The Procter & Gamble Co. (PG): 12.39% of assets

The Coca-Cola Co. (KO): 8.93% of assets

WalMart Stores Inc. (WMT): 7.28% of assets

To read more about XLP from Investopedia, click here.