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Asset Summary

Daily Performance Report for XLY ETF: Dec 9, 2024

Summary: The day started with XLY ETF opening at $233.3 and closing at $232.15. The ETF showed weakness throughout the day, with the highest price observed at $235.57 and the lowest at $231.23. The underlying asset had a trading range of $4.34 Overall, it was a negative trading day for XLY ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-1.15 or -0.49% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for XLY ETF was 3,208,013 units during Dec 9, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $233.3.

Highest Price: The highest price observed during the day was $235.57.

Lowest Price: The lowest price observed during the day was $231.23.

Closing Price: The day ended at $232.15.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Shares of XLY can be purchased through a brokerage account, similar to other stocks and ETFs. It is traded on the New York Stock Exchange (NYSE) under the ticker symbol "XLY."

XLY is rebalanced quarterly to align with changes in the Consumer Discretionary Select Sector Index. This ensures the ETF continues to accurately reflect the index.

XLY is managed by State Street Global Advisors. The fund replicates the Consumer Discretionary Select Sector Index by holding the same stocks in similar proportions. Management involves periodic rebalancing to ensure accurate reflection of the index.

As of the latest update, XLY has an expense ratio of approximately 0.12%. This fee is deducted from the fund’s assets to cover management costs.

XLY is designed to track the Consumer Discretionary Select Sector Index closely. Its performance should be very similar to the index, with minor variations due to tracking error and management fees.

XLY typically distributes dividends on a quarterly basis, derived from the income generated by the underlying stocks in the ETF’s portfolio.

Yes, investing in XLY carries sector risk and market risk. It focuses on the consumer discretionary sector, which can be affected by economic downturns, changes in consumer preferences, and overall economic conditions.

Key performance metrics for XLY include its net asset value (NAV), expense ratio, total return, and tracking error. NAV indicates the per-share value of the ETF, the expense ratio shows the management cost, total return measures overall performance including dividends, and tracking error reveals how closely XLY follows the index.

Yes, XLY can be held in retirement accounts such as IRAs or 401(k)s. It offers targeted exposure to the consumer discretionary sector within a retirement portfolio.

Historically, XLY has shown performance reflective of the consumer discretionary sector’s trends. Performance can vary based on economic conditions, consumer spending patterns, and the performance of individual companies within the sector.

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