Consumer Staples ETFs are Proving Sturdy Again

Consumer staples stocks and exchange traded funds, such as the Consumer Staples Select SPDR (NYSEArca: XLP) and the Vanguard Consumer Staples ETF (NYSEArca: VDC), were expected to face headwinds coming into 2017. The combination of the expected interest rate hikes by the Federal Reserve and a stronger dollar were seen as potential drags on rate-sensitive…Click to read more at ETFtrends.com.