The Consumer Discretionary Select Sector SPDR ETF (XLY) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary – Broad segment of the equity market.
— Read on www.nasdaq.com/articles/should-you-invest-in-the-consumer-discretionary-select-sector-spdr-etf-xly-2
Finding Value in ETF's Worth Owning for the Long Haul