The Consumer Discretionary Select Sector SPDR Fund, known as XLY, is a U.S.-based exchange-traded fund (ETF) managed by SSGA Funds Management, Inc. It focuses on investing in a wide range of U.S. consumer discretionary companies, covering various sectors from retail to entertainment. The fund aims to mirror the performance of the Consumer Discretionary Select Sector Index, employing a strategy that includes both growth and value stocks across different market caps. Launched in 1998, XLY offers investors exposure to the consumer services sector through a single investment.

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