Daily Performance Report for XLP ETF: Nov 6, 2024
Summary: The day started with XLP ETF opening at $81.24 and closing at $79.55. The ETF showed weakness throughout the day, with the highest price observed at $82 and the lowest at $79.36. The underlying asset had a trading range of $2.64 Overall, it was a negative trading day for XLP ETF, reflecting investor pessimism and market activity.
Change in Closing Price: There was a net decrease of $-1.69 or -2.08% in the closing price from the opening to the closing price over the day.
Volume Analysis: Trading volume for XLP ETF was 18,206,441 units during Nov 6, 2024, indicating active market participation and investor interest.
Opening Price: The day started at $81.24.
Highest Price: The highest price observed during the day was $82.
Lowest Price: The lowest price observed during the day was $79.36.
Closing Price: The day ended at $79.55.
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.
0.27%
Represents the percentage change in asset value over the past month.
3.37%
Indicates the percentage change in asset value over the last three months.
4.91%
The highest percentage drop from the peak value to the lowest point during the observed period.
9.45%
Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.
1.35
Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.
2.59
The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.
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 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:
Type/Period | |
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SMA | |
EMA | |
WMA | |
WEMA |
Pivot Points are used to determine potential support and resistance levels. Here’s a breakdown of the latest Pivot Points for various methods:
Type | S3 | S2 | S1 | PIVOT | R1 | R2 | R3 |
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Technical Indicators are tools used to analyze market trends and make predictions. Here’s a summary of some key indicators:
Indicator | Value | Details |
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Candlestick patterns are crucial in technical analysis, providing visual insights into market sentiment and potential price movements. This section analyzes various candlestick patterns over a specified range of recent candles to identify any significant formations that might indicate future market trends. Each pattern is evaluated based on the latest candle data to determine if it matches known patterns of bullish or bearish signals.
The tool utilizes real-time price data to scan for these patterns, displaying results with timestamps to help understand the context of each detected pattern.
Timestamp | Pattern | Found |
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Pattern | Support |
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This section provides a detailed overview of historical price data for the selected asset. The table below captures key metrics such as open, high, low, and close prices as well as volume and vwap for each trading period. Analyzing historical prices helps in understanding past market trends and volatility, enabling better-informed decisions for future trading strategies.
Timestamp | Open | High | Low | Close | Volume | VWAP | Change |
---|---|---|---|---|---|---|---|
11/06/2024 08:00 PM | 79.59 | 79.73 | 79.53 | 79.59 | 4,909,948 | 79.61 | 0.00 0.00% |
11/06/2024 07:00 PM | 79.53 | 79.67 | 79.48 | 79.59 | 1,037,080 | 79.57 | +0.06 +0.08% |
11/06/2024 06:00 PM | 79.43 | 79.60 | 79.38 | 79.53 | 1,051,216 | 79.48 | +0.10 +0.13% |
11/06/2024 05:00 PM | 79.70 | 79.73 | 79.36 | 79.43 | 1,121,931 | 79.54 | -0.27 -0.34% |
11/06/2024 04:00 PM | 79.51 | 79.82 | 79.48 | 79.71 | 2,354,992 | 79.70 | +0.20 +0.25% |
11/06/2024 03:00 PM | 80.35 | 80.39 | 79.49 | 79.51 | 2,492,293 | 80.04 | -0.84 -1.05% |
11/05/2024 08:00 PM | 80.69 | 80.86 | 80.68 | 80.86 | 1,551,807 | 80.77 | +0.17 +0.21% |
11/05/2024 07:00 PM | 80.71 | 80.78 | 80.63 | 80.69 | 357,067 | 80.70 | -0.02 -0.02% |
11/05/2024 06:00 PM | 80.76 | 80.79 | 80.64 | 80.71 | 290,590 | 80.71 | -0.05 -0.06% |
11/05/2024 05:00 PM | 80.62 | 80.82 | 80.59 | 80.75 | 663,397 | 80.68 | +0.13 +0.16% |
11/05/2024 04:00 PM | 80.58 | 80.66 | 80.50 | 80.61 | 482,652 | 80.57 | +0.03 +0.04% |
11/05/2024 03:00 PM | 80.46 | 80.74 | 80.36 | 80.59 | 685,408 | 80.56 | +0.13 +0.16% |
11/04/2024 08:00 PM | 80.34 | 80.37 | 80.26 | 80.36 | 2,132,432 | 80.31 | +0.02 +0.02% |
11/04/2024 07:00 PM | 80.38 | 80.40 | 80.30 | 80.35 | 410,137 | 80.37 | -0.03 -0.04% |
11/04/2024 06:00 PM | 80.43 | 80.45 | 80.26 | 80.38 | 713,272 | 80.39 | -0.05 -0.06% |
11/04/2024 05:00 PM | 80.23 | 80.46 | 80.18 | 80.44 | 567,714 | 80.36 | +0.21 +0.26% |
11/04/2024 04:00 PM | 80.34 | 80.35 | 80.15 | 80.23 | 719,600 | 80.26 | -0.11 -0.14% |
11/04/2024 03:00 PM | 80.54 | 80.61 | 80.30 | 80.33 | 555,582 | 80.45 | -0.21 -0.26% |
11/01/2024 07:00 PM | 80.28 | 80.29 | 80.05 | 80.13 | 2,154,795 | 80.14 | -0.15 -0.19% |
11/01/2024 06:00 PM | 80.12 | 80.31 | 80.08 | 80.28 | 454,897 | 80.19 | +0.16 +0.20% |
11/01/2024 05:00 PM | 80.22 | 80.34 | 80.10 | 80.12 | 477,898 | 80.20 | -0.10 -0.12% |
11/01/2024 04:00 PM | 80.25 | 80.35 | 80.19 | 80.21 | 917,960 | 80.30 | -0.04 -0.05% |
11/01/2024 03:00 PM | 80.32 | 80.45 | 80.23 | 80.25 | 745,926 | 80.34 | -0.07 -0.09% |
11/01/2024 02:00 PM | 80.15 | 80.42 | 80.09 | 80.32 | 1,658,032 | 80.29 | +0.17 +0.21% |
10/31/2024 07:00 PM | 80.50 | 80.50 | 80.09 | 80.11 | 3,321,868 | 80.24 | -0.39 -0.48% |
10/31/2024 06:00 PM | 80.42 | 80.56 | 80.36 | 80.50 | 1,010,076 | 80.47 | +0.08 +0.10% |
10/31/2024 05:00 PM | 80.45 | 80.50 | 80.34 | 80.40 | 522,218 | 80.41 | -0.05 -0.06% |
10/31/2024 04:00 PM | 80.44 | 80.47 | 80.34 | 80.45 | 574,185 | 80.41 | +0.01 +0.01% |
10/31/2024 03:00 PM | 80.32 | 80.50 | 80.21 | 80.44 | 709,074 | 80.38 | +0.12 +0.15% |
10/31/2024 02:00 PM | 80.52 | 80.59 | 80.23 | 80.32 | 2,420,259 | 80.35 | -0.20 -0.25% |
10/30/2024 07:00 PM | 80.30 | 80.31 | 80.18 | 80.25 | 3,139,564 | 80.25 | -0.05 -0.06% |
10/30/2024 06:00 PM | 80.34 | 80.46 | 80.28 | 80.29 | 497,632 | 80.37 | -0.05 -0.06% |
10/30/2024 05:00 PM | 80.37 | 80.44 | 80.29 | 80.32 | 354,431 | 80.37 | -0.05 -0.06% |
10/30/2024 04:00 PM | 80.53 | 80.54 | 80.33 | 80.37 | 509,842 | 80.42 | -0.16 -0.20% |
10/30/2024 03:00 PM | 80.42 | 80.54 | 80.32 | 80.53 | 1,030,552 | 80.40 | +0.11 +0.14% |
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Enhance Your Trading NowDividends from the underlying stocks in XLP are collected and distributed to ETF shareholders. Investors can choose to receive dividends in cash or reinvest them to purchase additional shares of XLP.
XLP typically distributes dividends on a quarterly basis. These dividends are paid from the income generated by the underlying stocks in the ETF’s portfolio.
Yes, XLP can be held in retirement accounts such as IRAs or 401(k)s. It can be a suitable choice for investors seeking exposure to the consumer staples sector within a diversified retirement portfolio.
Historically, XLP has shown performance reflective of the consumer staples sector’s trends. Performance can vary based on economic conditions, changes in consumer spending, and the performance of individual companies within the sector.
As of the latest update, XLP has an expense ratio of approximately 0.12%. This fee is deducted from the fund’s assets to cover the cost of managing the ETF.
XLP is designed to closely track the Consumer Staples Select Sector Index. Its performance should be very similar to that of the index, with minor variations due to tracking error and management fees.
XLP is managed by State Street Global Advisors. The fund replicates the Consumer Staples Select Sector Index by holding the same stocks in similar proportions. Management involves periodic rebalancing to ensure accurate reflection of the index.
XLP includes companies in the consumer staples sector of the S&P 500. This sector comprises firms that produce and distribute essential products such as food, beverages, tobacco, and household goods. Major holdings often include Procter & Gamble, Coca-Cola, and Walmart.
Yes, investing in XLP carries sector risk and market risk. While the consumer staples sector is generally considered defensive and less volatile, it is still subject to risks including economic downturns, changes in consumer behavior, and fluctuations in commodity prices.
Key performance metrics for XLP include its net asset value (NAV), expense ratio, total return, and tracking error. NAV represents the per-share value of the ETF, the expense ratio indicates the cost of managing the fund, total return measures overall performance including dividends, and tracking error shows how closely XLP follows the Consumer Staples Select Sector Index.
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