Consumer Staples Select Sector SPDR Fund (XLP) Performance
XLP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.8% since Dec 31, 2025
- 1 year
- +14.3% total return
- 5 years
- +7.2% a year
- 10 years
- +8.3% a year
- Since first price
- +6.9% a year since 1998
XLP trailing returns vs SPY, QQQ, AGG
| Period | XLP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +7.1% | +7.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.8% | +6.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.2% | +5.7% | +7.8% | +8.4% | −1.5% |
| YTD | +15.8% | +13.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.3% | +11.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +42.6%+12.6%/yr | +31.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +41.3%+7.2%/yr | +23.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +121.1%+8.3%/yr | +69.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +319.3%+10.0%/yr | +180.5% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +482.0%+9.2%/yr | +242.2% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionDec 22, 1998 | +539.7%+6.9%/yr | +233.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: XLP vs SPY
From Dec 22, 1998: XLP grew to $63,965, SPY to $101,831.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XLP returns by calendar year
20 of 27 full years positive. Best 2019 (+27.4%), worst 2002 (−20.1%). 2026 is year to date.
XLP annual returns table
| Year | XLP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.8% | −9.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +1.5% | −8.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.2% | −5.8% | +24.9% | +25.6% | +1.3% |
| 2023 | −0.8% | −13.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −0.8% | −16.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +17.2% | −5.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +10.1% | −24.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.4% | −4.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −8.1% | −16.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +13.0% | −7.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +5.0% | −9.2% | +12.0% | +7.1% | +2.4% |
| 2015 | +6.9% | −10.1% | +1.2% | +9.4% | +0.5% |
| 2014 | +15.7% | −6.1% | +13.5% | +19.2% | +6.0% |
| 2013 | +26.3% | −7.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +10.7% | −6.4% | +16.0% | +18.1% | +3.8% |
| 2011 | +14.1% | −11.9% | +1.9% | +3.4% | +7.7% |
| 2010 | +13.8% | −8.9% | +15.1% | +19.9% | +6.4% |
| 2009 | +14.3% | −20.2% | +26.4% | +54.7% | +3.0% |
| 2008 | −15.0% | −24.2% | −36.8% | −41.7% | +7.9% |
| 2007 | +12.7% | −5.6% | +5.1% | +19.0% | +6.6% |
| 2006 | +14.5% | −4.3% | +15.8% | +7.1% | +3.9% |
| 2005 | +2.8% | −4.9% | +4.8% | +1.6% | +2.3% |
| 2004 | +7.6% | −9.0% | +10.7% | +10.5% | +3.8% |
| 2003 | +11.2% | −13.6% | +28.2% | +49.7% | — |
| 2002 | −20.1% | −28.4% | −21.6% | −37.4% | — |
| 2001 | −9.9% | −17.6% | −11.8% | −33.3% | — |
| 2000 | +25.5% | −23.2% | −9.7% | −36.1% | — |
| 1999 | −14.3% | −19.3% | +20.4% | — | — |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
XLP largest drawdowns
Now 1.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 28, 2000 | −35.9% | Mar 10, 2003 | Oct 26, 2006 | 2.2 years | 5.8 years |
| Sep 12, 2008 | −32.4% | Mar 9, 2009 | Mar 17, 2010 | 6 months | 1.5 years |
| Mar 18, 1999 | −31.9% | Mar 7, 2000 | Nov 10, 2000 | 12 months | 1.7 years |
| Feb 14, 2020 | −24.5% | Mar 23, 2020 | Aug 12, 2020 | 38 days | 6 months |
| Apr 20, 2022 | −16.3% | Oct 7, 2022 | Mar 28, 2024 | 6 months | 1.9 years |
| Jan 26, 2018 | −16.1% | May 3, 2018 | Apr 17, 2019 | 3 months | 1.2 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XLP risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 1998 |
|---|---|---|---|---|
| Annualized return | +8.3% | +6.0% | +7.1% | +6.5% |
| Volatility (annualized) | 11.9% | 13.6% | 13.2% | 12.5% |
| Sharpe ratio | 0.36 | 0.23 | 0.41 | — |
| Sortino ratio | 0.56 | 0.35 | 0.63 | — |
| Best month | +7.8% | +10.5% | +10.5% | +10.5% |
| Worst month | −8.4% | −8.4% | −8.9% | −12.6% |
| Best 12 months | +24.0% | +24.0% | +28.9% | +36.8% |
| Worst 12 months | −3.0% | −6.1% | −9.9% | −27.4% |
| Positive months | 58% | 53% | 57% | 59% |
| Beta vs S&P 500 | 0.35 | 0.46 | 0.55 | — |
| Correlation with S&P 500 | 0.36 | 0.54 | 0.64 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
XLP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 323 | −27.4% | +8.8% | +36.8% | 80% |
| 3-year (a year) | 299 | −7.2% | +7.5% | +21.2% | 86% |
| 5-year (a year) | 275 | −2.9% | +8.3% | +19.1% | 93% |
| 10-year (a year) | 215 | −0.9% | +9.6% | +13.4% | 99% |
Every holding period starting at a month-end since 1998. Returns for 3 years and longer are annualized.
XLP performance overview
Consumer Staples Select Sector SPDR Fund (XLP) returned +14.3% over the past year and +8.3% a year over ten years, with distributions reinvested. Since its first recorded price in 1998 it has returned +6.9% a year, turning $10,000 into about $63,965. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −35.9%, from Dec 28, 2000 to Mar 10, 2003, and it took 3.6 years to get back to the old high. XLP finished 20 of its 27 full calendar years with a gain; the best year was 2019 (+27.4%) and the worst 2002 (−20.1%). Volatility has been 12.5% a year.
Related: XLP chart, XLP holdings, XLP dividends, XLP valuation. See the XLP overview for the latest quote and fund facts.
XLP performance FAQ
What is the XLP return over the past year?
XLP returned +14.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.2%.
What is the average annual return of XLP?
XLP has returned +7.2% a year over 5 years, +8.3% a year over 10 years, +6.9% a year since December 22, 1998 (total return, distributions reinvested).
How much would $10,000 invested in XLP be worth?
$10,000 invested in XLP at its first recorded close on December 22, 1998 would be worth about $63,965 on October 23, 2026 with distributions reinvested.
What was the worst year for XLP?
The worst calendar year was 2002, with a total return of −20.1%. The best was 2019 at +27.4%.
What is the biggest drawdown of XLP?
The largest peak-to-trough decline was −35.9% between December 28, 2000 and March 10, 2003. It recovered to the old high on October 26, 2006, 3.6 years after the bottom.
How volatile is XLP?
Over the past 3 years XLP had an annualized volatility of 11.9% and a Sharpe ratio of 0.36 (excess return over 1–3 month T-bills per unit of risk).