XLPX Stock Price, Chart, Stats & News

XLPX seeks to deliver 200% of the daily performance of Consumer Staples Select Sector SPDR Fund (Ticker: XLP), a passively managed ETF with a targeted exposure to US consumer-staples stocks. Rather than holding XLP directly, the fund primarily uses derivatives such as swap agreements and options to create leveraged exposure. The portfolio is rebalanced at the end of each trading day to maintain its targeted leverage level, meaning returns over periods longer than a single day can differ significantly from two times the cumulative return of XLP due to compounding effects.