The iShares Global Consumer Staples ETF (KXI) has underperformed the State Street Consumer Staples Select Sector SPDR ETF (XLP) since inception, though it showed 12-month outperformance driven by international equities. A March dashboard highlights undervaluation in beverages and other subsectors. Both ETFs remain highly concentrated in top holdings.
The latest consumer staples dashboard for March analyzes the iShares Global Consumer Staples ETF (NYSEARCA:KXI), noting its lag behind XLP since inception despite recent 12-month gains fueled by international equities. Both funds are highly concentrated in their top holdings, according to the report published on March 16, 2026, at 05:30 EDT by Seeking Alpha analyst Quantitative Risk & Value (QRV). The series provides a top-down view of the sector using value, quality, and momentum metrics, applicable to ETFs like the State Street Consumer Staples Select Sector SPDR ETF (XLP). Fundamental metrics reveal beverages as greatly undervalued, while food, household products, and personal care segments are undervalued by 10% to 14%, though quality varies across these areas. In March, two stocks appeared cheaper than their peers. The analyst discloses beneficial long positions in KO, PG, and PM through stock ownership, options, or derivatives, and states no other compensation or business relationships with mentioned companies. Seeking Alpha emphasizes that past performance does not guarantee future results and offers no investment advice.
