Wednesday's hot stocks: AMD, KO, X >>> READ MORE

3 Best ETFs to Own Until You Die

There are some products we simply can't live without

      View All  

Consumer Staples SPDR

best etfs xle xlf xlpNext up, we have an ETF that encompasses some of the most famous names in the world. And those names — and the stocks associated with them — are famous because their founders figured out decades ago that certain products must always be purchased by human beings, particularly in developed nations.

That’s why those products are called “staples.”

The best ETF for must-have consumer products is pretty obvious as well: The Consumer Staples SPDR (XLP). The XLP includes a wide range of companies, which provide everything you could possibly need.

There are basic healthcare and hygiene products from Procter & Gamble (PG), beverages that are cheap from Coca-Cola (KO), tobacco from Philip Morris International (PM) and the catch-all store that is Walmart (WMT).

Investors even get a 2.5% yield out of it, all for that reasonable expense ratio of 0.18%.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC