The Consumer Discretionary Select Sector SPDR Fund XLY — 2.48% exposure The fund tracks the Consumer Discretionary Select Sector Index and comprises 60 holdings. Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports It has cited resurging COVID-19 cases in China and imposition of regional lockdowns, rising inflationary pressures and the major investments that the company has been planning to make as the primary reasons to withhold the guidance.