The Consumer Discretionary Select Sector SPDR Fund, known by its ticker symbol XLY, is an exchange-traded fund (ETF) that focuses on the consumer discretionary sector of the stock market. This sector includes companies that sell non-essential goods and services, such as retail, entertainment, and automobiles. XLY aims to provide investors with exposure to the performance of these companies. XLY is designed to track the performance of the Consumer Discretionary Select Sector Index, which includes major companies like Amazon, Tesla, and Home Depot. Investors often use XLY to gain insights into consumer spending trends, as it reflects how well consumers are doing financially and their willingness to spend on discretionary items.