The Consumer Staples Select Sector SPDR Fund (XLP) has spent 27 years being the answer to the question of which part of the market absorbs the blow best during economic downturns, holding 36 positions across essential goods.
Walmart (NASDAQ:WMT | WMT Price Prediction) and Costco (NASDAQ:COST) together represent nearly 19% of the portfolio but contribute almost nothing to income. Walmart yields roughly 0.8% and Costco under 1%. Their value to KXI is stability and capital appreciation, not dividends.