Industrial ETF May Face ResistanceThe SPDR Select Sector Industrial ETF dropped in early April, and some traders may expect another push to the downside.
The first pattern on today’s chart is the March 13 low of $128.26. XLI peaked $0.44 under that level this month, which may suggest old support has become new resistance.
Second,
Key stats
About SPDR Select Sector Fund - Industrial
Home page
Inception date
Dec 16, 1998
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
ALPS Distributors, Inc.
XLI provides investors with broad US industrial exposure. The fund selects from the S&P 500, limiting its small- and mid-cap exposure and producing a more concentrated portfolio. Because smaller firms make up only a fraction of the industrial sector, the effects of the exclusion are mild. Included companies are those from the industry groups of industrial sector, such as capital goods, commercial & professional services, and transportation. Holdings are weighted by market cap, subject to a capping methodology that ensures no single security exceeds 25% at each quarterly rebalance.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Transportation
Stock breakdown by region
Top 10 holdings
Nov 1, 2024 Pre-Election Modeling UpdateThis video highlights the work I did on November 1, 2024 using my ADL predictive modeling system. We are now 3+ months past the Nov 1, 2024 modeling date and the SPY SPDR sectors are showing various stages of completion related to the ADL predictive price levels.
Some are higher. Others are lower.
Industrial ETF: Potential BreakoutIndustrial stocks have been rangebound for most of the year, but now they might be breaking out.
Today’s weekly chart features the SPDR Select Sector Industrial ETF, which holds stocks in groups like aerospace, general manufacturing, transportation and construction. The main pattern is the pair of
XLI Weekly Chart Here's the industrial sector being strong then ever, 11th straight green weekly candle. Last week's candle made a strong push and close above the 1.618 Fibonacci level. This is some market we've been having. What do you guys think here? Think this market can take us to the next Fib level? IDK but w
Business Cycle Rotation Part 6: ConclusionsTo Recap:
In parts one and two we used MACD monthly perspective momentum across a large number of tradable assets to produce a matrix of tradable assets, and then to distill an overview of each category's momentum state.
The raw data is placed in the quadrant most consistent with the combinatio
Industrials Breakout $XLIXLI Breakout with $130 Target
XLI tends to have big sloppy consolidation trends over 3 year periods
Then it breaks out for 20 point moves higher
XLI recently broke out above $111 August highs, retested, and continued higher
Chart has ridden 9dma higher since early Nov
RSI stretched short term
Would
Visualizing Business and Market Cycles Through Market Momentum 2Last year I produced several posts that described an exercise that utilizes long term momentum changes between asset classes and the relationship among asset classes to anticipate the business cycle. That series and part 1 of this series are linked below.
Methodology: Individual markets and ratio
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XLI trades at 142.60 USD today, its price has fallen −0.50% in the past 24 hours. Track more dynamics on XLI price chart.
XLI net asset value is 143.34 today — it's risen 11.07% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XLI assets under management is 20.72 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XLI price has risen by 10.35% over the last month, and its yearly performance shows a 14.62% increase. See more dynamics on XLI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.07% over the last month, showed a 6.49% increase in three-month performance and has increased by 16.84% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.07% over the last month, showed a 6.49% increase in three-month performance and has increased by 16.84% in a year.
XLI fund flows account for 170.63 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XLI invests in stocks. See more details in our Analysis section.
XLI expense ratio is 0.09%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XLI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XLI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XLI shows the strong buy signal. See more of XLI technicals for a more comprehensive analysis.
Today, XLI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XLI shows the strong buy signal. See more of XLI technicals for a more comprehensive analysis.
Yes, XLI pays dividends to its holders with the dividend yield of 1.36%.
XLI trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XLI shares are issued by State Street Corp.
XLI follows the S&P Industrial Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 16, 1998.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.