SELECT SECTOR SPDR TRUSTSELECT SECTOR SPDR TRUSTSELECT SECTOR SPDR TRUST

SELECT SECTOR SPDR TRUST

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Key stats


Assets under management (AUM)
‪18.84 B‬USD
Fund flows (1Y)
‪762.59 M‬USD
Dividend yield (indicated)
2.70%
Discount/Premium to NAV
−0.4%

About SELECT SECTOR SPDR TRUST


Issuer
State Street Corp.
Brand
SPDR
Expense ratio
0.09%
Inception date
Dec 16, 1998
Index tracked
S&P Utilities Select Sector
Management style
Passive
XLU, a hugely popular fund, only invests in utilities companies that are included in the S&P 500. This is both an advantage and a weakness. The fund dominates its segment, with huge assets and volume, but it's also more concentrated in a handful of large firms. Competing utilities ETFs offer broader exposure to the full market-cap spectrum, meaning XLU is not the best Fit to our neutral utilities sector benchmark. Still, XLU is a solid choice for exposure to the segment.

Classification


Asset Class
Equity
Category
Sector
Focus
Utilities
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Utilities
Stock breakdown by region
100%

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