The Diverse Holdings of the Industrial ETF XLI
Denver, CO
|
June 12, 2024 05:00 AM Eastern Daylight Time
The Industrial Select Sector SPDR Fund (XLI) offers an investment opportunity within the dynamics of the industrial sector. XLI follows an index of industrial sector stocks within the S&P 500, weighted by modified market capitalization. With assets under management exceeding $18 billion, it boasts a low annual expense ratio of 0.09%*, offering an efficient and accessible route to the industrial sector.
The top 10 holdings & weightings** for XLI:
Starting with GE Aerospace at 4.75%, followed by Caterpillar at 4.55%, RTX Corporation at 3.78%, Union Pacific at 3.75%, Honeywell International at 3.52%, Eaton at 3.51%, Uber Technologies at 3.51%, Boeing at 2.69%, Lockheed Martin at 2.67%, and Automatic Data Processing at 2.66%.
XLI ETF Industry and Sector Overview
The variety of related industries are represented in the burgeoning industrial sector.
Aerospace & Defense: The XLI ETF includes prominent companies within the aerospace and defense sector, positioning investors to have access to companies in this industry.
Electrical Equipment Manufacturers: The fund's holdings feature leading electrical equipment manufacturers with their technological advancements and innovations within this sector.
Construction & Engineering Firms: XLI provides exposure to renowned construction and engineering firms, allowing investors to tap into the ongoing infrastructure development and urbanization trends.
Industrial Machinery Companies: The ETF also encompasses key players in the industrial machinery segment, enabling investors to participate in the machinery and equipment manufacturing landscape.
Building Products: XLI encompasses a diverse range of building product companies, offering exposure to the construction and real estate market dynamics.
As the industrial landscape continues to evolve, XLI emerges as a compelling choice for investors seeking exposure to the dynamic industrial sector.
DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication.
About the Company:
Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals.
*Ordinary brokerage fees apply
**Holdings, Weightings & Assets as of 5/31/24 subject to change
DISCLOSURES
The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing.
One may not invest directly in an index.
Transparent ETFs provide daily disclosure of portfolio holdings and weightings
All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and non-diversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
Media Contact:
Company: Select Sector SPDRs
Contact: Dan Dolan*
Address: 1290 Broadway, Suite 1000, Denver, CO 80203
Country: United States
Email: dan.dolan@sectorspdrs.com
Website: https://www.sectorspdrs.com/
*Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust.
SEL007585 EXP 8/31/24
Contact Details
Dan Dolan
+1 203-935-8103
Company Website
