XLF
Financial Select Sector SPDR Fund
📎 Investment Objective
The Financial Select Sector SPDR Fund (XLF) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Financial Select Sector Index.
Overview
ETF tracking Financial Select Sector SPDR Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Financial Select Sector SPDR Fund (XLF) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Financial Select Sector Index.
🎯 Investment Strategy
The fund invests in a portfolio of securities that seeks to track the performance of the Financial Select Sector Index, which includes companies from the following industries: diversified financial services, insurance, banks, capital markets, mortgage real estate investment trusts (REITs), consumer finance, and thrifts and mortgage finance.
✨ Key Features
- Provides exposure to the financials sector of the S&P 500 Index
- Diversified portfolio of large-cap U.S. financial services companies
- Low expense ratio of 0.00%
- Liquid and traded on a major exchange
⚠️ Primary Risks
- Sector-specific risk: The fund's performance is closely tied to the financial sector, which may underperform the broader market
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
- Liquidity risk: In certain market conditions, it may be difficult to sell the fund's shares
- Concentration risk: The fund's investments are concentrated in the financial sector
👤 Best For
This ETF may be suitable for investors seeking exposure to the financial sector of the U.S. stock market as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate to high-risk tolerance.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | BRK.B | BERKSHIRE HATHAWAY INC CL B | 12.39% | - |
| 2 | JPM | JPMORGAN CHASE + CO | 11.21% | - |
| 3 | V | VISA INC CLASS A SHARES | 7.52% | - |
| 4 | MA | MASTERCARD INC A | 6.04% | - |
| 5 | BAC | BANK OF AMERICA CORP | 4.74% | - |
| 6 | WFC | WELLS FARGO + CO | 3.57% | - |
| 7 | GS | GOLDMAN SACHS GROUP INC | 3.21% | - |
| 8 | MS | MORGAN STANLEY | 2.65% | - |
| 9 | AXP | AMERICAN EXPRESS CO | 2.61% | - |
| 10 | C | CITIGROUP INC | 2.44% | - |
| 11 | SCHW | SCHWAB (CHARLES) CORP | 2.14% | - |
| 12 | SPGI | S+P GLOBAL INC | 2.07% | - |
| 13 | BLK | BLACKROCK INC | 2.03% | - |
| 14 | COF | CAPITAL ONE FINANCIAL CORP | 1.83% | - |
| 15 | PGR | PROGRESSIVE CORP | 1.72% | - |