XLF ETF — Holdings & Analysis
The State Street Financial Select Sector SPDR ETF aims to mirror the price and yield performance of the Financial Select Sector Index, before accounting for expenses. 0.08% expense ratio, $58.6B AUM, 76 holdings, inception 1998.
State Street Financial Select Sector SPDR ETF (XLF) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
Expense Ratio
What does XLF hold?
| Holding | Weight |
|---|---|
| JPMORGAN CHASE + CO (JPM) | 11.83% |
| BERKSHIRE HATHAWAY INC CL B (BRK-B) | 11.30% |
| VISA INC CLASS A SHARES (V) | 7.38% |
| MASTERCARD INC A (MA) | 5.56% |
| BANK OF AMERICA CORP (BAC) | 5.09% |
| GOLDMAN SACHS GROUP INC (GS) | 3.74% |
| WELLS FARGO + CO (WFC) | 3.28% |
| MORGAN STANLEY (MS) | 3.18% |
| CITIGROUP INC (C) | 2.88% |
| AMERICAN EXPRESS CO (AXP) | 2.22% |
How Is the Fund Allocated?
| Sector | Weight |
|---|---|
| Financial Services | 98.1% |
| Technology | 1.6% |
| Industrials | 0.2% |
| Cash & Others | 0.0% |
| Country | Weight |
|---|---|
| United States | 96.5% |
| Switzerland | 1.5% |
| Ireland | 0.9% |
| Bermuda | 0.6% |
| United Kingdom | 0.4% |
| Other | 0.1% |
Dividend Yield
- Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
- iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
- iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
- iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
- State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio
- State Street Technology Select Sector SPDR ETF (XLK) (Equity) — 0.08% expense ratio
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) (Equity) — 0.16% expense ratio
- State Street SPDR S&P 500 ETF (SPY) (Equity) — 0.09% expense ratio
- State Street Energy Select Sector SPDR ETF (XLE) (Equity) — 0.08% expense ratio
- State Street SPDR S&P Biotech ETF (XBI) (Equity) — 0.35% expense ratio
- SPDR S&P 600 Small Cap ETF (SLY) (Equity) — 0.15% expense ratio
Risk Metrics
- Beta: 0.72
Questions & Answers
What is State Street Financial Select Sector SPDR ETF (XLF)?
The State Street Financial Select Sector SPDR ETF aims to mirror the price and yield performance of the Financial Select Sector Index, before accounting for expenses.
This underlying Index is structured to accurately reflect the financial segment of It holds 76 securities. With $58.6B in assets under management, it is one of the larger funds in its category.
What is the expense ratio for XLF?
State Street Financial Select Sector SPDR ETF has an expense ratio of 0.08%, which is considered very low for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $8.
Lower expense ratios generally lead to better long-term returns, all else being equal.
What are the top holdings in XLF?
The three largest positions in State Street Financial Select Sector SPDR ETF are JPMORGAN CHASE + CO (JPM, 11.8%), BERKSHIRE HATHAWAY INC CL B (BRK-B, 11.3%), VISA INC CLASS A SHARES (V, 7.4%).
Together these top three holdings represent 30.5% of the fund, out of 76 total positions. The fund has a concentrated portfolio.
What sectors does XLF invest in?
State Street Financial Select Sector SPDR ETF allocates across 4 sectors. The largest sector exposures are Financial Services (98.1%), Technology (1.6%), Industrials (0.2%). The fund is heavily concentrated in Financial Services.
How long has XLF been around?
State Street Financial Select Sector SPDR ETF was launched in 1998, making it 28 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by SPDR.