Industrials Sector ETF (XLI) Offers Broad Exposure to the Industrial Sector with Top Holdings
Denver, CO
|
October 22, 2024 05:00 AM Eastern Daylight Time
The Industrials Select Sector SPDR Fund (XLI) offers investors a strategic avenue to engage with the broad industrials sector. This fund is designed to track an index of industrial stocks from the S&P 500, weighted by modified market capitalization. With assets under management surpassing $19 billion and an annual expense ratio of just 0.09%*, XLI presents an efficient and cost-effective method to gain exposure to this vital sector.
Top 10 Holdings & Weightings**
The fund’s diversified portfolio includes leading industrial companies, each representing significant facets of the sector. As of the latest update, the top 10 holdings and their respective weightings are:
GE Aerospace: 4.94%
Caterpillar: 4.58%
RTX: 3.89%
Uber Technologies: 3.81%
Union Pacific: 3.62%
Honeywell International: 3.25%
Eaton: 3.18%
Lockheed Martin: 2.99%
Automatic Data Processing: 2.72%
Deere: 2.58%
ETF Industry and Sector Overview
XLI's portfolio spans a comprehensive array of industries within the industrial sector, providing investors with diverse opportunities, including:
Aerospace and Defense: The ETF features prominent companies like GE Aerospace, RTX, and Lockheed Martin, ensuring exposure to leaders in aerospace and defense technologies.
Electrical Equipment Manufacturers: Holdings such as Eaton highlight the fund’s inclusion of top-tier electrical equipment manufacturers, reflecting advancements and innovations in this field.
Construction and Engineering Firms: Investment in companies like Caterpillar allows investors to benefit from the ongoing trends in global infrastructure development and urbanization.
Industrial Machinery Companies: By including firms such as Honeywell International, XLI enables participation in the machinery and equipment manufacturing landscape.
Building Products: The fund also covers a range of building product companies, offering insights into the dynamic construction markets.
With its extensive portfolio, XLI provides a balanced view of the industrial sector, from foundational infrastructure to cutting-edge technological advancements.
As the industrial landscape continues to evolve, XLI stands out as a compelling option for investors keen on accessing the manifold opportunities within this dynamic sector. The fund’s holdings ensure a broad yet targeted exposure, making it an attractive choice for those looking to invest in the industrial domain.
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 9/30/24 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 nondiversification 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.
SEL007891 EXP 12/31/24
Contact Details
Dan Dolan
+1 203-935-8103
Company Website
