State Street Industrial Select Sector SPDR ETF
Loading news...
The State Street Industrial Select Sector SPDR ETF (XLI) was launched on December 16, 1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.
Retail investors are upbeat about the stock market's near-term prospects, despite lingering uncertainty around the Fed policy outlook.
State Street Investment Management (SSIM) has been the investment advisor for the Select Sector SPDR ETFs since 1998. It will now take over the distribution and marketing for these funds.
The Industrial Select Sector SPDR® Fund ETF offers diversified exposure to the industrial sector, spanning defense, aerospace, transportation, and heavy machinery. XLI presents a 12% consensus upside plus 2% in dividends and buybacks, with notable growth potential in UBER, BA, and GEV. The ETF is attractively valued with a 1.3x PEG and 15% earnings growth, making it a compelling complement to tech-heavy portfolios.
The Industrials Select Sector SPDR Fund (XLI) offers diversified exposure to leading U.S. industrial companies. XLI stands out for its strong historical performance, featuring high-quality holdings with durable competitive advantages. The ETF is well positioned to benefit from increased AI-driven capital expenditures across the industrial sector.
Industrial Select Sector SPDR Fund (NYSEARCA:XLI - Get Free Report) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $149.38 and traded as low as $147.13. Industrial Select Sector SPDR Fund shares last traded at $149.63, with a volume of 20,982,859 shares changing hands.
Matt Camuso, Head of ETF Solutions at BNY Investments, says there are $13 trillion of assets in ETFs. That's compared to $5 trillion a year prior.
The stock market is historically expensive. Even as a recession is more and more plausible in the near future. Fortunately, many defensive dividend payers remain opportunistic.
For investors seeking momentum, the Industrial Select Sector SPDR ETF XLI is probably on the radar now. The fund just hit a 52-week high and is up 39.2% from its 52-week low price of $112.75 per share.
U.S. Bancorp offers a 4.36% dividend yield, solid fundamentals, and potential upside as rates decline, making it attractive for income-focused investors. USB's strong balance sheet, well-covered payout ratio, and recent earnings beats highlight its resilience despite sector volatility and macroeconomic uncertainty. Verizon provides a well-covered 6.84% yield, strategic acquisitions, and potential upside if subscriber growth improves and rates fall.
Designed to provide broad exposure to the Industrials - Broad segment of the equity market, the Industrial Select Sector SPDR ETF (XLI) is a passively managed exchange traded fund launched on December 16, 1998.
The S&P 500 has delivered stellar gains, but the SPY isn't the only choice. Many other exchange-traded funds are racing ahead, often ahead of the SPY. These two are worth looking into if you want to outperform the SPY.
With the Fed's first 2025 rate cut and upgraded growth outlook, ETFs in tech, financials, industrials and health care could benefit from momentum.
Reiterate a buy rating on Industrial Select Sector SPDR® Fund ETF despite recent underperformance versus the S&P 500. XLI offers diverse exposure to industrials, including AI-adjacent aerospace and defense stocks, with solid liquidity and a low expense ratio. Valuation is elevated with a P/E of 25.4x and a high PEG ratio, but technicals show bullish consolidation and a rising 200-day moving average.
Katerina Simonetti, Morgan Stanley Private Wealth Management, joins 'The Exchange' to discuss market catalysts and concerns she sees.
The Industrial Select Sector SPDR ETF (XLI) was launched on December 16, 1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.
The Investment Committee give you their top stocks to watch for the second half.
Dealmakers are raking in billions in M&A despite lingering fears about trade wars and geopolitics. Transaction values are up almost a fifth this year at $2.2 trillion, according to data compiled by Bloomberg.
Of the variety of market risks looming about portfolios, concentration risk deserves special mention. Inflation provides a persistent, stubborn specter, and geopolitical issues pose particularly painful, but perhaps smaller, risks.