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The Utilities Select Sector SPDR Fund (XLU) top holdings provide valuable insights into the key assets that constitute the fund's portfolio, offering investors a comprehensive view of its composition.
XLU's Key Assets
The top 10 holdings* of the Utilities sector ETF, XLU, include key players in the industry. The holdings are led by NextEra Energy at 13.93% of the ETF, followed by Southern Co. at 8.13%, Duke Energy at 7.68%, Constellation Energy at 6.02%, American Electric Power Co. at 4.59%, Sempra Energy at 4.57%, Dominion Energy at 4.32%, Exelon Corp. at 3.79%, PG&E Corporation at 3.70%, and Public Service Enterprise Group at 3.49%. These top holdings collectively represent 60% of the total assets within XLU.
Boasting more than $16 billion in assets and a low total expense ratio of just 0.09%**, XLU offers a convenient gateway to this essential industry.
XLUs holdings provide investors seeking transparency and clarity regarding the composition of a fund that exclusively invests in utilities. By providing daily detailed information on its top holdings, XLU aims to enhance investor confidence and facilitate informed decision-making within the utilities sector.
Investors and industry observers are encouraged to leverage this information to gain comprehensive insights into XLU's underlying holdings, enabling a deeper understanding of the intricacies of ETFs and mutual funds within the utilities sector.
Decoding XLU's Investment Strategy
XLU maintains a focused investment approach tailored to the unique dynamics of the utilities industry.
The companies included in this fund are crucial to driving our economy forward, making the utilities sector an essential area of focus.
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.
*Holdings, Weightings & Assets as of 4/30/24 subject to change
**Ordinary brokerage fees apply
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.
SEL007510 EXP 7/31/24
Contact Details
Dan Dolan
+1 203-935-8103
Company Website
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Select Sector SPDR
COMTEX_452293933/2655/2024-05-13T05:02:12
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