Average Daily Volume
11.24M
Fund Overview
The Industrial Select Sector SPDR Fund (XLI) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield performance of the Industrial Select Sector Index. This index includes companies from industries such as aerospace, defense, machinery, construction, and transportation. XLI offers investors exposure to a broad range of industrial companies, including industry leaders like Boeing, Honeywell, and Union Pacific. The fund is designed for those looking to invest in the industrial sector without having to pick individual stocks. With a low expense ratio and high liquidity, XLI is a popular choice for both retail and institutional investors.
- Asset Class
-
Equity
- Industry
-
Broad Industrials
- Annual Dividend Rate
-
- Smart Beta
-
No
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 1.32 %
- Currency Hedged
-
No
- Portfolio Turnover
-
7 %
- Dividend Date
-
Why Invest in the XLI ETF?
Potential Benefits
- Provides diversified exposure to the industrial sector, reducing single-stock risk.
- Low expense ratio compared to many actively managed industrial funds.
- Highly liquid, making it easy to buy and sell shares.
- Tracks a well-established index, offering transparency in holdings.
- Includes leading industrial companies with strong market positions.
Potential Risks
- Sector concentration risk, as performance is tied to the industrial sector.
- Vulnerable to economic cycles, as industrials are sensitive to GDP growth.
- Exposure to geopolitical risks, particularly in aerospace and defense.
- Potential for underperformance during periods of declining industrial activity.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
+6.7%
|
+7.1%
|
-8.4%
|
+7.9%
|
-0.8%
|
+7.3%
|
-2.9%
|
-2.6%
|
-4.4%
|
+2.8%
|
-
|
-
|
| 2025 |
+5.0%
|
-1.5%
|
-3.6%
|
+0.1%
|
+8.8%
|
+3.6%
|
+3.0%
|
0.0%
|
+1.9%
|
+0.5%
|
-0.9%
|
+1.3%
|
| 2024 |
-1.0%
|
+7.2%
|
+4.4%
|
-3.5%
|
+1.6%
|
-1.0%
|
+4.9%
|
+2.8%
|
+3.4%
|
-1.2%
|
+7.6%
|
-8.0%
|
| 2023 |
+3.7%
|
-0.9%
|
+0.6%
|
-1.2%
|
-3.2%
|
+11.3%
|
+2.9%
|
-2.0%
|
-5.9%
|
-3.0%
|
+8.8%
|
+7.1%
|
| 2022 |
-4.8%
|
-0.8%
|
+3.4%
|
-7.6%
|
-0.5%
|
-7.4%
|
+9.5%
|
-2.8%
|
-10.4%
|
+13.9%
|
+7.8%
|
-3.0%
|
| 2021 |
-4.3%
|
+6.9%
|
+9.0%
|
+3.5%
|
+3.1%
|
-2.3%
|
+0.9%
|
+1.1%
|
-6.1%
|
+6.8%
|
-3.6%
|
+5.4%
|
| 2020 |
-0.4%
|
-9.9%
|
-18.6%
|
+8.8%
|
+5.4%
|
+2.0%
|
+4.4%
|
+8.5%
|
-0.7%
|
-1.4%
|
+16.0%
|
+1.0%
|
| 2019 |
+11.4%
|
+6.4%
|
-1.1%
|
+4.0%
|
-7.6%
|
+7.9%
|
+0.5%
|
-2.6%
|
+3.0%
|
+1.1%
|
+4.5%
|
-0.2%
|
| 2018 |
+5.4%
|
-3.9%
|
-2.7%
|
-2.8%
|
+3.1%
|
-3.4%
|
+7.4%
|
+0.2%
|
+2.2%
|
-10.9%
|
+3.8%
|
-10.6%
|
| 2017 |
+1.9%
|
+3.9%
|
-0.8%
|
+2.0%
|
+1.8%
|
+1.3%
|
+0.3%
|
+0.2%
|
+4.2%
|
+0.7%
|
+4.2%
|
+2.1%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
|
GE
|
GE AEROSPACE |
5.2 % |
|
RTX
|
RTX CORP |
4.4 % |
|
UBER
|
UBER TECHNOLOGIES INC |
3.9 % |
|
CAT
|
CATERPILLAR INC |
3.7 % |
|
UNP
|
UNION PACIFIC CORP |
3.5 % |
|
HON
|
HONEYWELL INTERNATIONAL INC |
3.3 % |
|
BA
|
BOEING CO |
3.1 % |
|
ADP
|
AUTOMATIC DATA PROCESSING INC |
3.1 % |
|
DE
|
DEERE & CO |
2.9 % |
|
ETN
|
EATON CORP PLC |
2.9 % |
Top 10 holdings shown, out of 80 total holdings.
Related ETFs: XLI vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
XLI tracks the Industrial Select Sector Index, which is a market-cap-weighted index of industrial companies within the S&P 500. The index includes firms from aerospace, defense, machinery, construction, and transportation industries. The fund holds all or a representative sample of the index constituents, aiming to replicate its performance. Rebalancing occurs quarterly to align with the index's composition. XLI primarily holds common stocks, providing direct exposure to the industrial sector.
Frequently Asked Questions
What industries are included in XLI?
XLI includes aerospace, defense, machinery, construction, transportation, and other industrial sub-sectors.
How often is XLI rebalanced?
XLI is rebalanced quarterly to align with its underlying index, the Industrial Select Sector Index.
Is XLI suitable for long-term investors?
Yes, XLI can be a core holding for long-term investors seeking industrial sector exposure, though its cyclical nature should be considered.
Does XLI pay dividends?
Yes, XLI pays dividends quarterly, derived from the dividends of its underlying holdings.
Industry Overview
The industrial sector is a critical component of the global economy, encompassing companies involved in manufacturing, construction, aerospace, defense, and transportation. Investing in the Industrial Select Sector SPDR Fund (XLI) provides exposure to this diverse and cyclical sector. Industrials often benefit from economic expansion, infrastructure spending, and technological advancements. However, they can also be sensitive to economic downturns and trade policies. XLI offers a convenient way to gain broad industrial exposure without the need for individual stock selection.
Alternative Comparison
Compared to peers like VIS (Vanguard Industrials ETF) and FIDU (Fidelity MSCI Industrials Index ETF), XLI stands out for its liquidity and lower expense ratio. While VIS and FIDU also track industrial indices, XLI's focus on the S&P 500 industrials may offer more concentrated exposure to large-cap leaders. Unlike some competitors that include mid-cap stocks, XLI emphasizes established industrial giants, which may appeal to investors seeking stability.
Issuer Overview
XLI is issued by State Street Global Advisors (SSGA), one of the largest ETF providers globally. SSGA is known for its SPDR ETF family, which includes sector-specific and broad-market funds. With a strong track record in index-tracking ETFs, SSGA provides investors with cost-effective and transparent investment solutions.
Conclusion
XLI is a well-established ETF offering targeted exposure to the industrial sector. Its low cost, liquidity, and diversified holdings make it a compelling choice for investors seeking industrial sector exposure. However, sector-specific risks and economic sensitivity should be considered before investing.
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