State Street Financial Select Sector SPDR ETF

Frequently Asked Questions About XLF

What does XLF invest in?

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 the S&P 500 Index. The ETF offers targeted investment exposure to various financial sub-sectors, including financial services, insurance, banking, capital markets, mortgage real estate investment trusts (REITs), and consumer finance. Consequently, it enables investors to pursue more granular strategic or tactical portfolio adjustments than typical style-based investment approaches.

What is the expense ratio of XLF?

State Street Financial Select Sector SPDR ETF (XLF) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XLF?

State Street Financial Select Sector SPDR ETF (XLF) manages $52.61B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is XLF actively managed or an index fund?

XLF is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (XLF's is 0.08%) because there's no security selection cost.

When was XLF launched?

State Street Financial Select Sector SPDR ETF (XLF) launched in December 1998 and is managed by SPDR.

How has XLF performed?

XLF's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.