- What does XLSI invest in?
- This exchange-traded fund (ETF), managed by SSGA Funds Management, Inc., primarily allocates capital to public equity markets within the United States. It concentrates its investments on companies operating across various consumer staples industries. The fund’s strategy involves building a portfolio composed of large-capitalization growth and value stocks, utilizing a blend of direct investments, stakes in other funds, and derivative instruments. Specifically, it employs derivatives like options, whose performance is tied to The Consumer Staples Select Sector SPDR Fund, for portfolio construction. This U.S.-domiciled ETF was established on July 29, 2025.
- What is the expense ratio of XLSI?
- State Street Consumer Staples Select Sector SPDR Premium Income ETF (XLSI) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.
- What is XLSI's distribution yield?
- XLSI's trailing-twelve-month yield is 12.62%, calculated from the sum of distributions over the past year divided by the current price.
- How does XLSI's covered-call strategy work?
- XLSI sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.
- How big is XLSI?
- State Street Consumer Staples Select Sector SPDR Premium Income ETF (XLSI) manages $6.7M 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 XLSI actively managed or an index fund?
- XLSI's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
