What is Financial Select Sector SPDR Fund?

The Financial Select Sector SPDR Fund (XLF) is a diversified fund with many blue-chip companies in its portfolio. It covers a variety of industries within the financial sector, has generated strong returns, has high liquidity, and is a medium-cost investment.

Is XLF a good ETF?

XLF is rated a 5 out of 5.

What makes up the XLF ETF?

The index includes securities of companies from the following industries: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts (“REITs”); consumer finance; and thrifts and mortgage finance. The fund is non-diversified.

What is Sector SPDR?

The Sector SPDR ETFs break up the S&P 500 into 10 separate indexes. Like any ETF, the Sector SPDRs trade throughout the trading day on the NYSE Arca exchange. As index funds, the investment objective for the ETFs is to match the share-price performance and dividend income of the underlying sectors that they track.

What is Select Sector?

TM. Each Select Sector™ is a highly-liquid index designed to track a major economic sector. The indices are intended as tools for investment professionals, allowing them to tailor benchmarks for core portfolios by accounting for changing market conditions.

What is a Sector SPDR?

Is XLF a buy now?

During the day the fund fluctuated 0.75% from a day low at $40.47 to a day high of $40.77. The price has risen in 6 of the last 10 days and is up by 5.02% over the past 2 weeks….

How many SPDR sectors are there?

Sector SPDRs track 10 different sectors in the S&P 500, with each Sector SPDR ETF delivering performance equal to that of the component stocks within the target industry.