State Street Communication Services Select Sector SPDR ETF (XLC)
State Street Communication Services Select Sector SPDR ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $110.27, down 0.90% on the session, giving a market capitalisation of $22.69B. Its beta of 0.85 implies it has historically moved less than the broad market.
The State Street Communication Services Select Sector SPDR ETF (XLC) is designed to mirror the price appreciation and dividend yield of the Communication Services Select Sector Index, prior to accounting for expenses. This underlying index is structured to accurately reflect the communication services industry segment found within the S&P 500 Index. The ETF offers focused investment exposure to companies engaged in telecommunication services, media, entertainment, and interactive media and services, thereby enabling investors to make more precise strategic or tactical allocations than traditional style-based investment strategies typically allow.
State Street Communication Services Select Sector SPDR ETF is most often compared with the following Financial Services names: