Financial News
Utilities Sector (XLU) Portfolio Highlights
--News Direct--
The Utilities Select Sector SPDR Fund (XLU) may provide investors with critical insights for informed investment decision-making within the utilities sector.
XLU's Key Components*
The top 10 holdings of the Utilities Sector ETF XLU are led by some of the most influential players in the industry. These holdings represent approximately 60% of the fund’s total assets, reflecting XLU's focus on key utility companies. The detailed list of the top 10 holdings is as follows.
NextEra Energy: 14.17%
Southern Co.: 8.03%
Duke Energy Corp: 7.30%
Constellation Energy Corp: 6.55%
American Electric Power: 4.42%
Sempra Energy: 4.30%
Dominion Energy: 3.91%
Public Service Enterprise: 3.59%
PG&E Corp.: 3.46%
Vistra Corp.: 3.30%
With over $18 billion in assets and a low total expense ratio of just 0.09%**, XLU offers a cost-effective entry into the essential utilities industry.
Decoding XLU's Investment Strategy
XLU’s investment strategy is tailored to the unique dynamics of the utilities industry, focusing on companies that are S&P 500 components and integral to the nation’s economic infrastructure. By concentrating on these key players, XLU ensures that investors are exposed to companies that power our homes and businesses.
For more information, please visit the official website.
DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication.
About the Company:
Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals.
*Holdings, Weightings & Assets as of 9/30/24 subject to change
**Ordinary brokerage fees apply
DISCLOSURES
The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing.
One may not invest directly in an index.
Transparent ETFs provide daily disclosure of portfolio holdings and weightings
All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
Media Contact:
Company: Select Sector SPDRs
Contact: Dan Dolan*
Address: 1290 Broadway, Suite 1000, Denver, CO 80203
Country: United States
Email: dan.dolan@sectorspdrs.com
Website: https://www.sectorspdrs.com/
*Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust.
SEL007823 EXP 11/30/24
Contact Details
Dan Dolan
+1 203-935-8103
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/utilities-sector-xlu-portfolio-highlights-221109281
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