State Street Financial Select Sector SPDR ETF (XLF)
| Assets | $52.86B |
| Expense Ratio | 0.08% |
| PE Ratio | 16.46 |
| Shares Out | 922.55M |
| Dividend (ttm) | $0.83 |
| Dividend Yield | 1.51% |
| Ex-Dividend Date | Sep 21, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 23.77% |
| Volume | 24,086,646 |
| Open | 56.00 |
| Previous Close | 55.90 |
| Day's Range | 54.55 - 56.05 |
| 52-Week Low | 47.67 |
| 52-Week High | 58.60 |
| Beta | 0.86 |
| Holdings | 80 |
| Inception Date | Dec 16, 1998 |
About XLF
Fund Home PageThe State Street Financial Select Sector SPDR ETF (XLF) is an exchange-traded fund that is based on the S&P Financial Select Sector index. The fund tracks an index of S&P 500 financial stocks, weighted by market cap. XLF was launched on Dec 16, 1998 and is issued by State Street.
Top 10 Holdings
57.38% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 11.87% |
| Berkshire Hathaway Inc. | BRK.B | 11.86% |
| Visa Inc. | V | 8.00% |
| Mastercard Incorporated | MA | 5.82% |
| Bank of America Corporation | BAC | 4.78% |
| The Goldman Sachs Group, Inc. | GS | 3.54% |
| Wells Fargo & Company | WFC | 3.32% |
| Morgan Stanley | MS | 3.12% |
| Citigroup Inc. | C | 2.87% |
| The Charles Schwab Corporation | SCHW | 2.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 21, 2026 | $0.19654 | Sep 23, 2026 |
| Jun 22, 2026 | $0.18708 | Jun 24, 2026 |
| Mar 23, 2026 | $0.25149 | Mar 25, 2026 |
| Dec 22, 2025 | $0.19077 | Dec 24, 2025 |
| Sep 22, 2025 | $0.17799 | Sep 24, 2025 |
| Jun 23, 2025 | $0.17211 | Jun 25, 2025 |
Performance
XLF had a total return of 2.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.92%.
News
With Rates on the Rise, Lean Into the Financials Sector
Of all the macroeconomic headlines that occurred this week, none were likely quite as impactful as the Fed's decision to raise interest rates. Key Takeaways: The Federal Reserve recently raised inter...
3 Best ETFs for 14%+ Upside Potential, According to the AI Analyst
TipRanks’ ETF AI Analyst has an Outperform rating on the Vanguard Dividend Appreciation ETF ($VIG), Financial Select Sector SPDR Fund ($XLF), and Alerian MLP ETF ($AMLP). The ETF Analyst sees more tha...
US banks raise prime rate after Fed decision
Top U.S. banks raised their prime lending rate on Wednesday after the Federal Reserve increased its benchmark interest rate, a move that is set to raise borrowing costs for consumers and businesses.
Midterms Won't Settle Washington's Volatility
Political volatility should stay elevated even after Democrats retake the House this November, State Street Investment Management said. Republicans are still expected to hold the Senate, leaving littl...
Why Midterm Gridlock Favors Sector ETFs
Prediction markets point to a divided Congress after November's midterm elections: Democrats retaking the House, Republicans holding the Senate. Key Takeaways: A divided Congress after the midterms ma...
These 3 ETFs Could Deliver Over 12% Upside, According to the AI Analyst
TipRanks’ ETF AI Analyst rates the State Street SPDR Portfolio S&P 500 ETF ($SPYM), Financial Select Sector SPDR Fund ($XLF), and Vanguard S&P Mid-Cap 400 Growth ETF ($IVOG) as Outperform and sees…
XLE, XLF & XLV Forecast: Energy Eyes Breakout as XLV Slips
XLE eyes fresh highs as oil rises, while XLF consolidates and XLV tests key support after breaking below a major trendline.
Why Robinhood Stock (HOOD) Jumped 36% in August and What Wall Street Sees Next
Robinhood Markets ($HOOD) was the best-performing major financial stock in August, jumping 36.03% compared with just a 0.54% gain for the Financial Select Sector SPDR Fund ($XLF). The rally came…
Sector ETFs Post Record $25B Inflow as Tech Leads
U.S.-listed sector ETFs pulled in a record $25 billion in July, according to a report from State Street Investment Management. Investors used a sharp technology selloff to load up on artificial intell...
XLU, XLF, and XLK Forecasts – Sector ETFs Rally as Rates Ease
ETFs are in focus this morning, as the overall stock market continues to rise in premarket trading.
Financial stocks are crushing it. These charts show why the ‘breakout' rally may have just begun.
The breakout to record highs by bank stocks, plus their strong earnings and favorable valuations, suggest more good times ahead for the financial sector.
The $55B quarter: how trading, AI, and dealmaking drove record earnings for Big Banks
Wall Street's biggest banks are proving that even geopolitical uncertainty and volatile markets can be highly profitable when trading desks stay busy and artificial intelligence fuels an unprecedented...
US regional banks brush off war jitters with lending surge, fee boost
U.S. regional banks including U.S. Bancorp and PNC Financial relied on a lending rebound and strong fee income to deliver broad second-quarter gains, alleviating concerns that the Middle East war woul...
As semiconductor stocks slump, one AI-adjacent sector is thriving — and these are the stocks to buy
Another way to exploit the AI evolution is available for investors
Bank earnings on deck: Here's what to expect
KBW CEO Tom Michaud joins CNBC's Squawk on the Street to discuss his expectations for bank earnings as major banks begin reporting second-quarter results on Tuesday, the outlook for regional banks, an...
As bank earnings approach, a market anomaly emerges
The Financial Select Sector Index trades at roughly 15.5 times forward earnings — about a turn and a quarter cheaper than where it stood in 2024.
Dow falls 400 points, oil surges after Trump says Iran ceasefire is ‘over' – which could halt gas decline
Fresh tensions over the Strait of Hormuz, a vital maritime route for 20% of the world's oil, could keep gasoline from falling below the $3 mark.
Big Banks Ace an Easier Annual Stress Test
JPMorgan, Bank of America passed the tests with flying colors after the Federal Reserve last year began releasing details of the tests in advance
Big Banks Can Weather Severe Recession, Fed Says, in Unusual Year for Stress Tests
The Federal Reserve said the nation's largest banks could absorb $708 billion in losses and keep lending, though this year's stress-test results won't affect capital requirements.
US banks look for new bill of health from Fed stress tests
Financial markets will gain a fresh glimpse into the overall health of the largest U.S. banks on Wednesday when the Federal Reserve releases the results of its latest stress test.
Wall Street's Deregulatory Campaign: Who Pays When Banks Lose?
Wrapped in the technical language of Basel III capital reform, the Bank Policy Institute, American Bankers Association, Financial Services Forum, U.S. Chamber of Commerce, and Consumer Bankers Associa...
Banking Groups Push to Reduce Basel Proposal Capital Charges
Five trade groups said Thursday (June 18) that the federal banking agencies' Basel capital proposal released in March should be altered to eliminate areas of overcapitalization and better align capita...
US banks to make final push on capital rule changes as Fed wraps up consultation
Large U.S. banks on Thursday will formally pitch the central bank on tweaks to a Federal Reserve proposal aimed at reducing the funds they must set aside to absorb potential losses, as the central ba...
Japan bank lobby warns of potential service disruptions due to AI-enabled cyberattacks
Japanese lenders may be forced to suspend services such as ATMs and online banking if sophisticated AI models end up posing a serious threat to the banking system, said the chair of the country's ba...
Deregulating In A Financial Boom: Why Governor Barr Is Right
In a speech delivered on June 6, 2026, at American University, Federal Reserve Governor Michael S. Barr issued one of the most urgent warnings in recent memory about the trajectory of U.S. bank regula...
Tokenized Deposits Set Up Banking's Next Network Race
As volatility again rattles large swathes of the cryptocurrency market, the largest financial institutions in the United States are moving ahead with plans for a shared tokenized deposit network. The ...
Bank Regulators Hope to Sell Congress on Deregulation
Bank regulators in the United States are headed to Congress to tout the benefits of deregulation. Their argument is that scaling back banking rules and oversight will spark economic activity without c...
US bank regulators to tout deregulatory agenda to lawmakers
The nation's top bank regulators plan to tell Congress on Thursday that their efforts to trim bank rules and oversight will bolster economic activity and innovation without injecting undue risk into...
Shadow Banking's $1.47 Trillion Takeover Of U.S. Bank Lending
Two must-read reports — the FDIC Bank Quarterly and the Alvarez & Marsal deregulation primer — reveal how eighteen months of regulatory rollback unleashed an extraordinary surge in bank lending to hed...
U.S. banks report profit uptick in first quarter: FDIC
U.S. banks reported a 3.6% increase in their profits in the first quarter of 2026, rising to $80.5 billion as domestic deposits grew again and banks set aside slightly more against potential losse...
Banks Face A Two-Front War: Inflation And Rising Defaults
For much of the past year, investors and bank regulators hoped the U.S. banking system was moving beyond the regional banking turmoil of 2023. Most banks remained profitable, liquidity conditions impr...
House Votes to Cut Red Tape for Smaller Banks
The House of Representatives passed bills Tuesday (May 12) that would tailor the supervisory requirements and reduce the frequency of examination for smaller financial institutions that are well manag...
OCC Recommends Banks Sharpen AI Defense Tactics
The Office of the Comptroller of the Currency highlighted artificial intelligence as both a risk and an opportunity for innovation in its spring 2026 Semiannual Risk Perspective. AI is one of several ...
Beyond Bank Runs: The OCC Warns Of A More Complex Financial Threat
The Office of the Comptroller of the Currency's latest risk assessment offers a striking message for the banking industry: the U.S. financial system may appear stable on the surface, but underneath, r...
The Financial Sector Is Poised to Lead if Market Sentiment Improves. 2 Stocks to Watch.
The Financial Select Sector SPDR Fund (XLF) edged modestly higher last week.
Hedge funds 'aggressively' short financial stocks, says Goldman
Global hedge funds sold shares of bank, insurance, fin-tech and trading companies in the week to March 13, making financials the most sold stock sector this year, said Goldman Sachs in a note to cli...
Bank Stocks Slide After Iran Threatens To Target U.S.-Israeli Financial Institutions
Bank stocks slid slightly in pre-market trading Wednesday morning after Iran threatened to strike banks and economic interests in the Middle East linked to the United States and Israel, following an a...
US banks on high alert for cyberattacks as Iran war escalates
The U.S. financial services industry is on heightened alert for potential cyberattacks amid the unfolding U.S. war in Iran, with firms stepping up monitoring for threats that often rise during perio...
The Big 3: XLF, RKLB, MSFT
No matter what the tech sector does to wow Wall Street, Jason Brown (@brownreport) says it's not enough to please investors, noting the selling action off Nvidia's (NVDA) earnings. He turns to opportu...
Financial stocks are off to their worst yearly start in a decade. How to spot value.
A screen of the S&P 500 financial sector highlights companies with high returns on equity that are trading at low P/E valuations.
AI Threat Widens to Financial Sector
Wealth-manager stocks tumbled as weak retail sales weighed on indexes.