Financial Select Sector SPDR Fund (XLF)
| Assets | $52.43B |
| Expense Ratio | 0.08% |
| PE Ratio | 19.40 |
| Shares Out | 997.75M |
| Dividend (ttm) | $0.74 |
| Dividend Yield | 1.38% |
| Ex-Dividend Date | Sep 22, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 26.85% |
| Volume | 31,914,603 |
| Open | 52.85 |
| Previous Close | 52.54 |
| Day's Range | 52.81 - 53.28 |
| 52-Week Low | 42.21 |
| 52-Week High | 54.50 |
| Beta | 1.00 |
| Holdings | 79 |
| Inception Date | Dec 16, 1998 |
About XLF
Fund Home PageThe Financial Select Sector SPDR Fund (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
55.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Berkshire Hathaway Inc. | BRK.B | 11.92% |
| JPMorgan Chase & Co. | JPM | 10.74% |
| Visa Inc. | V | 7.79% |
| Mastercard Incorporated | MA | 6.28% |
| Bank of America Corporation | BAC | 4.68% |
| Wells Fargo & Company | WFC | 3.59% |
| The Goldman Sachs Group, Inc. | GS | 3.01% |
| Morgan Stanley | MS | 2.56% |
| American Express Company | AXP | 2.56% |
| Citigroup Inc. | C | 2.36% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 22, 2025 | $0.17799 | Sep 24, 2025 |
| Jun 23, 2025 | $0.17211 | Jun 25, 2025 |
| Mar 24, 2025 | $0.17878 | Mar 26, 2025 |
| Dec 23, 2024 | $0.20625 | Dec 26, 2024 |
| Sep 23, 2024 | $0.16531 | Sep 25, 2024 |
| Jun 24, 2024 | $0.1628 | Jun 26, 2024 |
Performance
XLF had a total return of 14.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.93%.
News
'Cockroach' jabs and regional bank breakdowns: The week private credit's 'golden' narrative got a little less shiny
Jamie Dimon's concern over "cockroaches" in credit has spawned a debate about private credit. While some industry watchers sound the alarm on the booming industry, others are more sanguine.
Review & Preview: The Banks Are OK, For Now
A day after worries about the U.S. banking system threatened to spin out of control, the market took a deep breath.
Investors believe credit issues are idiosyncratic, says Trivariate's Adam Parker
Adam Parker, Trivariate Research founder, joins 'Closing Bell' to discuss Parker's thoughts on the credit environment, what could go wrong with capital expenditures and much more.
Global bank stocks wobble amid U.S. credit concerns
Fear over credit quality in U.S. regional banks rippled through markets on Friday, dragging global financial stocks lower and reviving memories of the crisis of confidence that shook sentiment just ov...
The 'Halftime' Investment Committee discusses whether you can bank on financials
The Investment Committee debate whether financials can continue pushing higher.
Final Trades: The Mosaic, the IBIT, and the XLF
The Investment Committee give you their top stocks to watch for the second half.
Worldwide Exchange: ETF Flows Week of September 29
CNBC's Frank Holland speaks with Robert Doll, CEO & CIO at Crossmark Global Investments, about the action in ETFs this week.
History Favors the Financial Sector Following Rate Cuts
The first rate cut of the year gives investors the opportunity to position their portfolios to capture future upside in certain sectors, should further cuts occur. History has an uncanny ability to re...
AI's Winners Aren't All in Tech. 22 Cheaper Stocks to Consider.
Investors can benefit from artificial intelligence without taking the risk of buying the highflying technology names.
‘Banks at risk most since 2008': Market expert's stark alert
Bear Traps Report founder and NYT bestselling author Larry McDonald joined ‘Mornings with Maria' to warn that Wall Street faces its biggest risks since 2008, with rising defaults, shaky banks and loom...
2 Income Powerhouses Entering Deep Bargain Territory
The current economic environment is marked by persistent inflation and a weakening labor market, raising uncertainty and risk for investors. Despite these risks, large-cap equities, tech stocks, and h...
XLF: Financials Appear Primed For More Record Highs (Rating Upgrade)
The Financial Select Sector SPDR Fund ETF is upgraded from hold to buy, supported by strong fundamentals and technical momentum. XLF offers diversified exposure to US financials, reasonable valuation ...
Final Trade: C, XLF, UPS, MPC
The final trades of the day with the Fast Money traders.
The Bulls Are Back. This ETF Stands to Gain.
We had been measured ahead of the Fed meeting. Now that risks seem to be easing, it makes it easier to have conviction that stocks can advance in a lower-rate environment.
Chart Of The Day: One Toronto Chart That Tells This Market's Story
For the longest time, shares of banks like Royal Bank of Canada (RY) and Bank of Montreal (BMO) essentially marked time. But the banks caught fire in mid-2024, then broke out above prior highs across ...
Financial stocks poised to benefit from Fed's expected rate cuts says this analyst
Financial stocks may emerge as one of the biggest winners from the Federal Reserve's anticipated policy pivot, according to Lauren Goodwin, chief marketing strategist at New York Life Investments.
Financials hit a new all-time high: The Committee's top bank plays
The Investment Committee discuss their top bank plays as the Financials ETF hits a new all-time high.
Final Trades: Uber, Rocket Companies, Walmart and the XLF
The Investment Committee give you their top stocks to watch for the second half.
Regional bank consolidation will heat up soon, says Commerce Street CEO Dory Wiley
CNBC's "Power Lunch" team breaks down what is moving markets during the day's trading session, including bank earnings, and more with Jay Woods, chief global strategist at Freedom Capital Markets, and...
XLF: An Attractive Blend Of Financial Stocks And A Low Cost
XLF offers an attractive, diversified mix of financial stocks, including banks, insurers, payment processors, and private market leaders, balancing growth and defensiveness. The ETF's ultra-low 0.08% ...
Upside scenario is becoming base case for Big Banks, says KBW's McGratty
Chris McGratty, KBW, joins 'Fast Money' to talk what to expect out of Big Bank earnings following KBW's upgrades for JPMorgan and Morgan Stanley.
Why this technical analyst is bullish on regional banks
Jay Woods, Chief Global Strategist for Freedom Capital Markets, explains why he's so high on regional banks.
UBS' Erika Najarian: Banks are in wait-and-see mode
Erika Najarian, UBS large cap bank analyst, joins CNBC's 'Squawk on the Street' to discuss what's on deck for banks in the second half of the year.
CNC Hits 8-Year Low, Big Banks Boost Dividends, STZ Earnings Rally
Centene (CNC) sold off more than 30% at the opening bell after withdrawing full-year guidance. Diane King Hall talks about how the "big, beautiful bill" plays a pivotal role in that downside price act...
Banks capital-return plans on deck after market close
CNBC's Leslie Picker joins 'Squawk on the Street' with the latest news on the banking sector.
Banks rise on regulatory hopes
CNBC's Leslie Picker joins 'Money Movers' to discuss the financial sector seeing a rise is stock amid passing the Fed's stress test.
Loosening capital requirements will lead to increased bank M&A, says RBC's Gerard Cassidy
CNBC's "Fast Money" is joined by Gerard Cassidy, head of U.S. bank equity strategy and large cap bank analyst at RBC Capital Markets, to discuss the outlook for the banking industry, the upcoming resu...
Fed Votes to Advance Proposal to Ease Banks' Capital Requirements
The Federal Reserve reportedly voted Wednesday (June 25) to advance a proposal that would ease the “enhanced supplementary leverage ratio” that determines the amount of capital banks must hold against...
Divided Fed proposes rule to ease capital requirements for big Wall Street banks.
The Federal Reserve unveiled a proposal on Wednesday to ease Tier 1 capital requirements for the biggest U.S. banks, CNBC's Leslie Picker reports, though not everyone at the central bank agreed with t...
New York banks, REITs fall as Mamdani's mayoral lead stokes rent freeze worries
Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdani's lead in New York City's Democratic mayoral primary stoked concerns that his proposed rent...
Financials Up as Treasury Yields Flatten Out -- Financials Roundup
Shares of banks and other financial institutions rose as Treasury yields fell for the second straight week.
Never Bet Against America? I'm Considering It With This International ETF
The U.S. remains the dominant global economic power, but ongoing trade tensions may threaten its long-term leadership. I continue to invest in American businesses, but believe diversifying internation...
XLF Has Big Downside Risk
I rate XLF a Sell due to concerns about valuation, sector risks, and recent outperformance versus the broader market. Financials face significant risks from inflation, higher interest rates, and poten...
Investors are underinvested in financials, which look pretty cheap, says TD Cowen's Jeff Solomon
Jeffrey Solomon, TD Cowen president, joins 'Money Movers' to discuss markets, long-term investment plays and the bank trade.
Call of the Day: Bank stocks
Oppenheimer is downgrading the banks. It's our Call of the Day.
XLF: The Financials Sector Is Beating Expectations, More Upside Is Ahead
I rate XLF a buy, supported by strong earnings growth, sector resilience, and attractive valuations versus the S&P 500. Financials outperformed the S&P 500 for a second year, with diversified banks, p...
Bank stocks see broad rally as U.S.-China trade talks reduce recession predictions
With the prospect of more favorable tariff terms between the two key trading partners, investors are betting that increased economic activity will boost financial activity.
Defensive Sectors Continue To Lead U.S. Stock Market This Year
President Trump announced a US-UK trade deal yesterday, which may be an early sign of a thaw in the global trade war. Although the broad US stock market has rebounded sharply in recent weeks, the reco...
Final Trade: XLF, ORLY, PFE, UBER
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Two Stocks To Consider During Market Unrest To Provide Income Stability
Investors should remain calm amid market volatility and consider buying during price dips, with 2025 expected to see more turbulence. Kenvue's strong brand portfolio and solid liquidity offer price st...
XLF ETF Is Not Out Of The Woods Yet
I consider XLF a HOLD due to mixed impacts from the current aggressive interest rate cut outlook. Lower interest rates could benefit some of XLF's holdings through increased lending and increased econ...
BKCL:CA: Leveraging Canada's Big 6 In A Possibly Imminent Recession
BKCL:CA is a levered ETF offering a 17.7% yield, enhanced by covered call strategies on Canadian banks, making it a compelling buy for yield-focused investors. Covered call strategies work best in sid...
Financials look good and have held their own well, says Renaissance Macro's Jeff deGraaf
Jeff deGraaf, Renaissance Macro head of technical research, joins 'Closing Bell' to discuss what he's seeing in sector trends and the technicals.