State Street Financial Select Sector SPDR ETF (XLF)
| Assets | $54.38B |
| Expense Ratio | 0.08% |
| PE Ratio | 19.30 |
| Shares Out | 1.00B |
| Dividend (ttm) | $0.72 |
| Dividend Yield | 1.32% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 25.51% |
| Volume | 44,346,270 |
| Open | 54.37 |
| Previous Close | 54.37 |
| Day's Range | 54.29 - 54.76 |
| 52-Week Low | 42.21 |
| 52-Week High | 56.52 |
| Beta | 0.94 |
| 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
55.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Berkshire Hathaway Inc. | BRK.B | 11.63% |
| JPMorgan Chase & Co. | JPM | 10.84% |
| Visa Inc. | V | 7.12% |
| Mastercard Incorporated | MA | 5.73% |
| Bank of America Corporation | BAC | 4.55% |
| The Goldman Sachs Group, Inc. | GS | 3.77% |
| Wells Fargo & Company | WFC | 3.59% |
| Morgan Stanley | MS | 2.97% |
| Citigroup Inc. | C | 2.71% |
| American Express Company | AXP | 2.47% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.19077 | Dec 24, 2025 |
| 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 |
Performance
XLF had a total return of 11.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.01%.
News
The Big 4 Banks Have Spoken: This Is The Curve That Matters This Year
The Big 4 banks—JPM, WFC, C, BAC—signal a transition to a stable, post-rate-shock environment with resilient consumer credit and moderate loan growth. Banks expect net interest income to plateau, but ...
Big Bank Earnings Recap: "Great Shape for 2026," Mind Small Warning Flags
The bulk of big bank earnings are largely in investor hands. Macrae Sykes says the "banking sector's in great shape for 2026.
Financials and defense stocks have done very well, says Evans May Wealth's Elizabeth Evans
Elizabeth Evans, Evans May Wealth managing partner, joins 'Closing Bell' to discuss the market playbook for the year ahead, which sectors will outperform and much more.
Big Banks Power Up: JPMorgan, Goldman Sachs, Morgan Stanley Strengthen Financial ETFs
Financial-sector ETFs rebounded as gains in major Wall Street banks and dealmakers helped blunt the lingering policy noise, underlining the sector's resilience after a volatile start to the week.
Jim Cramer shares his take on banking stocks
'Mad Money' host Jim Cramer looks at how Big Bank stocks are trading to start the year.
Big banks had strong earnings but high expectations hence reaction, says KBW's Chris McGratty
Chris McGratty, KBW head of U.S. bank research, joins 'Closing Bell' to discuss the earnings from the big banks, the outlook and much more.
Banks and financials could benefit from the productivity of using AI tools: DWS Group's David Bianco
David Bianco, Americas CIO at DWS Group, joins 'Money Movers' to discuss bank earnings, market themes, and more.
My Ultimate Dividend ETF Combo For 5%+ Yield And 10%+ Annual Growth
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Investors Eye AI Spending in Bank Earnings
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RBC's Gerard Cassidy talks buying weakness in bank stocks
Gerard Cassidy, RBC Capital Markets Co-Head of Global Financials Research, joins 'Fast Money' to talk why he suggest buying into weakness in banking stocks.
Tim Seymour: Banks should trade on a higher multiple with deregulation
Tim Seymour, Seymour Asset Management CIO, joins 'The Exchange' to discuss how to invest around Trump's calls for a cap on credit card fees.
Bank stocks rally has more to go, says Wells Fargo's Mike Mayo
CNBC's "Closing Bell" team discusses the outlook for bank earnings and more with Mike Mayo of Wells Fargo.
The Chart That Answers Your Question About BDC Dividend Cuts
Investors have started to question how sustainable BDC dividends are. A lot of this skepticism is logical and justified by valid reasons. My calculus shows that on average BDCs could cut their dividen...
'Fast Money' traders talk the state of the Big Bank sector heading into 2026
The 'Fast Money' traders talk the state of the Big Bank sector heading into 2026.
Could see bigger bank mergers in first half of 2026, says UBS' Erika Najarian
Erika Najarian, UBS, joins 'Power Lunch' to talk what is ahead for the Big Banks and Financial sectors in 2026.
Banks beat Mag 7 as rates and dealmaking lift profits: RBC's Gerard Cassidy
Gerard Cassidy, Managing Director and Co-Head of Global Finance Research at RBC Capital Markets, says financials are rallying on rate-cut hopes, deregulation, stronger capital markets, and potential l...
This Is How I'm Harvesting BDC Cash Flows For My Retirement
This Is How I'm Harvesting BDC Cash Flows For My Retirement. The double-digit yields, term 'private credit,' cases like First Brands and Tricolor are just some examples that introduce a high degree of...
XLF Rally Continuing Into 2026? Rebecca Walser Offers Banking Bull Case
Rebecca Walser (@walserwealth) believes the financial sector will continue to see gains in 2026. Lower interest rates courtesy of the Fed bodes well for big banks, according to Rebecca, along with cry...
3 Reasons Why XLF Is My Top Pick To Beat The Market In 2026
Dispersion matters more in 2026 than owning the broad market. Sector momentum vs.
Why Finance ETFs Could Keep Outperforming The Broader Market In 2026
America's largest banks are on the way to close the year 2025 with historic stock prices, strengthening balance sheets and regulatory freedom, per a Yahoo! Finance report — and investors in banking ET...
No Bull Market Without Banks. 3 Stocks With Bullish Charts.
Lemonade, Moelis, and Bank of Montreal are showing constructive technical setups.
State Street Now Distributor for Select Sector SPDR ETFs
State Street Investment Management (SSIM) has been the investment advisor for the Select Sector SPDR ETFs since 1998. It will now take over the distribution and marketing for these funds.
XLF: 3 Reasons Why I Am Not A Buyer
The Financial Select Sector SPDR Fund offers exposure to U.S. financial services but has underperformed the S&P 500 since inception. XLF's concentrated portfolio features top holdings like Berkshire H...
Active vs. Passive ETF Flows, State Street on ETF Industy's Future | ETF IQ 11/24/2025
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Capital Group Head of Global Pr...
US bank profits climb in Q3 as loss provisions ease, FDIC says
According to numbers released Monday by the Federal Deposit Insurance Corporation, the US banking industry's quarterly profitability rebounded sharply, jumping 13.5% to $79.3 billion in the third quar...
$1.7 trillion-dollar ETF giant State Street says 401(k) market about to face new low-cost challenger
State Street, which manages roughly $1.7 trillion in ETFs, is planning to offer traditional mutual fund versions of its exchange-traded funds in the retirement plan market, including 401(k) and 403(b)...
Schwab IMPACT 2025: Record $13T in ETFs & What's Next for ETF Assets
Matt Camuso, Head of ETF Solutions at BNY Investments, says there are $13 trillion of assets in ETFs. That's compared to $5 trillion a year prior.
State Street's Anna Paglia on why the firm is shifting from ETFs to mutual funds
Anna Paglia, State Street Investment Research CBO and chief business officer, joins CNBC's Dom Chu on the type of assets and ETFs State Street is seeing the flows into. She also shares why the firm is...
'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.
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.