Financial Select Sector SPDR Fund (XLF)
| Assets | $38.02B |
| Expense Ratio | 0.09% |
| PE Ratio | 18.36 |
| Shares Out | 932.25M |
| Dividend (ttm) | $0.64 |
| Dividend Yield | 1.59% |
| Ex-Dividend Date | Mar 18, 2024 |
| Payout Ratio | 29.06% |
| 1-Year Return | +22.01% |
| Volume | 54,383,558 |
| Open | 40.33 |
| Previous Close | 40.36 |
| Day's Range | 40.28 - 40.85 |
| 52-Week Low | 31.26 |
| 52-Week High | 42.22 |
| Beta | 0.83 |
| Holdings | 74 |
| 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 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
55.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Berkshire Hathaway Inc. | BRK.B | 13.02% |
| JPMorgan Chase & Co. | JPM | 9.98% |
| Visa Inc. | V | 7.68% |
| Mastercard Incorporated | MA | 6.73% |
| Bank of America Corporation | BAC | 4.62% |
| Wells Fargo & Company | WFC | 3.85% |
| The Goldman Sachs Group, Inc. | GS | 2.51% |
| American Express Company | AXP | 2.44% |
| S&P Global Inc. | SPGI | 2.38% |
| The Progressive Corporation | PGR | 2.16% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 18, 2024 | $0.15252 | Mar 21, 2024 |
| Dec 18, 2023 | $0.1835 | Dec 21, 2023 |
| Sep 18, 2023 | $0.15505 | Sep 21, 2023 |
| Jun 20, 2023 | $0.15032 | Jun 23, 2023 |
| Mar 20, 2023 | $0.15261 | Mar 23, 2023 |
| Dec 19, 2022 | $0.20962 | Dec 22, 2022 |
News
The Investment Committee's Pullback Playbook: Nvidia, Applied Materials, Apple, Uber, XLF and XLV
The Investment Committee share their pullback playbook for today's down market.
Putting the Pressure on Banks
Gerard Cassidy, Head of US Bank Equity Strategy at RBC Capital Markets, discusses interest rate pressure on the banking industry, a credit crunch, and Jamie Dimon's comments this week at the Economic ...
VIDEO: ETF of the Week: SPDR S&P Insurance ETF (KIE)
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the SPDR S&P Insurance ETF (KIE) with Chuck Jaffe of “Money Life.” The pair talked about several ...
Bank earnings kick off tomorrow: Here's what you need to know
Bank earnings are kicking off tomorrow. The Investment Committee looks ahead to their favorite financial.
Bank earnings season on deck: Here's what you need to know
Tom Michaud, KBW CEO, joins 'Money Movers' to discuss what he wants to hear from banks about credit and implications to commercial real estate, if there are still any mysteries with commercial real es...
Here's what the technicals say about the XLF, Wells Fargo and JPMorgan
Bill Strazzullo, Bell Curve Trading chief market strategist, joins 'Power Lunch' to discuss what the charts say about the XLF, Wells Fargo and JPMorgan.
Proxy adviser ISS says Goldman should separate chairman and chief executive roles in challenge to David Solomon: report
Institutional Shareholder Services is recommending shareholders vote in favor of a measure to separate the chairman and chief executive officer roles currently held by Goldman Sachs Group Inc.'s David...
Growing Institutional Adoption of ETFs in 2023
Institutional adoption of ETFs continues, which should make all investors happy. In a new report from S&P Dow Jones Indices, the amount of money U.S. and Canadian “asset owners” held in ETFs increased...
Regional banks are experiencing stress and some are over-leveraged, says Tom Hulick
Tom Hulick, Strategy Asset Managers CEO, joins 'Power Lunch' to discuss if now is the time to avoid financial stocks, the gap between the Federal Reserve and equity markets, and more.
Buy These Stocks. Inflation Is Still on Its Way Down.
Cyclical companies could get a boost if the consumer price index for February, to be released next month, is lower than expected.
Large-cap financials face some risk to the downside, similar to the regionals, says BTIG's Krinsky
Jonathan Krinsky, BTIG chief market technician, joins 'Closing Bell' to discuss his expectation for more downside risk to the market.
Financials is the one sector that will surprise you this year, says Virtus Investment's Terranova
Joe Terranova and Jenny Harrington join CNBC's Halftime Report to pick their favorite financials in the sector.
Morgan Stanley upgrades Bank of America, Goldman Sachs and Citi on ‘lightened up' Basel III capital requirements
Morgan Stanley analyst Betsy Graseck on Tuesday upgraded Bank of America Corp., Goldman Sachs Group Inc., Citigroup Inc. and Bank of New York Mellon Corp. on optimism around pared-back capital require...
Financials' Rally Has Paused. It Isn't Too Late to Get In.
Technical analysis suggests financial stocks have room to gain.
Oppenheimer's Chris Kotowski breaks down Q4 bank earnings
Chris Kotowski, senior research analyst at Oppenheimer, joins 'The Exchange' to discuss Q4'23 bank earnings, how to position bank stocks moving forward, and more.
Actively managed ETFs are growing in popularity. Here's what you want one to look like.
The Gabelli Financial Services Opportunities Fund is an exchange-traded fund that is actively managed. This fund is less than two years old but has performed very well.
Financials services may see more layoffs in 2024, says Recruiter.com's Evan Sohn
Evan Sohn, Recruiter.com chairman, joins 'The Exchange' to discuss the latest labor market data, what to expect for the upcoming jobs report, and more.
Investors should ‘be patient' with beaten-down bank sector, buy-side fund manager says
The clouds over bank stocks aren't expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation.
Higher-for-longer interest rates challenge banks as mixed Q3 earnings stack up
The higher-for-longer interest-rate environment weighed on banks during the quarter as one central theme this earnings season, banking-industry players told MarketWatch.
Bank stocks, financial ETFs struggle as Morgan Stanley shares head for biggest drop since 2020
Exchange-traded funds that buy stocks in the financial sector were struggling Wednesday, with Morgan Stanley's steep drop landing it among the S&P 500's worst performers.
CFRA's Ken Leon says deposit risks are still a concern for regional banks
Ken Leon, CFRA Director of Equity Research, joins 'Closing Bell: Overtime' to discuss bank earnings and what to expect next week from regionals.
Bank stock indexes mark sixth straight day of gains in morning trades
Bank stock indexes were moving higher on Wednesday to mark their sixth straight day of gains, as bond yields eased back. The SPDR S&P Bank ETF KBE, +0.87% was up 0.7% and is trading at its highest lev...
Stock market and earnings outlook: What to watch from financials
Earnings season kicks off Friday, October 13 as several banks including JPMorgan Chase & Co. (JPM), Citigroup (C), and PNC Financial Services Group (PNC), will be reporting earnings. Scott Krisiloff, ...
JPMorgan's Jamie Dimon says bank employees safe over the weekend; bank stocks fall on heels of Israel-Hamas war
JPMorgan Chase & Co. Chief Executive Jamie Dimon acknowledged the tragedy of bloodshed in Israel and said bank employees remained safe over the weekend, as bank stocks fell more deeply into the red th...
September Jobs report sets stage for regional-bank stock underperfomance as yields resume run-up
Regional-bank stocks on Friday lagged the broader market but rose from lows earlier in the day, as Wall Street reacted to a rise in Treasury yields driven by a stronger-than-expected September jobs re...