XLC
The Communication Services Select Sector SPDR Fund
The Communication Services Select Sector SPDR Fund tracks a market-cap-weighted index of US telecommunication and media & entertainment components of the S&P 500 index.
US
EQUITY
Passive
MANAGEMENT STYLE
25.8 B
ASSETS UNDER MGMT
8 bp
EXPENSES
Fund Basics
| Fund sponsor | SSGA |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 18, 2018 |
| Assets (mns) | $25,842 |
| Expense ratio | 8 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| META PLATFORMS INC | 13.2 % |
| ALPHABET INC. CLASS A | 10.3 % |
| ALPHABET INC. CLASS C | 8.3 % |
| WARNER BROS. DISCOVERY, INC. SERIES A | 6.0 % |
| NETFLIX INC | 5.6 % |
| ELECTRONIC ARTS INC | 4.7 % |
| WALT DISNEY CO/THE | 4.6 % |
| VERIZON COMMUNICATIONS INC | 4.4 % |
| TAKE-TWO INTERACTIVE SOFTWRE | 4.2 % |
| AT&T INC | 4.2 % |
Constituent Breakdown
| Number of holdings | 24 |
| Herfindahl-Hirschman Index | 615 |
| Wgt avg mkt cap (mns) | $906,783 |
| Large cap (>$10bn) | 93.5% |
| Mid cap ($2-10bn) | 5.4% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.9% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 99.0 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 18.6% | 24.7% | 33.2% | 33.5% | 14.2% | -- | -- | 12.0% |
| Dividend Yield | 1.1% | 1.4% | 1.5% | 1.4% | 1.1% | -- | -- | 1.1% |
| Total Returns | 19.7% | 26.2% | 34.7% | 35.0% | 15.3% | -- | -- | 13.0% | Ann. Volatility | 19.7% | 19.2% | 17.2% | 19.1% | 21.1% | -- | -- | 22.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.07 | 75% |
| MSCI EAFE | 0.57 | 28% |
| MSCI Emg Mkts | 0.46 | 21% |
Liquidity Measures
| Avg. volume (000) | 5,286 |
| ADV traded (mns) | $600 |
| Turnover | 2.3% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| Recent close | $113.54 |
| 30d moving avg. | $115.27 |
| Annualized volatility | 15.9% |
| Relative strength (RSI) | 46 |
| Short interest | 2.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| RSPC | Invesco S&P 500 Equal Weight Communication Services ETF | 73.8% | +32 bp | +5.8% |
| FCOM | Fidelity MSCI Communication Services Index ETF | 72.2% | +0 bp | +4.7% |
| VOX | Vanguard Communication Services ETF | 65.5% | +1 bp | +4.9% |
| IXP | iShares Global Comm Services ETF | 57.5% | +34 bp | +5.8% |
| GXPC | Global X PureCap MSCI Communication Services ETF | 54.3% | +17 bp | +4.9% |
| FDN | First Trust Dow Jones Internet Index Fund | 26.3% | +44 bp | +3.3% |
| FDND | FT Vest Dow Jones Internet & Target Income ETF | 26.2% | +67 bp | +3.1% |
| PJFG | PGIM Jennison Focused Growth ETF | 24.5% | +67 bp | +2.7% |
| PNQI | Invesco NASDAQ Internet ETF | 24.3% | +52 bp | +3.5% |
| BNGE | First Trust S-Network Streaming and Gaming ETF | 23.8% | +62 bp | +2.7% |
Risk and Returns: XLC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/13/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
XLC
5.6%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 999 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.4%. XLC's ALTAR Score™ is approximately
0.0 standard deviations
below
the category average. This places XLC in the 50th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
XLCSELL
U/W
HOLD
O/W
BUY