XLI
Industrial Select Sector SPDR
Select Sector SPDR® holding S&P 500 stocks in the Industrials sector. Component industries include Capital Goods; Commercial Services & Supplies; and Transportation firms. The fund seeks investment results that, before expenses, generally correspond to the price and yield performance of the benchmark index.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 33.5 B
ASSETS UNDER MGMT
8 bp
EXPENSES
Fund Basics
| Inception date | Dec 16, 1998 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| CATERPILLAR INC | 7.8 % |
| GE AEROSPACE | 6.6 % |
| GE VERONA | 5.2 % |
| RTX CORP | 4.7 % |
| BOEING CO | 3.1 % |
| UNION PACIFIC CORP | 3.0 % |
| EATON CORP PLC | 2.8 % |
| UBER TECHNOLOGIES, INC. | 2.7 % |
| DEERE & CO | 2.6 % |
| VERTIV HOLDINGS CO. CLASS A | 2.2 % |
Constituent Breakdown
| Number of holdings | 80 |
| Herfindahl-Hirschman Index | 269 |
| Wgt avg mkt cap (mns) | $154,786 |
| Large cap (>$10bn) | 96.9% |
| Mid cap ($2-10bn) | 0.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.7% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 92.0 % |
 |
IRELAND | 6.4 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 19.4% | 25.6% | 23.3% | 20.0% | 12.6% | 12.7% | 8.9% | 7.8% |
| Dividend Yield | 0.6% | 1.6% | 1.7% | 1.7% | 1.7% | 2.0% | 2.1% | 1.9% |
| Total Returns | 20.0% | 27.2% | 25.0% | 21.7% | 14.3% | 14.7% | 11.0% | 9.8% | Ann. Volatility | 20.0% | 16.5% | 18.3% | 16.5% | 17.6% | 20.0% | 21.4% | 21.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 54% |
| MSCI EAFE | 0.79 | 55% |
| MSCI Emg Mkts | 0.46 | 40% |
Liquidity Measures
| Avg. volume (000) | 7,385 |
| ADV traded (mns) | $1,330 |
| Turnover | 4.0% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| 30d moving avg. (EMA) | $179.20 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 2.04/2.39 |
| Bollinger Bands (Upper/Lower) | $186.63/$175.36 |
| Short interest (% of AUM) | 16.8% |
Distributions
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. XLI |
Expenses vs. XLI |
ALTAR Score™ vs. XLI |
|---|---|---|---|---|
| VIS | Vanguard Industrials ETF | 75.0% | +1 bp | 0.0% |
| FIDU | Fidelity MSCI Industrial Index ETF | 73.9% | +0 bp | +0.4% |
| RSPN | Invesco S&P 500 Equal Weight Industrials ETF | 63.5% | +32 bp | +0.9% |
| IYJ | iShares U.S. Industrials ETF | 59.2% | +32 bp | +0.3% |
| EXI | iShares Global Industrials ETF | 55.7% | +34 bp | +0.5% |
| MADE | iShares U.S. Manufacturing ETF | 40.1% | +32 bp | -0.2% |
| PPA | Invesco Aerospace & Defense ETF | 29.2% | +50 bp | -2.0% |
| AV | Corgi Aerospace & Commercial Aviation ETF | 27.9% | +27 bp | -0.5% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 26.9% | +41 bp | +1.0% |
| HWAY | Themes US Infrastructure ETF | 26.6% | +21 bp | +0.7% |
Risk and Returns: XLI 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | |
| 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 7/16/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
4.3%
ALTAR SCORE™
31st
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. XLI's ALTAR Score™ is approximately -0.5 standard
deviations above the category average. This places XLI in the 31st percentile
among funds in the category.
Sell-Side Consensus
$191.34
PRICE TARGET
+6.3%
UPSIDE