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
$ 28.1 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 | 6.5 % |
| GE AEROSPACE | 6.0 % |
| RTX CORP | 5.1 % |
| GE VERONA | 4.6 % |
| BOEING CO | 3.0 % |
| DEERE & CO | 2.9 % |
| UBER TECHNOLOGIES, INC. | 2.9 % |
| UNION PACIFIC CORP | 2.9 % |
| HONEYWELL INTERNATIONAL INC | 2.8 % |
| EATON CORP PLC | 2.8 % |
Constituent Breakdown
| Number of holdings | 79 |
| Herfindahl-Hirschman Index | 256 |
| Wgt avg mkt cap (mns) | $120,790 |
| Large cap (>$10bn) | 99.4% |
| Mid cap ($2-10bn) | 0.5% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 93.1 % |
 |
IRELAND | 6.5 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 14.2% | 29.9% | 21.0% | 20.6% | 14.3% | 13.0% | 8.9% | 7.7% |
| Dividend Yield | 0.0% | 1.8% | 1.7% | 1.9% | 1.8% | 2.0% | 2.1% | 1.9% |
| Total Returns | 14.2% | 31.7% | 22.7% | 22.5% | 16.1% | 15.0% | 11.0% | 9.7% | Ann. Volatility | 15.9% | 19.2% | 16.8% | 15.9% | 17.2% | 19.8% | 21.2% | 21.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.89 | 79% |
| MSCI EAFE | 0.91 | 61% |
| MSCI Emg Mkts | 0.73 | 47% |
Liquidity Measures
| Avg. volume (000) | 16,479 |
| ADV traded (mns) | $2,665 |
| Turnover | 9.5% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| 30d moving avg. (EMA) | $166.77 |
| Relative strength (RSI) | 42 |
| MACD/Signal | -2.50/-1.71 |
| Bollinger Bands (Upper/Lower) | $177.10/$157.06 |
| Short interest (% of AUM) | 16.8% |
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. XLI |
Expenses vs. XLI |
ALTAR Score™ vs. XLI |
|---|---|---|---|---|
| VIS | Vanguard Industrials ETF | 76.1% | +1 bp | 0.0% |
| FIDU | Fidelity MSCI Industrial Index ETF | 75.4% | +0 bp | -0.1% |
| RSPN | Invesco S&P 500 Equal Weight Industrials ETF | 63.0% | +32 bp | +0.8% |
| IYJ | iShares U.S. Industrials ETF | 60.6% | +32 bp | +0.3% |
| EXI | iShares Global Industrials ETF | 54.3% | +34 bp | -0.2% |
| MADE | iShares U.S. Manufacturing ETF | 41.0% | +32 bp | -0.2% |
| PPA | Invesco Aerospace & Defense ETF | 35.1% | +50 bp | -2.3% |
| NATO | Themes Transatlantic Defense ETF | 30.2% | +27 bp | -2.1% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 29.5% | +41 bp | +1.5% |
| ITA | iShares U.S. Aerospace & Defense ETF | 27.3% | +32 bp | -2.6% |
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 4/1/2026
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
4.6%
ALTAR SCORE™
28th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,196 funds in the US Equity category with an average
ALTAR Score™ of 5.8% and a standard deviation
of 2.1%. XLI's ALTAR Score™ is approximately -0.6 standard
deviations above the category average. This places XLI in the 28th percentile
among funds in the category.
Sell-Side Consensus
$190.46
PRICE TARGET
+17.8%
UPSIDE