XLF — State Street Financial Select Sector SPDR ETF
Financial Ranked #67 of 120 tracked ETFs · Issued by State Street Investment Management
Overview
The State Street Financial Select Sector SPDR ETF (XLF) is a Financial sector fund managed by State Street Investment Management. With $51.4 billion in assets under management, the fund represents significant investor adoption within its category. It currently holds an overall rank of #67 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 60.2. The fund charges an expense ratio of 0.08% and offers a dividend yield of 1.03%. Its current price stands at $54.97. This combination of low cost, substantial size, and moderate yield characterizes its profile among the three ETFs tracked in the Financial category.
Recent performance data shows a decline of 1.93% over the last day, followed by a recovery of 2.54% over the past week. The fund posted a 1-month return of 5.47% and a 3-month return of 10.59%, indicating strong short-term momentum. However, the 6-month return turned negative at -1.22%, while year-to-date gains remain modest at 0.94%. Over the past year, the fund generated a return of 5.97%. The 3-year return figure stands at 67.17%, reflecting a distinct divergence between recent shorter-term volatility and long-term growth.
The fund carries a Low volatility label and a beta of 0.75, suggesting it moves less than the broader market. A Sharpe ratio of 0.07 indicates that the risk-adjusted returns have been relatively low during the measured period. The maximum drawdown recorded is -15.54%, which highlights the potential for significant temporary losses. This combination of low beta and low volatility implies the fund may experience muted reactions to market swings, yet the negative Sharpe ratio and substantial drawdown suggest that downside protection has not translated into efficient risk-adjusted gains.
AI-generated summary based on the data on this page.
XLF Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Berkshire Hathaway Inc | 12.46% | $5.95B |
| 2 | JPMorgan Chase & Co | 11.24% | $5.37B |
| 3 | Visa Inc | 7.20% | $3.44B |
| 4 | Mastercard Inc | 5.77% | $2.76B |
| 5 | Bank of America Corp | 4.59% | $2.19B |
| 6 | Goldman Sachs Group Inc/The | 3.60% | $1.72B |
| 7 | Wells Fargo & Co | 3.49% | $1.67B |
| 8 | Citigroup Inc | 2.81% | $1.34B |
| 9 | Morgan Stanley | 2.81% | $1.34B |
| 10 | American Express Co | 2.30% | $1.10B |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing.
Market Backdrop
10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
XLF Performance History
| Period | Return |
|---|---|
| 1-Day | -1.93% |
| 1-Week | +2.54% |
| 1-Month | +5.47% |
| 3-Month | +10.59% |
| 6-Month | -1.22% |
| YTD | +0.94% |
| 1-Year | +5.97% |
| 3-Year | +67.17% |
How XLF Compares to Other Financial ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #67 | C |
XLF | State Street Financial Select Sector SPDR ETF | +5.97% | 0.08% | $51.4B |
| #83 | C |
VFH | Vanguard Financials Index Fund ETF Shares | +6.60% | 0.09% | $13.8B |
| #109 | C |
KRE | State Street SPDR S&P Regional Banking ETF | +20.04% | 0.35% | $4.74B |