XLI — State Street Industrial Select Sector SPDR ETF

Overview

The State Street Industrial Select Sector SPDR ETF (XLI) is an Industrials sector fund managed by State Street Investment Management. With assets under management totaling $34.0 billion, the fund demonstrates significant investor adoption relative to its category peers. It currently holds an overall rank of #42 out of 120 tracked ETFs across all categories and carries an ETFValuer grade of B with a score of 69.5 out of 100. The fund charges an expense ratio of 0.08% and offers a dividend yield of 0.68%. Its current share price stands at $180.42. This substantial asset base and moderate cost structure position the ETF as a widely utilized vehicle within the Industrials category, which contains 2 ETFs tracked by ETFValuer.

Over the last trading day, the fund declined by 1.07%, followed by a further drop of 2.60% over the past week. Momentum shifted positively over the month with a 3.84% gain, accelerating to a 10.09% return over three months. The upward trajectory continued through the six-month period with a 13.46% increase, while year-to-date returns reached 14.81%. Annual performance showed a 22.73% return, and the three-year horizon delivered a cumulative gain of 72.94%. This pattern indicates a divergence where short-term volatility was followed by sustained long-term growth. The fund's one-year return of 22.73% compares to a peer, VIS, which reported a 23.92% return over the same period.

The fund carries a Moderate volatility label and a beta of 1.01, suggesting price movements that closely track the broader market. A Sharpe ratio of 1.06 indicates that the returns generated have been efficient relative to the risk taken during the measured period. However, the maximum drawdown of -18.49% highlights the potential for significant temporary losses during market downturns. This combination of a beta near unity and a moderate volatility rating implies the fund experiences market-like swings rather than dampened or amplified movements. The high Sharpe ratio alongside the substantial drawdown suggests that while the fund has compensated investors well for risk over time, it remains exposed to sharp declines during specific periods.

AI-generated summary based on the data on this page.

XLI Top Holdings

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.

XLI Performance History

How XLI Compares to Other Industrials ETFs