XLI — State Street Industrial Select Sector SPDR ETF

XLI Price Performance — Growth of $10,000

Value of a $10,000 investment in XLI over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

XLI Drawdown

The "underwater" chart: XLI's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The State Street Industrial Select Sector SPDR ETF (Ticker: XLI) is categorized under Industrials and is issued by State Street Investment Management. This ETF ranks 171st out of 458 tracked ETFs across all categories, indicating a moderate position in terms of overall ranking. It carries an expense ratio of 0.08%, which is relatively low, and a dividend yield of 0.69%, offering a modest income stream for investors. The fund's price stands at $180.25, and it has an assets under management (AUM) of $32.9B, suggesting significant investor adoption and liquidity. The ETF's AUM size also implies that it is one of the larger funds in its category, potentially making it a popular choice among investors seeking exposure to the industrials sector.

Over the past year, the ETF has seen a return of +20.73%, with a more pronounced gain of +75.22% over the past three years. The 1-month return of -0.93% indicates a slight downturn, but this is followed by a strong 3-month return of +5.96% and a robust 1-year return of +20.73%. The 1-day return of +0.27% suggests a generally positive short-term performance, while the 1-week return of -3.36% shows a brief dip. This pattern of positive long-term returns with some short-term volatility is evident, indicating a mix of steady growth and occasional market fluctuations.

The State Street Industrial Select Sector SPDR ETF is labeled as having moderate volatility, with a beta of 1.02, which is close to the market average, suggesting that it tends to move in line with the broader market. Its Sharpe ratio of 0.92 indicates a balance between risk and return, as it measures the excess return per unit of deviation in an investment. The maximum drawdown of -18.49% reflects the fund's potential for significant losses during downturns. These figures together suggest that the ETF is suitable for investors who are willing to accept moderate risk for the potential of moderate to higher returns, with the understanding that it may experience significant price declines during bear markets, but also has the potential for solid growth in bull markets.

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. Top 10 holdings make up 39.5% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XLI's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XLI

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XLI's top 10 — VIS overlaps most, holding 10 of the same companies as XLI's top 10 (39.5% of XLI's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.69% (as of 2026-08-20) — 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): 16.01 (as of 2026-08-20) — 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 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XLI Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 7.1M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $32.9B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XLI is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

XLI Performance History

How XLI Compares to Other Industrials ETFs