XLU — State Street Utilities Select Sector SPDR ETF

XLU Price Performance — Growth of $10,000

Value of a $10,000 investment in XLU 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.

XLU Drawdown

The "underwater" chart: XLU'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 Utilities Select Sector SPDR ETF is a $21.3 billion fund issued by State Street Investment Management that tracks the utilities sector. It holds a C grade with a score of 54.7 out of 100, ranking first among the five ETFs in its category and 323rd overall. The fund charges an expense ratio of 0.08%, which is slightly below the category median of 0.09%. It offers a dividend yield of 2.94%, exceeding the category median of 2.88%. The top ten holdings represent 57.5% of assets, with NextEra Energy Inc comprising the largest single position at 12.9%.

The ETF’s price of $41.15 sits at 24.2% of its 52-week range, reflecting a recent decline of 0.02% over one day and 4.34% over one week. Short-term performance shows mixed signals, with a one-month loss of 4.60% contrasting against a year-to-date drop of 2.71%. Over longer horizons, the fund has lost 10.82% over six months and 5.71% over one year, matching the category median exactly. However, the three-year return stands at +53.48%, indicating significant historical growth despite recent weakness. The rating has remained unchanged at grade C across the last 35 tracked days, and price history is available for 3.0 years.

With a beta of 0.40, the fund has moved less than the broader market, contributing to a moderate annualized volatility of 15.45%. This lower sensitivity is reflected in a Sharpe ratio of -0.69, suggesting that risk-adjusted returns have been negative during the measured period. The maximum drawdown of -16.05% highlights the extent of peak-to-trough losses experienced by investors. Liquidity remains robust, with an average daily volume of 23,708,387 shares facilitating easy entry and exit. These metrics collectively describe a fund that has exhibited lower volatility but negative risk-adjusted performance recently.

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

XLU Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 57.5% 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 XLU's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XLU

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XLU's top 10 — VPU overlaps most, holding 10 of the same companies as XLU's top 10 (57.5% of XLU'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: 5.27% (as of 2026-10-06) — 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): 15.01 (as of 2026-10-06) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XLU Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 23.7M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $21.3B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XLU 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.

XLU Performance History

How XLU Compares to Other Utilities ETFs