The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months. The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation. Index Statistics as of Nov 11 Also known as Standardized Yield An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent day period by the current maximum offering price.
An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent day period by the current maximum offering price that does not account for expense ratio waivers. The sum of the most recent 12 distributions within the past days divided by Net Asset Value per share, expressed as a percentage.
The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage. Also known as Mid Price The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security. Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.
The median bid-ask spread is calculated by identifying national best bid and national best offer "NBBO" for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO.
The median of those values is identified and posted on each business day. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV. Fund Performance. Performance quoted represents past performance, which is no guarantee of future results.
Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index. Performance returns for periods of less than one year are not annualized.
Performance is shown net of fees. The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ. Purchase Information. ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account.
Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs.
They are listed on major US Stock Exchanges. ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance. Fund Footnotes. There are no sales loads on Select Sector SPDR shares but ordinary brokerage commissions apply and this expense is not reflected in performance calculations. After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as k plans or individual retirement accounts.
Real Estate Investment Trusts REITS investing may be subject to risks including, but not limited to, declines in the value of real estate, risks related to general economic conditions, changes in the value of the underlying property owned by the trust and defaults by borrowers.
Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. Investors looking into this product show be aware that it will likely be very effected by U. Investors should also note that XLF pays out a decent dividend, which may provide steady income in times of market downturns.
The adjacent table gives investors an individual Realtime Rating for XLF on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating.
Compare Category Report. ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data. Information contained within the fact sheet is not guaranteed to be timely or accurate.
The ETFs included in this list are rated as buy candidates for two reasons. First, each of these The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.
All rights reserved. ETF Prime Podcast. Category: Financials Equities. Last Updated: Nov 11, XLF Profile. Vitals Issuer State Street. Brand SPDR. Analyst Report. Asset Class Equity. Asset Class Size Large-Cap. Asset Class Style Blend. Sector General Financials.
Sector Specific Broad. Region General North America. Region Specific U. Historical Trading Data 1 Month Avg. Volume 46,, 3 Month Avg. Volume 48,, B Berkshire Hathaway Inc. Class B Concentration Analysis This section compares how balanced and deep this ETF is relative to its peers.
XLF Valuation. FactSet Segment Average. XLF Dividend. View charts featuring ETF fund flow data. View charts that break down the influence that fund flows and price had on overall assets. Realtime Rating. Overall Rating. The high liquidity and the depth of this fund allow for a tight bid-ask spread. State Street Global Advisors is able to maintain that low expense ratio because it engages in securities lending. The financial sector is exposed to a plethora of risks, such as market risk, currency risk, interest rate risk, and macroeconomic risk.
Investors and potential investors should follow worldwide economic conditions and keep in mind any economic data that could affect financial companies. As of March 31, , XLF had a trailing five-year alpha of 0. Investors were compensated with a better return With an alpha of 0. Therefore, investors were not adequately compensated for the amount of risk they assumed when investing in this fund.
The ETF is best suited for investors who are willing to take on an above-average level of risk and pursue overweight exposure to the U. It covers a variety of industries within the financial sector, has generated strong returns, has high liquidity, and is a medium-cost investment. For investors looking to gain exposure to the financial services sector, XLF can be a good investment option, depending on the investor's risk profile and investment goals.
Investors can also look for similar ETFs concentrated in the financial sector that come with varying expense ratios. State Street Global Advisors. State Street. Accessed April 8, Top ETFs.
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