XLU

The State Street Global Advisors THE UTILITIES SELECT SECTOR SPDR FUND (XLU) is an exchange-traded fund (ETF) that tracks the performance of the Utilities Select Sector Index. The fund is managed by State Street Global Advisors and was launched in 1998.

The Utilities Select Sector Index measures the performance of the utilities companies within the S&P 500. It includes electric, gas, and water utilities, as well as independent power producers. Utilities are considered a defensive sector with relatively stable dividends.

XLU is a passively managed index ETF that seeks to replicate the holdings and performance of its benchmark with low tracking error. It is suitable for investors seeking broad, low-cost market exposure.

This is used in this portfolio Sectors