The State Street Global Advisors SELECT SECTOR SPDR TRUST - FINANCIAL SELECT SECTOR SPDR FUND (XLF) is an exchange-traded fund (ETF) that tracks the performance of the its benchmark index. The fund is managed by State Street Global Advisors and was launched in an undisclosed date.
The fund tracks a benchmark index that defines the universe of eligible securities according to its published methodology.
XLF is a standard index ETF that aims to track the performance of its underlying index with low tracking error. The fund has a low expense ratio.