XLI 📈 Industrial Sector SPDR Fund - Overview

The Industrial Select Sector SPDR Fund is an exchange-traded fund (ETF) that tracks the performance of the industrial sector in the US market. Under normal market conditions, the fund invests at least 95% of its total assets in the securities that make up the underlying index.

The index is comprised of companies that are classified as Industrial companies according to the Global Industry Classification Standard (GICS). This includes companies from various industries such as aerospace and defense, industrial conglomerates, and marine transportation. These companies are leaders in their respective fields, providing goods and services that are essential to the economy.

As a non-diversified fund, the Industrial Select Sector SPDR Fund may invest a significant portion of its assets in a limited number of securities, which can result in higher risk. However, this approach also allows the fund to focus on the most promising companies in the industrial sector, potentially leading to higher returns for investors.

The fund is listed on the NYSE Arca exchange under the ticker symbol XLI, making it easily accessible to investors. For more information about the fund, investors can visit the website of State Street Global Advisors, the fund's issuer, at http://www.spdrs.com.

The fund is domiciled in the United States, which means it is subject to US regulations and laws. This provides investors with a high level of transparency and protection, as well as access to a well-established and liquid market.