XLI — State Street Industrial Select Sector SPDR ETF

XLI Price Performance — Growth of $10,000

Value of a $10,000 investment in XLI 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.

XLI Drawdown

The "underwater" chart: XLI'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 Industrial Select Sector SPDR ETF (XLI) operates within the Industrials category, which ETFValuer currently tracks with 9 funds. Issued by State Street Investment Management, this fund has accumulated $34.0 billion in assets under management while trading at a price of $182.49. It holds an overall rank of #104 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 70.2. The fund offers an expense ratio of 0.08% and provides a dividend yield of 0.68%. The substantial asset size and top-tier ranking suggest significant investor adoption relative to the broader universe of tracked funds. Its low cost structure and moderate yield profile position it as a cost-efficient vehicle for exposure to the industrial sector.

Over the most recent trading day, the fund declined by 0.39%, following a weekly gain of 2.14% and a monthly increase of 0.71%. The three-month return accelerated to 6.05%, while the six-month performance reached 11.60%. Year-to-date returns stand at 16.12%, and the one-year return is recorded at 19.26%. Extending the timeframe further, the three-year return shows a cumulative gain of 73.87%. This trajectory indicates a pattern of sustained growth over the longer term, with the three-year figure significantly outpacing the shorter-term annualized metrics.

The fund carries a Moderate volatility label and a beta of 1.01, indicating price movements that closely track the broader market with slightly amplified sensitivity. A Sharpe ratio of 0.86 suggests the fund has generated a moderate amount of excess return per unit of risk taken over the measured period. The maximum drawdown of -18.49% reflects the largest peak-to-trough decline experienced by the fund during the analysis window. This combination of metrics implies that while the fund participates fully in market upswings, it also exposes investors to significant downside risk during market corrections. The moderate volatility rating aligns with the beta of 1.01, confirming that the fund does not exhibit extreme price swings relative to its benchmark.

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

XLI Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 39.5% 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 XLI's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XLI

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XLI's top 10 — FIDU overlaps most, holding 10 of the same companies as XLI's top 10 (39.5% of XLI'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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XLI Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 7.6M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $34.0B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XLI 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.

XLI Performance History

How XLI Compares to Other Industrials ETFs