Should You Invest in the Industrial Select Sector SPDR ETF (XLI)?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 28 2024
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Source: NASDAQ.COM
Industrial Select Sector SPDR ETF (XLI):
- Launched in 1998, passively managed ETF providing broad exposure to the Industrials - Broad segment.
- Increasingly popular among investors for low costs, transparency, and tax efficiency.
- Sponsored by State Street Global Advisors with assets over $18.43 billion.
- Offers diversified exposure to industries like aerospace, defense, machinery, and more.
- Top holdings include General Electric Co, Caterpillar Inc, and Uber Technologies Inc.
Costs and Performance:
- Annual operating expenses of 0.09% with a dividend yield of 1.48%.
- Up approximately 28.43% in the past year, trading between $96.44 and $125.96.
- Medium risk choice with a beta of 1.09 and standard deviation of 17.02%.
Alternatives:
- Holds a Zacks ETF Rank of 2 (Buy) and is suitable for investors seeking exposure to Industrials ETFs.
- Other options include First Trust Industrials/Producer Durables AlphaDEX ETF (FXR) and Vanguard Industrials ETF (VIS).
- FXR has $1.93 billion in assets with an expense ratio of 0.61%, while VIS has $5.34 billion and charges 0.10%.
Analyst Views on FXR
Wall Street analysts forecast FXR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FXR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 87.280
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Current: 87.280
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
