Industrial Select Sector Etf Profile
XLI Etf | USD 125.94 1.99 1.61% |
Performance18 of 100
| Odds Of DistressLess than 9
|
Industrial Select is trading at 125.94 as of the 28th of March 2024. This is a 1.61% increase since the beginning of the trading day. The etf's open price was 123.95. Industrial Select has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Industrial Select Sector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Under normal market conditions, the fund generally invests substantially all, but at least 95, of its total assets in the securities comprising the index. SP 500 is traded on NYSEARCA Exchange in the United States. More on Industrial Select Sector
Moving together with Industrial Etf
0.87 | ITA | IShares US Aerospace Low Volatility | PairCorr |
0.98 | VIS | Vanguard Industrials | PairCorr |
0.85 | JETS | US Global Jets | PairCorr |
0.99 | FXR | First Trust Industri | PairCorr |
0.98 | PPA | Invesco Aerospace Defense | PairCorr |
1.0 | IYJ | IShares US Industrials | PairCorr |
Moving against Industrial Etf
0.92 | BITI | ProShares Trust - | PairCorr |
Industrial Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Industrial Select's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Industrial Select or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas | (View all Themes) |
Business Concentration | Sector ETFs, Industrials ETFs, Industrials, SPDR State Street Global Advisors (View all Sectors) |
Issuer | SSgA |
Inception Date | 1998-12-16 |
Benchmark | S&P Industrials Select Sector Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 18.09 Billion |
Average Trading Valume | 8.72 Million |
Asset Type | Equity |
Category | Sector |
Focus | Industrials |
Market Concentration | Developed Markets |
Region | North America |
Administrator | State Street Bank and Trust Company |
Advisor | SSgA Funds Management, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | ALPS Portfolio Solutions Distributor, Inc. |
Portfolio Manager | Mike Feehily, Karl Schneider, Emiliano Rabinovich |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 30-Sep |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 81.0 |
Market Maker | Virtu Financial |
Total Expense | 0.1 |
Management Fee | 0.03 |
Country Name | USA |
Returns Y T D | 9.07 |
Name | Industrial Select Sector SPDR Fund |
Currency Code | USD |
Open Figi | BBG000BJ2RF7 |
In Threey Volatility | 20.27 |
1y Volatility | 19.15 |
200 Day M A | 109.26 |
50 Day M A | 118.39 |
Code | XLI |
Updated At | 27th of March 2024 |
Currency Name | US Dollar |
Industrial Select Sector [XLI] is traded in USA and was established 1998-12-16. The fund is classified under Industrials category within SPDR State Street Global Advisors family. The entity is thematically classified as Sector ETFs. Industrial Select Sector at this time have 11.16 B in net assets. , while the total return for the last 3 years was 9.7%.
Check Industrial Select Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Industrial Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Industrial Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Industrial Select Sector Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Industrial Select Sector Etf Constituents
GD | General Dynamics | Stock | Industrials |
BA | The Boeing | Stock | Industrials |
CAT | Caterpillar | Stock | Industrials |
CSX | CSX Corporation | Stock | Industrials |
DE | Deere Company | Stock | Industrials |
FDX | FedEx | Stock | Industrials |
GE | General Electric | Stock | Industrials |
Industrial Select Target Price Odds Analysis
Coming from a normal probability distribution, the odds of Industrial Select jumping above the current price in 90 days from now is about 1.95%. The Industrial Select Sector probability density function shows the probability of Industrial Select etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Industrial Select has a beta of 0.028. This entails as returns on the market go up, Industrial Select average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Industrial Select Sector will be expected to be much smaller as well. Additionally, industrial Select Sector has an alpha of 0.1548, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Industrial Select to move above the current price in 90 days from now is about 1.95 (This Industrial Select Sector probability density function shows the probability of Industrial Etf to fall within a particular range of prices over 90 days) .
Industrial Select Top Holders
CRTOX | Conquer Risk Tactical | Mutual Fund | Tactical Allocation |
RQEIX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
HTDCX | Hanlon Tactical Dividend | Mutual Fund | Tactical Allocation |
DWAT | Arrow DWA Tactical | Etf | Tactical Allocation |
SDRCX | Swan Defined Risk | Mutual Fund | Options Trading |
HTDRX | Hanlon Tactical Dividend | Mutual Fund | Tactical Allocation |
HTDIX | Hanlon Tactical Dividend | Mutual Fund | Tactical Allocation |
Industrial Select Sector Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Industrial Select market risk premium is the additional return an investor will receive from holding Industrial Select long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Industrial Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Industrial Select's alpha and beta are two of the key measurements used to evaluate Industrial Select's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | 0.1394 | |||
Jensen Alpha | 0.1548 | |||
Total Risk Alpha | 0.0062 | |||
Sortino Ratio | 0.0509 |
Industrial Select Against Markets
Picking the right benchmark for Industrial Select etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Industrial Select etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Industrial Select is critical whether you are bullish or bearish towards Industrial Select Sector at a given time. Please also check how Industrial Select's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Industrial Select without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Idea Analyzer Now
Idea AnalyzerAnalyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
All Next | Launch Module |
How to buy Industrial Etf?
Before investing in Industrial Select, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Industrial Select. To buy Industrial Select etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Industrial Select. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Industrial Select etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Industrial Select Sector etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Industrial Select Sector etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Industrial Select Sector, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Industrial Etf please use our How to Invest in Industrial Select guide.
Already Invested in Industrial Select Sector?
The danger of trading Industrial Select Sector is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Industrial Select is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Industrial Select. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Industrial Select Sector is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Industrial Select Sector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Industrial Select's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Industrial Select Sector Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Industrial Select Sector Etf: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Industrial Select Sector. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Industrial Etf analysis
When running Industrial Select's price analysis, check to measure Industrial Select's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Industrial Select is operating at the current time. Most of Industrial Select's value examination focuses on studying past and present price action to predict the probability of Industrial Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Select's price. Additionally, you may evaluate how the addition of Industrial Select to your portfolios can decrease your overall portfolio volatility.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |
The market value of Industrial Select Sector is measured differently than its book value, which is the value of Industrial that is recorded on the company's balance sheet. Investors also form their own opinion of Industrial Select's value that differs from its market value or its book value, called intrinsic value, which is Industrial Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Industrial Select's market value can be influenced by many factors that don't directly affect Industrial Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Industrial Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Industrial Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Industrial Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.