Utilities Select Sector SPDR Fund (NYSE:XLU) tracks the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
- Net Assets: 17.53 billion
- NAV: 65.47
- PE Ratio: 6.55
- Yield: 2.73%
- Expense Ratio: 0.10%
- Inception Date: 12-16-1998
Top 10 Holdings (64.09% of Total Assets)
|NextEra Energy Inc||NEE||17.18%|
|Duke Energy Corp||DUK||8.40%|
|Dominion Energy Inc||D||6.55%|
|American Electric Power Co Inc||AEP||4.67%|
|Xcel Energy Inc||XEL||3.86%|
|American Water Works Co Inc||AWK||3.45%|
|Public Service Enterprise Group Inc||PEG||3.37%|
This is a hugely popular fund, only invests in utilities companies that are included in the S&P 500. The fund dominates its segment, with huge assets and volume. Therefore, this is the best utilities ETF for long term investors.