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.
Fund Overview
- 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)
| Name | Symbol | % Assets |
|---|---|---|
| NextEra Energy Inc | NEE | 17.18% |
| Duke Energy Corp | DUK | 8.40% |
| Southern Co | SO | 7.26% |
| Dominion Energy Inc | D | 6.55% |
| Exelon Corp | EXC | 5.00% |
| American Electric Power Co Inc | AEP | 4.67% |
| Sempra Energy | SRE | 4.35% |
| 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.
Finally, recognition for this ETF, XLU. One of the better utility ETF out there.
Fantastic ETF.
XLU is my go to ETF to own for long term.