- Last Ratings Update:12/31/2015
- Price as of 12/31/2015 :$53.01
- Net Assets:$8,692.5 Million
- Peer Rank:19 of 307
- Investment Rating:A+
We rate Industrial Select Sector SPDR at A+. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Growth - Domestic strategy.
POSITIVES AND RISKS
Total return ranks very high in comparison with peers over the last three years. The Industrial Select Sector SPDR has returned an annual rate of 7.00% since inception. More recently, the fund has generated a total return of 10.92% in the last five years, 13.10% in the last three years, and -3.60% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 71% of them. It has also outpaced 84% of its competitors on a three year basis and 43% of them over the last year for the period ending 12/31/2015. On a year to date basis, XLI has returned -3.60%.
Downside risk has been below average. XLI has a draw down risk of -13.22%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 12.0%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 12/31/2015, the fund was trading at a price of $53.01, which is 3.9% below its 52-week high of $55.18 and 2.5% above its 52-week low of $51.70.
Low expense ratio helps performance. On total assets of $8.69 billion, XLI maintains a low expense ratio compared to its Growth - Domestic peers of just 0.15% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As XLI is an exchange traded fund, it has no front end or back end load.
The Industrial Select Sector SPDR is managed by John A. Tucker at SSgA Funds Management Inc. This fund is one of 148 SSgA Funds Management Inc exchange-traded funds launched since 12/16/1998 that we track.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.