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Communication Services (XLC) to Meet Digital Economic Shifts

--News Direct--

In today's digitally-driven world, the Communication Services Select Sector SPDR Fund (XLC) continues to focus on offering investors exposure to companies in the telecommunications, media, and entertainment sectors within the S&P 500. This highlights the fund’s current holdings and its strategic approach amid a continuously evolving digital landscape.

Portfolio Overview

With an expense ratio of 0.09%*, XLC's portfolio features some of the most influential companies shaping the digital transformation. Key holdings** include:

  • Meta Platforms (Facebook): 19.83%

  • Alphabet (Google) Class A: 10.92%

  • Alphabet (Google) Class C: 9.03%

  • Netflix: 6.33%

  • Comcast: 4.69%

  • T-Mobile: 4.68%

  • Walt Disney: 4.51%

  • AT&T: 4.43%

  • Take Two Interactive: 4.42%

  • Electronic Arts: 4.40%

These companies, along with other significant holdings, provide a broad view of the communication services sector. The combination of telecom leaders and media firms reflects XLC’s balanced strategy to capture this sector's dynamic nature.

Embracing the Digital Evolution

The digital economy is characterized by the extensive adoption of digital services across personal and business environments. Upticks in internet usage, the increasing popularity of streaming platforms, advancements in mobile technology, and the introduction of innovative communication tools underscore the sector's continuous evolution.

The Communication Services Select Sector SPDR Fund (XLC) is focused on S&P 500 components within these industries, trying to capitalize on opportunities within the digital and communication services space. XLC offers investors a way to deeply engage with this critical sector.

About the Communication Services Select Sector SPDR Fund (XLC)

The Communication Services Select Sector SPDR Fund (XLC) is designed to offer exposure to leading companies in the communication services sector of the S&P 500. With this targeted approach, XLC aims to offer investors an adaptable portfolio that can navigate the rapidly changing digital economy.

DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication.

About the Company:

Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals.

*Ordinary brokerage fees apply

**Holdings, Weightings & Assets as of 10/31/24 subject to change

DISCLOSURES

The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing.

One may not invest directly in an index.

Transparent ETFs provide daily disclosure of portfolio holdings and weightings

All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing.

ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.

Media Contact:

Company: Select Sector SPDRs

Contact: Dan Dolan*

Address: 1290 Broadway, Suite 1000, Denver, CO 80203

Country: United States

Email: dan.dolan@sectorspdrs.com

Website: https://www.sectorspdrs.com/

*Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust.

SEL007955 EXP 1/31/25

Contact Details

Dan Dolan

+1 203-935-8103

dan.dolan@sectorspdrs.com

Company Website

https://www.sectorspdrs.com/

View source version on newsdirect.com: https://newsdirect.com/news/communication-services-xlc-to-meet-digital-economic-shifts-845056363

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