The Communication Services Select Sector SPDR Fund
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
62% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 69
3% more funds holding
Funds holding: 912 [Q2] → 940 (+28) [Q3]
6% less call options, than puts
Call options by funds: $234M | Put options by funds: $248M
10% less repeat investments, than reductions
Existing positions increased: 330 | Existing positions reduced: 365
3.82% less ownership
Funds ownership: 93.23% [Q2] → 89.41% (-3.82%) [Q3]
5% less capital invested
Capital invested by funds: $17.6B [Q2] → $16.6B (-$951M) [Q3]
14% less funds holding in top 10
Funds holding in top 10: 51 [Q2] → 44 (-7) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for XLC.
Financial journalist opinion
Neutral
Yahoo Finance
4 days ago
Be careful of sector based investing themes: Strategist
As Big Bank earnings beat Wall Street's expectations, Charles Schwab chief investment strategist Liz Ann Sonders adds the financials sector (XLF) to her list of growth sectors: communication services (XLC), consumer discretionary (XLY), and tech (XLK). Despite her expectations that these four sectors will grow, the strategist tells Catalysts Co-Hosts Madison Mills and Seana Smith that only two sectors have an Outperform rating and outlines why sector-based investing may not be the best strategy.
Neutral
CNBC Television
1 month ago
Final Trade: XLC, M, GAP, XLE
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Positive
Seeking Alpha
1 month ago
Communications Services Leads U.S. Equity Sectors In 2024
The neck-and-neck horse race for first place among equity sectors has recently given way to a decisive lead for communications services stocks YTD, based on a set of ETFs through Dec. 10's close. XLC is now the performance leader with a sizzling 39.2% rally so far in 2024, well ahead of XLF's 33.7%.
Positive
Seeking Alpha
1 month ago
XLC: Hold On, But Be Prepared To Sell
I recommend holding the Communication Services Select Sector SPDR® ETF Fund due to strong momentum since the Fed's first rate cut in September. Despite positive momentum, historical data shows the communications sector averages -8% returns in the 12 months following initial rate cuts. The ETF's current valuation at 18x earnings suggests a 5.5% downside, supporting a hold recommendation rather than a sell.
Neutral
ETF Trends
2 months ago
Breaking Down S&P 500 Returns by Sector Since 2020 Election
The S&P 500 Index has returned nearly 81% since the last presidential election, with a wide disparity between sector performance. The S&P 500's gains since Nov. 3, 2020 reflect an annual return of nearly 16%, an impressive figure.
Positive
Seeking Alpha
3 months ago
XLC: A Major Change To Fund Composition And An End To The High Concentration
State Street Global Advisors have revamped the weighting and rebalancing methodology for their 11 Select Sector SPDR® Funds, significantly impacting funds like XLK and XLC. The new system mitigates extreme rebalancing by capping weights at 24% and ensuring a more balanced distribution among top holdings. These changes aim to lower turnover and create smoother rebalancing, benefiting all Select Sector SPDR ETFs and potentially improving performance.
Positive
Seeking Alpha
4 months ago
XLC: Meta And Google Domination Has Helped
XLC offers targeted exposure to top communication services companies like Meta, Alphabet, and Netflix, balancing growth and stability with a competitive 0.09% expense ratio. The ETF's sector-focused strategy can benefit from both value and growth investment styles, but high concentration risks and sector cyclicality are concerns. Compared to Vanguard's VOX, XLC has outperformed due to its concentrated holdings in leading tech companies, making it a strong contender in a "Mag 7" world.
Positive
MarketBeat
4 months ago
Analysts Recommend These 3 Sector ETFs for Long-Term Growth
Sector-oriented exchange-traded funds (ETFs) offer a way to gain exposure to an entire portfolio of companies that may be benefiting from trends in the market. They provide diversification from the business-specific risk of investing in just individual companies.
Positive
Seeking Alpha
5 months ago
XLC: A Worth Considering ETF With Cheap Valuations And Solid Earnings Growth To Face Uncertainty
While the US stock market recovered recent losses, the risk of a downtrend is still high due to lofty valuations. However, the outlook for double-digit growth, rate cuts, and soft landing could drive market higher. As the market can swing either way, investment vehicles like the Communication Services Select Sector SPDR® ETF Fund could be the best option to deal with uncertainty.
Neutral
Yahoo Finance
5 months ago
Financials lead sector action but Tech still clear winner
To get the latest market news check out finance.yahoo.com Financials (XLF) and Communication Services (XLC) led Friday's sector action as Information Technology (XLK) worked its way into the green by afternoon trading. All three major indexes edged higher following a rally in equities one day prior.
Charts implemented using Lightweight Charts™