XLC - Communication Services Select Sector SPDR Fund

NYSEArca - NYSEArca Delayed Price. Currency in USD
56.54
-1.16 (-2.01%)
At close: 4:00PM EDT
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Previous Close57.70
Open58.16
Bid0.00 x 3100
Ask0.00 x 900
Day's Range56.35 - 58.42
52 Week Range38.68 - 58.42
Volume2,710,093
Avg. Volume3,820,800
Net Assets9.19B
NAV57.70
PE Ratio (TTM)N/A
Yield0.85%
YTD Daily Total Return8.01%
Beta (5Y Monthly)0.00
Expense Ratio (net)0.13%
Inception Date2018-06-18
  • Best ETFs for 2020: The Communication Services SPDR ETF Is on the Mend
    InvestorPlace

    Best ETFs for 2020: The Communication Services SPDR ETF Is on the Mend

    This article is a part of InvestorPlace.com's Best ETFs for 2020 contest. Todd Shriber's pick for the contest is the Communication Services SPDR Fund (NYSEARCA:XLC).The Communication Services SPDR Fund (NYSEARCA:XLC) probably won't catch some of the leading contenders, such as cloud computing and innovative technology funds, in the 2020 edition of the Best ETFs Contest, but give XLC some credit, as it has recaptured nearly all of its March losses. In fact, as of June 25, it resides just 5.51% below its record high.InvestorPlace - Stock Market News, Stock Advice & Trading TipsA second-quarter gain of almost 30% fueled in large part by internet behemoths Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is helping the exchange-traded fund climb out of the hole caused by the novel coronavirus earlier in the year. XLC allocates more than 45% of its weight to those three securities, so saying they're important to XLC's fortunes is an understatement.Facebook retured almost 50% in the April through June period, which was a boon for XLC. This is particularly important because the social media giant is once again the center of political controversy. Politicians aren't just concerned about the monopoly-esque status enjoyed by Facebook (Alphabet is part of this conversation, too), but also the company's perceived political leanings.Alphabet and Facebook traversed political waters before and with polls suggesting the occupying party of the White House and Senate majority will flip come November, analysts aren't shying away from upgrading the two internet giants. Covid-19 ConcernsThe recent resurgence in coronavirus cases can affect XLC in either direction. Getting the fund's vulnerabilities out of the way first, Disney (NYSE:DIS) is a top 10 XLC holding, accounting for 4.32% of the ETF's weight. * 10 Consumer Stocks to Buy to Ride the Post-Covid-19 Wave Disney is modestly higher over the past week, but there's headline risk here, including the delayed reopening of Disneyland in California. Florida, home to Disney World, is also experiencing a surge in coronavirus cases. The Sunshine State is loathe to implement another shutdown, but Disney can do that on its own and it would likely hamper to stock. None of that includes potential delays to the restarts of the NBA and NHL seasons or the possibility that either college football and the NFL won't start on time this year -- all scenarios that would weight on Disney's ESPN unit.In better news, XLC is also uniquely positioned to withstand another shutdown and not simply because folks will be killing time Googling stuff or posting on Facebook. In lieu of a proper streaming entertainment ETF, XLC is an adequate proxy with robust exposure to Netflix (NASDAQ:NFLX), among other streaming stocks. Put simply, Netflix is one of the best-performing S&P 500 stocks this year and shelter-in-place directives are a big reason why that's the case.Likewise, video game stocks are on a roll this year, ranking as the other segment -- in addition to streaming -- that's benefiting from stay-at-home policies. Even if another shutdown doesn't come to pass, XLC's video game exposure is meaningful because it's derived via game publishers. With a console upgrade cycle coming later this year, gamers will want new software to test out the new hardware and that could be catalyst for several XLC components like Electronic Arts (NASDAQ:EA) and Activision-Blizzard (NASDAQ:ATVI). The Bottom Line on XLC as One of the Best ETFsAs noted above, XLC is behind some of the other competitors in the Best ETFs fray, but that's not a reason to dump or ignore the fund.Alphabet and Facebook sport pristine balance sheets, sit on mounds of cash and are proving largely immune to political pressure. Additionally, the fund's exposure to the disruption offered by the gaming and streaming industries is compelling for long-term investors that don't want to stock pick in those arenas.That is to say, with few exceptions, XLC's holdings are mostly growth stocks and growth is on a multi-year run of crushing value.Todd Shriber has been an InvestorPlace contributor since 2014. He owns shares of XLC. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Best ETFs for 2020: The Communication Services SPDR ETF Is on the Mend appeared first on InvestorPlace.

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  • ETF Database

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  • Best ETFs for 2020: Communication Services SPDR Fund Is a Rebound Play
    InvestorPlace

    Best ETFs for 2020: Communication Services SPDR Fund Is a Rebound Play

    This article is a part of InvestorPlace.com's Best ETFs for 2020 contest. Todd Shriber's pick for the contest is the Communication Services SPDR Fund (NYSEARCA:XLC).Growth, internet, social media and streaming entertainment stocks haven't been immune to the madness induced by the coronavirus from China. All of this has put considerable strain on the Communication Services SPDR Fund (NYSEARCA:XLC). But the bright side is that the XLC ETF now looks like it could be one of 2020's more credible rebound opportunities.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSome stocks and ETFs -- think airlines, energy and travel and leisure -- have been rightfully punished at the hands of the COVID-19 pandemic, but XLC's 15.47% month-to-date decline could prove to be a quintessential case of the baby being thrown out with the bath water.As it is, XLC is outperforming the S&P 500 this month and on a year-to-date basis, potentially showing the fund and its components will take on leadership roles if and when stocks rebound. Still a Lot to Like About XLCIn terms of acting as an investment play against the coronavirus, the $6.26 billion XLC is a mixed bag. Notable is the fact that the ETF features Netflix (NASDAQ:NFLX) as one of its top holdings (6.42% weight) and that stock has been a standout this year, jumping 12.18% as investors are embracing stay at home ideas in the face of COVID-19. * 7 Strong Stocks to Buy to Survive the Coronavirus Crisis Conversely, Dow Jones components Disney (NYSE:DIS) and Verizon (NYSE:VZ) -- two other big-name XLC constituents -- are wilting against the coronavirus backdrop. Yes, Disney has a burgeoning streaming service, but the stock is being punished as investors ponder how long it will take for movie theater and theme park visits to return to normal after the coronavirus passes. Likewise, Verizon is betraying its defensive reputation and is merely performing less poorly than the broader market.Now, let's examine Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), two stocks that combine for roughly for 42% of the XLC ETF. Alphabet is outpacing the S&P 500 this year, while Facebook is slightly trailing the benchmark equity gauge. Both names are lower this year because investors are concerned about what becomes of internet advertising spending in a recession.The concern is relevant, but reasons remain to embrace XLC's top two holdings. One is cash, something there's a newfound premium on the current climate. Alphabet and Facebook have cash. Lots of it.At the end of 2019, Alphabet had $119.67 billion in cash on hand, while Facebook had $54.85 billion. In volatile times, cash can be a buffer and it's a quality trait at a time when investors are eagerly embracing quality stocks. For those considering XLC, it's clear the ETF is home to some cash-rich companies and none of its marquee holdings will be asking Uncle Sam for a bailout anytime soon. Is XLC Still One of the Best ETFs for 2020?There's no sugarcoating the fact that XLC is off to a rough start this year, but that's true of basically every other traditional sector ETF out there, too. And while some companies and industries are facing near zero revenue scenarios for the first quarter of this year, that's not going to be the case for Alphabet and Facebook.Add up the cash positions of those companies and selloffs that are likely cases of too much too fast, and there's a recipe for XLC to perk up later this year.Todd Shriber has been an InvestorPlace contributor since 2014. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's Richest ZIP Code Holds Wealth Gap Secret * 10 Stocks to Buy That Will Benefit From Coronavirus Mayhem * 5 Bank Stocks to Buy Now Because This Isn't 2008 Again * 12 Stocks to Buy That Are Already Positive The post Best ETFs for 2020: Communication Services SPDR Fund Is a Rebound Play appeared first on InvestorPlace.

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