XLC - Communication Services Select Sector SPDR Fund
| Previous Close | 54.02 |
| Open | 53.89 |
| Bid | 0.00 x 4000 |
| Ask | 0.00 x 800 |
| Day's Range | 53.79 - 54.72 |
| 52 Week Range | 38.68 - 57.75 |
| Volume | 6,899,560 |
| Avg. Volume | 5,369,431 |
| Net Assets | 7.74B |
| NAV | 54.06 |
| PE Ratio (TTM) | N/A |
| Yield | 0.93% |
| YTD Daily Total Return | 0.99% |
| Beta (5Y Monthly) | 0.00 |
| Expense Ratio (net) | 0.13% |
| Inception Date | 2018-06-18 |
- Yahoo Finance Video
Market Recap: Friday, May 29
Stocks closed at their highest levels since at least March, ending Friday’s volatile session mostly higher after President Donald Trump announced retaliatory measures against China that were less negative for markets as some had feared. Myles Udland, Sean Smith, Rick Newman, and Akiko Fujita discuss on The Final Round.
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'What we've seen in the economy is unlike anything we have ever seen': Strategist
Liz Ann Sonders, Charles Schwab Chief Investment Strategist, joined Yahoo Finance's Myles Udland, Seana Smith, Dan Roberts, and Melody Hahm to discuss her outlook for the U.S. economy.
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Tom Hanks’ new WWII film to debut on Apple TV+
Yahoo Finance’s Dan Howley joins Yahoo Finance’s Seana Smith to break down how Tom Hanks’ upcoming World War II film is a big win for Apple's streaming service.
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Best & Worst Sector ETFs Of The Year
Sector returns range from as much as -34% to +5% for the year.
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'This is a liquidity driven market': Strategist
Kathryn Rooney Vera, Bulltick's Chief Global Markets Strategist, joined Yahoo Finance's Myles Udland, Jen Rogers, Dan Roberts, and Melody Hahm to discuss the state of the markets and her outlook for the U.S. economy amid COVID-19.
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Wells Fargo's Acting Chief Economist on what to expect from the April jobs report
Jay Bryson, Wells Fargo's Acting Chief Economist, joined Yahoo Finance's Jen Rogers, Myles Udland, Dan Roberts, and Melody Hahm to discuss what he's expecting out of the April jobs report on Friday.
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'We are approaching a period of a very precipitous drop in economic activity': Strategist
Jack Manley, Global Market Strategist at J.P. Morgan Asset Management, joined Yahoo Finance's Jen Rogers, Myles Udland, and Andy Serwer to discuss his outlook for the U.S.'s economic recovery following coronavirus.
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Facebook soars as strong earnings defy COVID-19 crisis
Facebook stock is jumping after the social media giant reported 'stability' in its ad revenue. D.A. Davidson Sr. Research Analyst Tom Forte joins Yahoo Finance’s Seana Smith to break down the quarterly results.
- ETF Database
Sell on the Pop Prospects: April 29 Edition
Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term “sell on the pop” opportunity given the longer-term downtrend at hand. Note that this prospect list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
- 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.
- Yahoo Finance Video
Boeing calls for $60B in government aid for aerospace industry amid coronavirus
On Tuesday Boeing called for a $60 billion lifeline for the struggling U.S. aerospace industry. Yahoo Finance’s On The Move panel break down the latest developments.
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'We’re experiencing both supply shock and demand shock from this virus': Brandywine Global Portfolio Manager
Stocks bounce back following yesterday’s market sell off. Tracy Chen, Brandywine Global Portfolio Manager and Head of Structured Credit joins Yahoo Finance’s On The Move panel to discuss.
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ETFs to Gain on Disney's Q1 Earnings & Solid Subscriber Growth
We highlight the impact of Disney's Q1 earnings results on some ETFs with high exposure to the company.
Yahoo Finance VideoU.S. government cracks down on robocall enablers
The FCC has issued a new warning to phone companies allowing international robocalls to enter America. Yahoo Finance's Ethan Wolff-Mann joins Seana Smith on The Ticker to discuss.
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Stocks rally after China pledges to cut tariffs
A cut in China tariffs on $75 billion worth of U.S. goods and solid corporate earnings are fueling today's market gains. Agora Financial Chief Market Strategist Alan Knuckman and Cresset Capital Chief Investment Officer Jack Ablin join Yahoo FInance’s Seana Smith on The Ticker to discuss.
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Google ETFs Gain Despite Mixed earnings
We highlight the impact of Alphabet's Q4 earnings results on some ETFs with double-digit exposure to the company.
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Facebook Tumbles Post Q4 Results: What's in Store for ETFs?
Facebook beat estimates on both revenues and earnings. However, the slowdown in revenue growth and warnings of decelerated expansion disappointed investors, sending shares of Facebook down more than 7% in aftermarket hours.
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Should You Buy Facebook ETFs Ahead of Q4 Earnings?
Facebook is poised to beat the earnings estimate going by the Zacks methodology given the positive earnings revision trend, which is generally a precursor to an earnings beat, and attractive fundamentals.
- ETF Trends
A Big Week Ahead for Technology ETFs
Technology sector ETFs are in for a big week ahead as tech stock “Cadillacs” are up to bat. While investors were initially put off by the lackluster quarterly report out of Netflix (NasdaqGS: NFLX) on ...
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Oscar or Earnings: What Will Drive Netflix ETFs Ahead?
Netflix has grabbed record Oscar nominations and but earnings weakness may be in the cards. Should you play Netflix-heavy ETFs?
- ETF Trends
This Sector ETF Can be a Winner Again in 2020
The Communication Services Select Sector SPDR Fund (NYSEArca: XLC), the first and largest ETF targeting the communication services sector, is up nearly 28% year-to-date, but XLC has the tools to rally ...
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A Look Back At S&P 500 Sector ETFs in 2019
The key U.S. index S&P 500 has added as much as 26.3% this year with the technology sector clearly beating 10 other constituent sectors.
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ETFs in Focus on Dull 2020 Subscriber Outlook for Netflix
Intensifying video streaming wars lead analysts to expect dull subscriber addition for Netflix through 2020.
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ETFs to Make the Most of Disney+ Growth Story
Given the huge success of Disney's streaming service, investors could tap the opportune moment with consumer ETFs having the largest exposure to this global media and entertainment company.
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Not Santa, Trade Will Rule This December: ETFs to Your Rescue
Despite the age-old trend of a Santa rally, 2018 was a massive downer. Since 2019 is giving the same cues, investors can seek refuge in these safer ETFs.
