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Description
The Industrial Select Sector SPDR Fund (XLI) is a U.S. equity ETF that tracks the Industrial Select Sector Index, a market‑cap‑weighted basket of industrial‑sector companies drawn from the S&P 500. It holds stocks across aerospace and defence, machinery, electrical equipment, ground transportation, building products and related sub‑industries, all headquartered in the United States. The fund follows a passive replication strategy, seeking to match the price and yield performance of its underlying index by holding the constituent securities in roughly the same proportions. XLI is appropriate for investors who want targeted exposure to the U.S. industrial segment, such as those seeking to benefit from economic growth, infrastructure spending or diversification within a broader portfolio.
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