The Communication Services Select Sector SPDR Fund provides exposure to companies within the communication services sector, including telecommunication services, media, entertainment, and interactive media and services. Managed by State Street Global Advisors Funds Management Inc., this ETF was established in June 2018.
The Communication Services Select Sector SPDR Fund's key objective is to replicate the investment performance of the Communication Services Select Sector Index. The companies held by this fund are all part of the S&P 500, which includes large companies listed on stock exchanges within the United States. The fund generally invests at least 95% of its total assets in stocks for companies that are listed in the index. The base currency for this fund is USD.
Stock for the Communication Services Select Sector SPDR ETF is listed on the NYSE under the ticker XLC. This fund includes investments in the following industries: interactive media and services, entertainment, media, diversified telecommunications services, and wireless telecommunications services. This fund is non-diversified. As of 16 December 2021, some of the fund's top holdings included Meta Platforms, Alphabet, Netflix, Verizon Communications, T-Mobile US, AT&T, Comcast, Walt Disney, and Charter Communications.
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