NYSE ARCA | ETF
The fund is a fund of funds, meaning that it primarily invests its assets in securities of other exchange-traded funds (ETFs).
In particular, it allocates its assets among ETFs that each focus on common stocks of companies included in an individual sector of the S&P 500® Index, as determined by the Global Industry Classification Standard (GICS®).
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings for investments purposes) directly or indirectly through the underlying ETFs, in securities ofU. S. companies.
Top 13 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| XLK | The Select Sector SPDR Trust - The Technology Select Sector SPDR Fund | 34.99% | ||
| XLK | Technology Select Sector SPDR® Fund | 32.06% | ||
| XLF | Financial Select Sector SPDR® Fund | 29.33% | ||
| XLF | The Select Sector SPDR Trust - The Financial Select Sector SPDR Fund | 22.36% | ||
| XLY | Consumer Discretionary Select Sector SPDR® Fund | 17.81% | ||
| XLC | Communication Services Select Sector SPDR® Fund | 15.06% | ||
| XLY | The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund | 11.08% | ||
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 5.98% | ||
| XLE | Energy Select Sector SPDR® Fund | 4.57% | ||
| XLI | The Select Sector SPDR Trust - The Industrial Select Sector SPDR Fund | 1.96% | ||
| XLV | The Select Sector SPDR Trust - The Health Care Select Sector SPDR Fund | 1.49% | ||
| XLP | The Select Sector SPDR Trust - The Consumer Staples Select Sector SPDR Fund | 1.12% | ||
| XLP | Consumer Staples Select Sector SPDR® Fund | 1.10% |