Financial Select Sector Etf Profile
XLF Etf | USD 42.12 0.23 0.55% |
Performance22 of 100
| Odds Of DistressLess than 9
|
Financial Select is trading at 42.12 as of the 28th of March 2024. This is a 0.55 percent increase since the beginning of the trading day. The etf's lowest day price was 41.87. Financial Select has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Financial Select Sector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund generally invests substantially all, but at least 95, of its total assets in the securities comprising the index. SP 500 is traded on NYSEARCA Exchange in the United States. More on Financial Select Sector
Moving together with Financial Etf
0.98 | VFH | Vanguard Financials Index | PairCorr |
0.98 | IYF | IShares US Financials | PairCorr |
1.0 | FNCL | Fidelity MSCI Financials | PairCorr |
0.98 | IYG | IShares US Financial | PairCorr |
Moving against Financial Etf
0.57 | KRE | SPDR SP Regional Aggressive Push | PairCorr |
Financial Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Financial Select's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Financial Select or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas | (View all Themes) |
Business Concentration | Financials ETFs, Baby Boomer Prospects, Sector ETFs, Financial, SPDR State Street Global Advisors (View all Sectors) |
Issuer | SSgA |
Inception Date | 1998-12-16 |
Benchmark | S&P Financial Select Sector Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 37.58 Billion |
Average Trading Valume | 43.51 Million |
Asset Type | Equity |
Category | Sector |
Focus | Financials |
Market Concentration | Developed Markets |
Region | North America |
Administrator | State Street Bank and Trust Company |
Advisor | SSgA Funds Management, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | ALPS Portfolio Solutions Distributor, Inc. |
Portfolio Manager | Mike Feehily, Karl Schneider, Melissa Kapitulik |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 30-Sep |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 74.0 |
Market Maker | Virtu Financial |
Total Expense | 0.1 |
Management Fee | 0.03 |
Country Name | USA |
Returns Y T D | 10.52 |
Name | Financial Select Sector SPDR Fund |
Currency Code | USD |
Open Figi | BBG000BJ29X7 |
In Threey Volatility | 20.27 |
1y Volatility | 19.88 |
200 Day M A | 35.8675 |
50 Day M A | 39.6932 |
Code | XLF |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.42 |
Financial Select Sector [XLF] is traded in USA and was established 1998-12-16. The fund is classified under Financial category within SPDR State Street Global Advisors family. The entity is thematically classified as Financials ETFs. Financial Select Sector at this time have 27.15 B in net assets. , while the total return for the last 3 years was 8.4%.
Check Financial Select Probability Of Bankruptcy
Geographic Allocation (%)
Financial Select Sector Currency Exposure
Financial Select Sector holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Financial Select will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Financial Select Sector.
Top Financial Select Sector Etf Constituents
PNC | PNC Financial Services | Stock | Financials |
AXP | American Express | Stock | Financials |
BAC | Bank Of America | Stock | Financials |
BLK | BlackRock | Stock | Financials |
C | Citigroup | Stock | Financials |
CB | Chubb | Stock | Financials |
CME | CME Group | Stock | Financials |
Financial Select Target Price Odds Analysis
In reference to a normal probability distribution, the odds of Financial Select jumping above the current price in 90 days from now is about 1.76%. The Financial Select Sector probability density function shows the probability of Financial Select etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Financial Select has a beta of 0.8667. This entails Financial Select Sector market returns are reactive to returns on the market. As the market goes up or down, Financial Select is expected to follow. Additionally, financial Select Sector has an alpha of 0.0675, implying that it can generate a 0.0675 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Financial Select to move above the current price in 90 days from now is about 1.76 (This Financial Select Sector probability density function shows the probability of Financial Etf to fall within a particular range of prices over 90 days) .
Financial Select Top Holders
JIIOX | Lifestyle Ii Aggressive | Mutual Fund | Allocation--85%+ Equity |
JRLZX | Retirement Living Through | Mutual Fund | Target-Date 2050 |
QMLAX | Quantified Market Leaders | Mutual Fund | Tactical Allocation |
SRGIX | Stringer Growth Fund | Mutual Fund | Tactical Allocation |
JRODX | J Hancock Ii | Mutual Fund | Target-Date 2060+ |
SRGCX | Stringer Growth Fund | Mutual Fund | Tactical Allocation |
AGOX | Adaptive Alpha Opportunities | Etf | Tactical Allocation |
Financial Select Sector Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Financial Select market risk premium is the additional return an investor will receive from holding Financial Select long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Financial Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Financial Select's alpha and beta are two of the key measurements used to evaluate Financial Select's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | 0.1687 | |||
Jensen Alpha | 0.0675 | |||
Total Risk Alpha | 0.038 | |||
Sortino Ratio | 0.0795 |
Financial Select Against Markets
Picking the right benchmark for Financial Select etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Financial Select etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Financial Select is critical whether you are bullish or bearish towards Financial Select Sector at a given time. Please also check how Financial Select's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Financial Select without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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All Next | Launch Module |
How to buy Financial Etf?
Before investing in Financial Select, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Financial Select. To buy Financial Select etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Financial Select. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Financial Select etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Financial Select Sector etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Financial Select Sector etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Financial Select Sector, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Financial Etf please use our How to Invest in Financial Select guide.
Already Invested in Financial Select Sector?
The danger of trading Financial Select Sector is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Financial Select is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Financial Select. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Financial Select Sector is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Financial Select Sector is a strong investment it is important to analyze Financial Select's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Financial Select's future performance. For an informed investment choice regarding Financial Etf, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Financial Select Sector. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Financial Etf analysis
When running Financial Select's price analysis, check to measure Financial Select's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Financial Select is operating at the current time. Most of Financial Select's value examination focuses on studying past and present price action to predict the probability of Financial Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Financial Select's price. Additionally, you may evaluate how the addition of Financial Select to your portfolios can decrease your overall portfolio volatility.
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The market value of Financial Select Sector is measured differently than its book value, which is the value of Financial that is recorded on the company's balance sheet. Investors also form their own opinion of Financial Select's value that differs from its market value or its book value, called intrinsic value, which is Financial Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Financial Select's market value can be influenced by many factors that don't directly affect Financial Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Financial Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Financial Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Financial Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.