Communications ETF XLC Offers Clear Exposure to the Space
–News Direct–
Everyday businesses and consumers are using more and more digital services. From the internet and streaming services to mobile phones and new communication products, innovation is an ongoing trend.
The Communication Services Select Sector SPDR Fund (XLC), is designed to capture the growing digital side of the U.S. economy. This Exchange Traded Fund (ETF) invests in all the components of the S&P 500 in the Telecommunications, Media, Wireless, Internet and Entertainment Industries.
XLC tracks a modified market-cap-weighted index of this Sector currently consisting of 23 components. The index is rebalanced quarterly.
Top Holdings*
XLCs top holdings are everyday names for the digital products and services the companies known and used by consumers and businesses everyday...