- ISIN
- US81369Y7040
- CUSIP
- 81369Y704
- Issuer
- State Street
- Inception Date
- Dec 16, 1998
- Region
- North America (U.S.)
- Category
- Industrials Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Industrial Select Sector Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $31B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
XLI Performance Chart
Industrial Select Sector SPDR Fund (XLI) is up 13.9% since the beginning of the year. XLI is currently trading at $176 per share. Investors who bought $1,000 worth of XLI shares 5 years ago would now be looking at an investment worth $1,837.
Loading charts...
Returns By Period
Industrial Select Sector SPDR Fund (XLI) has returned 13.90% so far this year and 24.12% over the past 12 months. Over the last decade, XLI has posted an annualized return of 14.15%, slightly higher than the S&P 500 Index benchmark’s 13.61%.
Industrial Select Sector SPDR Fund
- 1D
- 0.59%
- 1M
- 1.47%
- YTD
- 13.90%
- 6M
- 13.10%
- 1Y
- 24.12%
- 3Y*
- 20.87%
- 5Y*
- 12.93%
- 10Y*
- 14.15%
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
XLI Monthly Returns History
Based on dividend-adjusted daily data since Dec 22, 1998, XLI's average daily return is +0.05%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +18.1%, while the worst month was Mar 2020 at -18.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, XLI closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +12.7%, while the worst single day was Mar 16, 2020 at -11.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.65% | 7.07% | -8.44% | 7.95% | -0.83% | 1.76% | 13.90% | ||||||
| 2025 | 5.00% | -1.46% | -3.56% | 0.11% | 8.84% | 3.60% | 3.04% | -0.00% | 1.88% | 0.54% | -0.88% | 1.28% | 19.35% |
| 2024 | -0.96% | 7.18% | 4.42% | -3.52% | 1.64% | -0.99% | 4.92% | 2.82% | 3.36% | -1.19% | 7.59% | -8.03% | 17.31% |
| 2023 | 3.71% | -0.86% | 0.62% | -1.17% | -3.15% | 11.25% | 2.89% | -1.98% | -5.95% | -2.98% | 8.83% | 7.07% | 18.13% |
| 2022 | -4.79% | -0.84% | 3.44% | -7.61% | -0.46% | -7.37% | 9.50% | -2.83% | -10.43% | 13.89% | 7.81% | -2.99% | -5.57% |
| 2021 | -4.27% | 6.89% | 8.99% | 3.53% | 3.13% | -2.28% | 0.94% | 1.11% | -6.08% | 6.80% | -3.56% | 5.40% | 21.08% |
Benchmark Metrics
Industrial Select Sector SPDR Fund has an annualized alpha of 3.17%, beta of 0.98, and R2 of 0.79 versus S&P 500 Index. Calculated based on daily prices since December 22, 1998.
- This ETF captured 112.21% of S&P 500 Index gains but only 99.34% of its losses - a favorable profile for investors.
- This ETF generated an annualized alpha of 3.17% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.98 and R2 of 0.79, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 3.17%
- Beta
- 0.98
- R²
- 0.79
- Upside Capture
- 112.21%
- Downside Capture
- 99.34%
Expense Ratio
XLI has an expense ratio of 0.08%, which is considered low.
Return for Risk
Risk / Return Rank
XLI ranks 47 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Industrial Select Sector SPDR Fund (XLI) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XLI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.34 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 2.53 | -0.55 |
| Martin ratioReturn relative to average drawdown | 7.82 | 11.37 | -3.56 |
Dividends
Dividend History
Industrial Select Sector SPDR Fund provided a 1.16% dividend yield over the last twelve months, with an annual payout of $2.05 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.05 | $2.00 | $1.90 | $1.86 | $1.61 | $1.32 | $1.37 | $1.58 | $1.39 | $1.34 | $1.29 | $1.14 |
Dividend yield | 1.16% | 1.29% | 1.44% | 1.63% | 1.63% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Industrial Select Sector SPDR Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.00 | $0.45 | ||||||
| 2025 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.63 | $0.00 | $0.00 | $0.53 | $2.00 |
| 2024 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.67 | $1.90 |
| 2023 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.61 | $1.86 |
| 2022 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.47 | $1.61 |
| 2021 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.39 | $1.32 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Industrial Select Sector SPDR Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Industrial Select Sector SPDR Fund was 62.26%, occurring on Mar 9, 2009. Recovery took 541 trading sessions.
The current Industrial Select Sector SPDR Fund drawdown is 1.24%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -62.26%Mar 2009 | 1y 5mo | 2y 1mo | 3y 6moOct 2007 - Apr 2011 |
Dot-com crash2000–2002 | -43.30%Oct 2002 | 1y 10mo | 2y 1mo | 3y 11moDec 2000 - Dec 2004 |
COVID crash2020 | -42.33%Mar 2020 | 1mo 9d | 7mo 21d | 9moFeb 2020 - Nov 2020 |
2011 bear market2011 | -25.84%Oct 2011 | 5mo 4d | 5mo 14d | 10mo 18dMay 2011 - Mar 2012 |
Rate-hike selloffLate 2018 | -24.11%Dec 2018 | 3mo 1d | 7mo 2d | 10mo 3dSep 2018 - Jul 2019 |
Drawdown Indicators
| XLI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -56.78% | -5.48% |
Max Drawdown (1Y)Largest decline over 1 year | -12.21% | -9.10% | -3.11% |
Max Drawdown (3Y)Largest decline over 3 years | -18.49% | -18.90% | +0.41% |
Max Drawdown (5Y)Largest decline over 5 years | -21.64% | -25.43% | +3.79% |
Max Drawdown (10Y)Largest decline over 10 years | -42.33% | -33.92% | -8.41% |
Current DrawdownCurrent decline from peak | -1.24% | -2.34% | +1.10% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -10.72% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 2.02% | +1.07% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with XLI
Add Industrial Select Sector SPDR Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with XLI