While concerns over interest rate hikes and the consequent economic slowdown linger, optimism is still evident in the industrial sector. Due to restored manufacturing, industrial demand is predicted to remain strong in the coming years.
The Industrial Select Sector SPDR Fund (XLI) offers exposure to the U.S. industrial sector. The sector includes transportation firms, providers of commercial and professional services, and manufacturers of capital goods. The ETF allows investors to take strategic or tactical positions at a more targeted level than traditional style-based investing.
