The Utilities Select Sector SPDR Fund (XLU) provides exposure to the utility sector in the United States. The fund uses a replication strategy to track the performance of the Utilities Select Sector Index.
Securities from companies in the gas utilities, water utilities, independent power producers, multi-utilities, and utilities for the production of renewable and independent power are included in the index. The five-year monthly beta for XLU is 0.54, reflecting its lower volatility compared to the broader market.
