Utilities Select Sector SPDR ETF (XLU)

The Utilities Select Sector SPDR ETF (XLU) started trading in late December 1998. It tracks the Utilities Select Sector Index (utility companies in the S&P 500) minus expenses and fees.

As of March 2008, the ETF holds 31 stocks, with a median market cap of $21.4 billion. The industries and weightings are:

Distribution and power production 7.4%
Electricity 59.9%
Gas 2.7%
Diversified 30%


The ETF has an expense ratio of 0.23%.

Although this is subject to change, it pays dividends on a quarterly basis, at the end of March, June, September, and December. The dividend is irregular, and past distributions have ranged from $0.182 a share to $0.327 a share.

The ETF's holdings, as of July 2008, are listed below.