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XLC - XLC: The Best Performing Sector In 2024 But A Confusing Mix
The Communication Services Select Sector SPDR Fund
2024-06-11 13:50:03 ET
Summary
2024 has been a strong year for stock picking and sector rotations, with XLC leading as the best performing sector ETF YTD.
XLC is heavily weighted towards META and GOOGL, with the top 10 stocks making up a large portion of the fund.
The composition of XLC reflects the convergence between technology, media, and telecom, but may be too disparate for some investors to consider buying.