State Street SPDR S&P Telecom ETF
XTL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Jan 27, 2011
- CIK
- 0001064642
- Website
- ssga.com
- Similar Companies
- Business
- SPDR S&P Telecom ETF (XTL) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Telecom Select Industry Index. The fund tracks a modified equal-weighted index representing the telecommunications segment of the S&P Total Market Index, comprising sub-industries including alternative carriers, communications equipment, integrated telecommunication services, and wireless telecommunication services; it holds approximately 39 equity securities across large-, mid-, and small-cap U.S. telecom companies selected by the S&P Committee. Top holdings as of mid-2025 include AST SpaceMobile Inc., Lumentum Holdings Inc., Ciena Corp., Juniper Networks Inc., Calix Inc., Arista Networks Inc., Cisco Systems Inc., Lumen Technologies Inc., Iridium Communications Inc., and Telephone and Data Systems Inc., with the top 10 representing around 40% of assets under management totaling approximately $142-157 million. XTL provides targeted exposure to the U.S. telecommunications industry, enabling investors to take strategic or tactical positions in telecom growth areas such as 5G infrastructure, cloud computing, AI-driven data centers, and network equipment, shifting from traditional telecom stocks toward higher-growth oriented constituents. The ETF operates primarily in the U.S. equity market, focusing on companies serving enterprise, consumer, and infrastructure customers in communications and wireless services. Launched on January 26, 2011, and issued by State Street Global Advisors (SSGA), now operating as State Street Investment Management with headquarters in Boston, Massachusetts, the fund maintains a gross expense ratio of 0.35% and a 30-day SEC yield of approximately 0.85% as of June 2025. In recent developments, State Street Investment Management, the fund's investment adviser, brought distribution and marketing of the broader Select Sector SPDR ETF franchise in-house effective late 2025, establishing a dedicated cross-functional team, enhanced online tools, global research support, and rebranded fund names to improve investor experience without altering XTL's investment objective or strategy. This operational shift aligns with SSGA's broader initiatives, including share splits on select SPDR ETFs in late 2025 and collaborations with S&P Dow Jones Indices earlier in the year to launch new vision-focused ETF ranges targeting growth sectors. The fund continues to reflect evolving telecom sector dynamics, with holdings emphasizing innovation in optical networking, satellite communications, and broadband infrastructure amid strong performance, including year-to-date returns exceeding 44% as of late 2025.