Mulden.
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Fund · State Street(R) Utilities Select Sector SPDR(R) ETF · measured from SEC filings

XLU holdings

XLU reports 35 holdings and behaves like 20 equally weighted ones, computed from its SEC Form N-PORT filing for 2026-06-30. The fact sheet publishes the first number; this page computes the second, and traces it across 28 quarters of filings.

Measured concentration

as of 2026-06-30
35 Positions reported
20 Effective holdings
1.7× Concentration multiple
57.59% Top ten weight

Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 100% at a quoted market price (level 1), one issuer country.

What stands out

as of 2026-06-30

XLU's largest investment is NextEra Energy Inc at 12.89% of net assets. Southern Co/The and Duke Energy Corp follow; the three together are 27.43%. Ten companies are 57.59% of the fund; the other 25 share the rest. Among the 721 equity funds measured here, XLU behaves like 20 holdings against a median of 42.4 — 2.1 times more concentrated than the median. Across 28 quarterly filings XLU has held roughly steady since 2019-09-30 (18.4 then, 20 now). Between the 2026-03-31 and 2026-06-30 filings 1 positions were added and 0 dropped; 2.3% of the weight moved.

Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable equity funds on this site. Nothing here is a view on the fund.

Every filing since 2019

28

Between 2019-09-30 and 2026-06-30, XLU went from behaving like 18.4 equally weighted positions to 20 — 9% more, while its top ten went from 61.45% to 57.59% of net assets. Read across the funds on the concentration-over-time table.

PeriodHoldingsEffective Top 10Largest
2026-06-30 35 20 57.59% 12.9%
2026-03-31 33 19.3 57.98% 13.6%
2025-12-31 32 19.4 58.73% 12.7%
2025-09-30 34 20.2 58.55% 11.59%
2025-06-30 33 20 58.94% 11.36%
2025-03-31 34 20.3 56.43% 12.05%
2024-12-31 33 19.9 58.07% 12.7%
2024-09-30 34 18.7 58.82% 14.07%
Earlier filings (20 more, back to 2019-09-30)
PeriodHoldingsEffectiveTop 10Largest
2024-06-30 32 18.7 59.23% 14.01%
2024-03-31 31 18.8 59.71% 13.47%
2023-12-31 31 19.1 58.63% 13.27%
2023-09-30 31 19.1 58.8% 13.33%
2023-06-30 31 17.6 58.99% 15.66%
2023-03-31 31 17.6 59.66% 15.55%
2022-12-31 31 17 60.27% 16.22%
2022-09-30 30 16.2 62.35% 16.62%
2022-06-30 30 16.9 62.52% 15.34%
2022-03-31 30 16.7 62.51% 15.83%
2021-12-31 29 15 64.25% 18.16%
2021-09-30 29 15.5 64.18% 17.13%
2021-06-30 29 16.3 63.2% 16.1%
2021-03-31 29 16 63.42% 16.49%
2020-12-31 29 15.5 63.74% 17.26%
2020-09-30 29 15.9 63.86% 16.38%
2020-06-30 29 16.8 63.14% 14.94%
2020-03-31 29 16.6 63.42% 15.37%
2019-12-31 29 18.2 61.16% 13.3%
2019-09-30 29 18.4 61.45% 12.83%

One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.

Compared with, in the essays

5
VPU · 3 IFRA · 3 PAVE · 2 VOO · 2 GRID · 1

Overlap with other funds

7

Measured against every other fund on this site, from the same filings. Combined effective holdings is how the pair behaves held in equal size.

WithOverlapSharedCombined effective
XLU vs VPU 89.74% 31 21.9
XLU vs IFRA 37.25% 30 38.4
XLU vs PAVE 2.86% 1 55.4
XLU vs VOO 2.19% 31 55.9
XLU vs QQQM 1.18% 4 48.6
XLU vs GRID 0.04% 1 42.7
XLU vs SGOV 0% 0 37

Largest positions, as filed

as of 2026-06-30

The 15 largest of 35 positions in XLU's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: XLU.csv.gz.

#PositionWeightCumulative
1NextEra Energy Inc12.90%12.9%
2Southern Co/The7.60%20.5%
3Duke Energy Corp6.95%27.5%
4Constellation Energy Corp5.60%33.1%
5American Electric Power Co Inc5.25%38.3%
6Sempra4.27%42.6%
7Dominion Energy Inc4.23%46.8%
8Entergy Corp3.71%50.5%
9Vistra Corp3.54%54.1%
10Xcel Energy Inc3.53%57.6%
11Exelon Corp3.36%60.9%
12Consolidated Edison Inc2.87%63.8%
13Public Service Enterprise Group Inc2.85%66.7%
14WEC Energy Group Inc2.68%69.3%
15PG&E Corp2.61%72.0%

Returns the fund reported

2019-07 – 2026-06

Monthly total returns from Item B.5 of XLU's own filings, 84 months on record. Not computed here and not from a price feed.

14.1%Last twelve months filed
88%Whole series, compounded
10.4%Best month
-11.3%Worst month

Cross-checked against a series computed separately from prices: median difference 0.04 percentage points over 84 months, which is roughly the distributions. Every month with the filing it came from: XLU.json · all funds.

Who borrows XLU's shares

2026-06-30

The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2026-06-30, $85m was out to 19 borrowers, 0.37% of net assets. The largest, CITIGROUP GLOBAL MARKETS INC., held 31.5% of it.

BorrowerOn loanShare of the loan
CITIGROUP GLOBAL MARKETS INC. $27m 31.5%
BARCLAYS BANK PLC $27m 31.5%
BofA Securities, Inc. $10m 12.0%
JP MORGAN SECURITIES LLC $6m 6.9%
Scotia Capital (USA) Inc $5m 5.3%

Cash collateral reported against the loan: 0.24% of net assets, 64.9% of the amount lent. That is a floor on the collateral, not the whole of it — collateral the fund does not hold as a position is not in this filing, so a figure under 100% is not evidence of under-collateralisation. How that figure behaves across all funds. Every quarter XLU has filed, with each borrower: XLU.json · all funds.

Since the previous filing

2026-03-31 → 2026-06-30

32 positions became 33: 1 added (0.0% of the fund at the later date), 0 dropped (0.0% at the earlier date). Half the sum of all weight changes, a turnover proxy: 2.3%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of XLU compared this way, as a feed: changes.xml · all funds: filings received.

Largest increases2026-03-312026-06-30Largest decreases2026-03-312026-06-30
Dominion Energy Inc3.71%4.23% NextEra Energy Inc13.60%12.90%
American Electric Power Co Inc4.99%5.25% Constellation Energy Corp6.12%5.60%
Xcel Energy Inc3.30%3.53% Duke Energy Corp7.16%6.95%
Vistra Corp3.37%3.54% Sempra4.46%4.27%
Entergy Corp3.57%3.71% Exelon Corp3.53%3.36%
Southern Co/The7.47%7.60% Atmos Energy Corp2.15%2.03%

New: Chicago Mercantile Exchange (0.00%).

Asset categories and pricing

as of 2026-06-30

99.52% equity, 0.48% short-term investment as filed; 100.0% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.

Derivative exposure and counterparties

as of 2026-06-30

A position count cannot describe a fund that uses derivatives, because a swap is filed at its unrealised gain, not its exposure. These are the notionals the fund itself reported, against net assets of $23.11B. Notional of an interest-rate or currency swap is not equity exposure.

99.67%Stocks held directly
0%Swap notional (0)
0.27%Futures notional (1)
99.9%Sum, % of net assets

Full detail for every fund that files derivatives: leverage.json (CC BY 4.0).

Neighbours by effective holdings, equity funds

10

Every measured equity fund lined up by how many holdings it behaves like; these sit either side of XLU (20). Same filings, same arithmetic. Position in this list says nothing about which fund is better.

FundReportsBehaves likeTop tenAs of
BUG Global X Cybersecurity ETF 31 19.8 59.72% 2026-05-31
IXN iShares Global Tech ETF 140 19.9 59.56% 2026-06-30
EWZ iShares MSCI Brazil ETF 48 20 59.28% 2026-05-31
TGRW T. Rowe Price Growth Stock ETF 81 20 58.28% 2026-06-30
OMAH VistaShares Target 15 Berkshire Select Income ETF 60 20 55.37% 2026-07-31
XLRE State Street(R) Real Estate Select Sector SPDR(R) ETF 33 20.3 59.3% 2026-06-30
SOXX iShares Semiconductor ETF 32 20.4 61.65% 2026-06-30
MISL First Trust Indxx Aerospace & Defense ETF 40 20.4 61.64% 2026-06-30
CTEF Castellan Targeted Equity ETF 35 20.4 57.35% 2026-05-29
DDM ProShares Ultra Dow30 45 20.4 * 51.9% 2026-05-31

Measures applied in the essays

8

Essays that examine XLU

16

Mentions are detected across the full text of every article, so an appearance may be a passing comparison rather than the subject. Nothing here is a recommendation to buy or sell — see the disclaimer.