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XLI, also known as the Industrial Select Sector SPDR Fund, is an exchange-traded fund (ETF) that aims to provide exposure to the industrial sector of the S&P 500 Index. This ETF holds a diversified portfolio of companies in industries such as aerospace, defense, machinery, and transportation.
Some of the top holdings of the XLI ETF include:
As a leading aerospace and defense company, Boeing is a major player in the industrial sector. The company manufactures commercial jetliners, military aircraft, satellites, and other aerospace products.
3M is a diversified technology company that operates in various industries including healthcare, industrial, and consumer markets. The company's products range from adhesives and abrasives to health care and safety products.
Honeywell is a multinational conglomerate that produces a variety of commercial and consumer products, engineering services, and aerospace systems. The company's products are used in industries such as aircraft, buildings, home, and transportation systems.
XLI ETF provides investors with exposure to some of the largest and most well-known companies in the industrial sector. By investing in XLI, investors can gain diverse exposure to industries that play a crucial role in the economy.
The XLI ETF includes companies in industries such as aerospace, defense, machinery, transportation, and industrial conglomerates.
Investors can buy shares of the XLI ETF through a brokerage account, just like they would with any other stock. The ETF can be bought and sold throughout the trading day on major stock exchanges.
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