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XLSRState Street US Sector Rotation ETF

Grow my money7y track recordRanked #1,075 of 2,993 in this goal

Seeks capital appreciation.

By State Street Investment Management · Launched 2019

Annual Cost

0.70%

#3,676 of 5,853 · average

Fund Size

$1.0B

#1,138 of 5,853 · large

Return (1Y)Goal

+15.1%

Track Record

7 years

#1,850 of 5,853 · established

Performance

Total-return NAV · USD
Growth of $10,000
$11,505+15.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Cap

Large

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 92.3% of funddiversified through underlying funds

State Street Technology Select Sector SPDR ETF
21.3%
State Street Health Care Select Sector SPDR ETF
16.7%
State Street Industrial Select Sector SPDR ETF
13.3%
State Street Global Advisors
8.9%
State Street Communication Services Select Sector SPDR ETF
7.0%
State Street Financial Select Sector SPDR ETF
6.5%
Alphabet Inc
5.4%
NVIDIA Corp
4.8%
Apple Inc
4.3%
Alphabet Inc
4.2%

Asset allocation

Stocks
99.7%
Cash
0.3%

By sector

Technology
42.4%
Communication
23.3%
Industrials
18.4%
Energy
6.2%
Consumer Cyclical
4.9%
Consumer Defensive
4.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
13.7%Moderate

Year-on-year price swings

Max drawdown
-32.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.67Decent risk-adjusted returns
Sortino (3Y)
0.97Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation.
Strategy
Primarily invests in common stocks of individual U.S. companies and ETFs focusing on sectors of the S&P 500. Allocates based on a proprietary sector selection model to maximize expected return, with monthly rebalancing.
Inception date
April 2, 2019
Fund family
State Street Investment Management

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

You're paying active fees for an index

This fund charges active-management prices while tracking its benchmark almost perfectly (a high R²). The metrics below show how little active management you're getting for that premium: low tracking error and a fee well above the passive peer median.

96.1%
TE
3.2%
Beta
1.03
Fee
7× 0.10%

Sources: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-02