XLU Stock Summary and Trading Ideas (Utilities Select Sector SPDR | ARCA:XLU)

The Utilities Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Utilities Select Sector Index (ticker: IXU).

Utilities Select Sector SPDR trades on the ARCA stock market under the symbol XLU.

As of April 19, 2024, XLU stock price climbed to $65.43 with 17,675,552 million shares trading.

XLU has a beta of 0.46, meaning it tends to be less sensitive to market movements. XLU has a correlation of 0.10 to the broad based SPY ETF.

XLU has a market cap of $11.91 billion. This is considered a Large Cap stock.

In the last 3 years, XLU stock traded as high as $78.22 and as low as $54.77.

XLU stock has underperformed the market in the last year with a return of -1.9%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in XLU shares. However, XLU has outperformed the market in the last 3 month and 2 week periods, returning +8.0% and +0.7%, while SPY returned +4.3% and -3.5%, respectively. This indicates XLU has been having a stronger performance recently.

XLU support price is $63.72 and resistance is $65.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XLU stock will trade within this expected range on the day.