XLC Is Down 8.78% Year to Date and the Catalysts That Matter Most Are Still Ahead

Communication Services Select Sector SPDR Fund (XLC) is down 8.78% year-to-date, driven primarily by two large constituent stocks. Portfolio managers should monitor those two names closely over the next 12 months and reassess XLC sector exposure and position sizing given their outsized impact on fund performance.

Analysis

Communication Services Select Sector SPDR Fund (XLC) is down 8.78% year-to-date, driven primarily by two large constituent stocks. Portfolio managers should monitor those two names closely over the next 12 months and reassess XLC sector exposure and position sizing given their outsized impact on fund performance.