ETF Copilot
Communications

Is XLC a good investment?

Updated October 28, 2026

State Street Communication Services Select Sector SPDR ETF (XLC) is a communication-services ETF. As of October 28, 2026, ETF Copilot scores XLC 5.2 out of 10 — highest on Quality (9.3), lowest on Risk (2.6). It trades at 15.3 times earnings, against its own median of 20.8. Its ten largest holdings are 76% of the fund.

What stands out in XLC's data

U.S. communication services companies, from media giants to telecoms.

Earns less on its capital than most peers — its growth has to cover a weaker base.

Return on invested capital of 9.4% trails the 18.6% category median. Top holdings concentration sits at 75.4%.

A focused sleeve on U.S. communication services, complementing a broad-market core.

Why did XLC move this week? It fell 5.3% in the week to October 28, 2026 — Meta Platforms and Alphabet drove it

XLC fell 5.3% in the week to October 28, 2026. The holdings that moved it most were Meta Platforms (−12.2%), Alphabet (−2.9%) and Reddit (−12.1%); Skydance (+41.4%) pushed the other way.

How is XLC rated? ETF Copilot scores State Street Communication Services Select Sector SPDR ETF (XLC) 5.2 out of 10

As of October 28, 2026, ETF Copilot scores State Street Communication Services Select Sector SPDR ETF (XLC) 5.2 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 5.2 / 10
  • Growth: 4.0 / 10
  • Value: 8.9 / 10
  • Risk: 2.6 / 10
  • Quality: 9.3 / 10
  • Return: 2.8 / 10

Is XLC expensive right now? It trades at 15.3 times earnings, against its own median of 20.8

As of October 28, 2026, XLC is cheaper than 96% of its own last 8 years.

Trailing 12 months, built from XLC's holdings. How we calculate this →

What's inside XLC? 44% Magnificent 7

What's inside XLC: Size (Large 84%, Mid 16%, Small 0%); Geography (International 0%, US 100%); Tech 31.3%; Magnificent 7 43.7%; AI 21.8%.

What are XLC's top holdings? The ten largest are 76% of the fund

Facebook, Alphabet, Walt Disney, Take TWO Interactive Softwre, Comcast, Verizon Communications, AppLovin, Netflix and AT&T are XLC's largest holdings, in that order.

More concentrated than 78% of Communications ETFs.

Half of XLC's weight sits in its 5 largest positions, and once those weights are taken into account it behaves like 11 equally weighted holdings.

What is XLC's expense ratio? 0.08% a year

As of October 28, 2026, XLC charges 0.08% a year, yields 1.33% and holds $22.1B in assets across 22 positions.

State Street Communication Services Select Sector SPDR ETF (XLC) — cost, income and size
MeasureXLC
Expense ratio0.08%
Dividend yield1.33%
Assets under management$22.1B
Holdings22

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “State Street Communication Services Select Sector SPDR ETF (XLC) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/xlc

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