What is XLC and what does it track?

State Street Communication Services Select Sector SPDR ETF (XLC) is an exchange-traded fund focused on the Communications sector, managing $27.16B in assets. The fund has been trading since 2018-06-18. Normally, the fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Communication Services compa...

How large is XLC and what does it cost to hold?

XLC currently manages $27.16B in assets. The annual expense ratio (TER) is 0.08%, deducted directly from fund assets. Portfolio turnover stands at 40%, reflecting how frequently holdings are replaced within a year. Lower expense ratios compound favorably over time – a 0.08% TER on a 10-year holding period adds up to meaningfully less drag than a 0.5% fund.

What are the largest holdings in XLC?

XLC allocates 99.5% of its portfolio to Communication Services. The three largest holdings are META (19.2%), GOOGL (10.6%), GOOG (8.5%). Concentration in the top holdings means single-name events in these positions can have an outsized effect on the ETF's price.

Does XLC pay dividends or distributions?

XLC currently distributes a yield of 1.14%. ETF distributions are typically passed through from dividends and interest generated by the underlying holdings. The actual payout frequency depends on the fund structure – most sector ETFs distribute quarterly.

What is XLC's historical performance?

Reported performance for XLC: year-to-date 32.26%, 3-year cumulative 25.66%, 5-year cumulative 9.62%. Past performance is not indicative of future results. Returns reflect price changes only and may differ from total return figures that include distributions.

What is the current trend signal for XLC?

As of the most recent session, XLC closed at $111.26. The swing trend is negative with ADX at 6.7 (weak trend strength). Momentum is bearish and has been running for 7 trading days. No Golden Cross is currently active. Price has been compressing for 32 consecutive sessions – a breakout setup is building. All data is updated once per trading day after the US market closes.

When was the last Trendchange signal for XLC?

The most recent Trendchange signal for XLC fired on 06.08.26 at $111.18. The position has been open for 25 trading days. Performance after 10 days: +0.13%. The system's historical edge across 27 tracked signals is 0%. Trendchange signals are based on proprietary moving average crossover logic applied to end-of-day price data.

XLC – State Street Communication Services Select Sector SPDR ETF

ETF

Communications | Inception: 2018-06-18

Quick Stats

Trend Signal

$111.26

Last Close

Official EOD price – basis for all calculations

▼ Short

Swing Trend

Moving average structure confirms downtrend – bears in control

6.7

Trend Strength (ADX)

Weak / ranging – trend signals less reliable

Options Signals

56%

IV-Rank (52w)

IV in normal range – no clear vol edge

98% / 2%

Call / Put Flow

Bullish positioning – call premium dominates options flow

Last Trendchange Signal

06.08.26

Date

Signal entry date

$111.18

Entry Price

Closing price at signal date

25d

Days Held

Trading days since signal

+0.13%

+10d

Return after 10 trading days

+1.12%

+20d

Return after 20 trading days

+0.31%

+30d

Return after 30 trading days

+0.31%

+60d

Return after 60 trading days

Trend Overview

Volatility Compression – Wait for Breakout Composite Score: 0 / 7

XLC has been in a volatility compression for 32 consecutive sessions. Price is coiling and the range is contracting. This kind of structure typically resolves with an expansion in one direction – and the underlying trend bias remains negative, which tilts the probability toward a downside continuation. The key question is not if the move happens, but when and which way.

What to watch

This is a waiting game. Define the breakout level in advance, set alerts at the range boundaries, and let the market make the first move.

XLC Price Chart

Technical Trend Analysis

As of 07.10.2026 · Close: $111.26 · ATR14: $1.47

Volatility Compression – Wait for Breakout Composite Score: 0 / 7

What to watch

This is a waiting game. Define the breakout level in advance, set alerts at the range boundaries, and let the market make the first move.

Indicator	Signal	Detail
Swing Trend	▼ Short	Primary directional bias
Momentum	▼ Down · -7d	Strength: -0.20 – Rising
Trend Strength (ADX)	6.7 – Weak	ADX38: 4.7
Volatility (HV30)	19.3% – Calm	HV90: 19.9% \| HV180: 17.3%
Vola Compression	32 days active	Potential breakout building
MA Structure	Death Cross ✗	Stack: Mostly aligned (2/3)
EMA21 Distance	~0 ATR – Near line	EMA21: $111.15
GD200 Extension	-1.5 ATR – Normal	GD20: -0.6 \| GD50: -0.3 \| GD100: -0.2

📉 Downside Momentum Intensifying

Downward momentum active for -7 days and still building (-0.20). Selling pressure is not easing.

⚪ Trend Strength – ADX14: 6.7 (Weak)

Weak or ranging market. ADX38: 4.7. Trend-following signals carry lower reliability.

🔻 Volatility Calm

HV30: 19.3% | HV90: 19.9% | HV180: 17.3%. Short-term vol is below its 90-day average. Calmer conditions favour tighter setups.

🗜️ Volatility Compression – 32 Days Active

Price has been compressing for 32 sessions. The longer the compression, the more powerful the potential breakout.

💀 Death Cross – Long-term Bearish

Death Cross in place. GD50 $111.70 below GD200 $113.72. Long-term structure remains bearish. MA stack: Mostly aligned (2/3).

🎯 EMA21 – Bounce Confirmed

Price touched the EMA21 at $111.15 and is pulling away with rising distance. Classic continuation setup.

📐 Key Price Levels & ATR Distance

GD20: $112.28 (-0.6 ATR) | GD50: $111.70 (-0.3 ATR) | GD100: $111.51 (-0.2 ATR) | GD200: $113.72 (-1.5 ATR). ATR14: $1.47.

Monthly Performance History

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2018						-0.86	-2.77	1.91	0.89	T -5.66	-2.81	-8.43	-17.37
2019	T 10.28	-0.11	1.06	5.45	-5.46	T 7.91	2.34	-2.00	T 0.98	T 3.26	3.16	3.02	28.21
2020	-0.65	-6.95	-15.77	T 18.36	8.96	-1.10	4.97	8.73	-6.87	T -1.74	10.53	1.32	24.36
2021	T 0.60	5.05	-0.11	4.65	T 1.48	2.70	1.02	4.15	-6.90	-1.42	-6.29	T 5.50	16.85
2022	-5.46	-8.23	T 1.76	-14.76	-0.84	-8.77	2.83	T -3.39	-12.74	-2.07	T 7.54	-7.37	-38.65
2023	T 13.31	-4.00	T 9.19	2.90	3.92	3.17	5.34	-1.41	T -2.28	T -2.03	T 6.24	3.93	49.48
2024	5.02	3.52	2.05	-5.38	T 5.96	2.48	0.57	T 1.37	5.46	1.74	6.49	-2.42	33.99
2025	T 5.24	-0.58	-4.49	-1.11	T 5.70	6.51	-0.32	4.97	6.45	-1.63	1.58	T 2.50	21.01
2026	2.72	-1.35	T -5.95	T 4.74	-0.88	-7.34	T -1.37	T 0.11	0.08	1.20			-4.82

T A T badge marks a Trendchange signal in that month. Hover for entry price.

XLC - Trendchange Chart

Trendchange Signal History

The last 10 Trendchange signals for XLC:

Date	Entry Price	Days Held	+10d	+20d	+30d	+60d
06.08.26	$111.18	25d	+0.13%	+1.12%	+0.31%	+0.31%
15.07.26	$113.38	2d	-2.95%	-2.95%	+0%	+0%
14.04.26	$116.56	16d	-0.64%	-0.39%	-0.39%	-0.39%
03.03.26	$117.96	6d	-0.81%	-0.81%	-0.81%	+0%
02.12.25	$115.23	21d	+1.16%	+2.66%	+2.01%	+2.01%
01.05.25	$95.93	52d	+4.96%	+5.26%	+8.03%	+11.58%
27.01.25	$100.93	34d	+1.79%	+2.27%	+2.27%	+2.27%
19.08.24	$87.24	12d	+0.09%	-2.21%	-2.21%	-2.21%
09.05.24	$81.67	51d	+1.43%	+4.05%	+4%	+4.74%
07.11.23	$67.74	27d	+4.61%	+2.17%	+2.17%	+2.17%

Signal Statistics - Historical Edge

Calculated edge for XLC: 0%

Range	N	10d	20d	30d	60d	Signal
5-7%	1	+5.15%	+14.31%	+8.02%	+8.02%	Close
3-5%	4	+4.25%	+2.91%	+5.37%	+6.92%	Close
1-3%	7	+2.05%	+2.36%	+2.26%	+2.52%	Close
0-1%	4	+0.32%	+0.15%	+0.3%	+0.29%	Close
-1-0%	6	-0.59%	+0.56%	+0.58%	+3.57%	Neg
-3-1%	3	-2.17%	-2.17%	-0.71%	+0%	Neg
-5-3%	2	-4.38%	-4.38%	-4.38%	-4.38%	Neg

Exit Rules: Stoploss: -10% | Close if below 7% after 10 days

Signal data as of October 7, 2026

LOW ALERT ● Neutral Strength: 2.5

Options Metrics

IV-Rank (52w)

56%

IV is in its normal historical range – no structural vol edge in either direction.

Call / Put Flow

98% / 2%

More than 60% of options premium is flowing into calls. This indicates net bullish positioning by market participants.

GEX (Mio.)

25,067.0

Positive GEX: market makers are long gamma. They buy dips and sell rallies, which suppresses volatility and keeps price in a range.

Max Pain

$100.00 · 10.1%

Max Pain is the price at which the most options contracts expire worthless. As expiration approaches, price often gravitates toward this level due to dealer hedging flows.

Spot Price

$111.26

Last traded price at signal calculation time

Gamma Exposure Timeline

Key GEX levels, Max Pain, and unusual activity across weekly and monthly expirations, plotted around the current spot price.

XLC GEX timeline showing put/call gamma pins, max pain and flip strike

Key GEX levels, Max Pain, Anchor, Ceiling and unusual activity across 14-30 DTE, plotted around the current spot price.

Put and call pins mark strikes where dealer gamma exposure concentrates. The GEX flip strike is where dealer hedging shifts from stabilizing (positive gamma) to amplifying (negative gamma) price moves. Max Pain is the strike where the most options expire worthless. Dashed markers flag unusual options activity. Learn how to use these signals in our options strategy guides →

View full options flow data and historical signals on the Options Flow Analysis Overview →

About State Street Communication Services Select Sector SPDR ETF

Normally, the fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Communication Services companies by the GICS®, including securities of companies from the following industries: diversified telecommunication services; wireless telecommunication services; media; entertainment; and interactive media & services. The fund is non-diversified.

Fund Overview

Metric	Value
Assets under Management	$27.16 B
Expense Ratio	0.08%
Dividend Yield	1.14%
Portfolio Turnover	40%
YTD Return	32.26%
3-Year Return	25.66%
5-Year Return	9.62%

Sector Allocation

Sector	Weight
Communication Services	99.5%

Top 10 Holdings

Symbol	Company	Weight
META	META PLATFORMS INC CLASS A	19.2%
GOOGL	ALPHABET INC CLASS A	10.61%
GOOG	ALPHABET INC CLASS C	8.45%
VZ	VERIZON COMMUNICATIONS INC	5.8%
NFLX	NETFLIX INC	5.67%
T	AT&T INC	5.17%
TMUS	T-MOBILE US INC	5%
CMCSA	COMCAST CORP CLASS A	5%
EA	ELECTRONIC ARTS INC	4.47%
WBD	WARNER BROS. DISCOVERY INC ORDINARY SHARES CLASS A	4.23%

Frequently Asked Questions – State Street Communication Services Select Sector SPDR ETF (XLC)

Disclaimer: All trade history on this page reflects the author's personal trading activity only. This is not financial advice. Past performance is not indicative of future results. See our full Disclaimer.