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This text is part of InvestorPlace.com’s Greatest ETFs for 2020 contest. Todd Shriber’s choose for the competition is the Communication Providers Choose Sector SPDR (NYSEARCA:).
My choice for InvestorPlace.com’s Greatest ETFs for 2020 contest is the Communication Providers Choose Sector SPDR (NYSEARCA:). For the uninitiated, XLC is the primary and largest exchange-traded fund devoted to the communication companies group, the latest sector addition to the S&P 500 and different well-known fairness benchmarks. That sector formally debuted within the third quarter of 2018.
XLC is at present up 28% 12 months to this point, placing it forward of the S&P 500 by virtually 100 foundation factors. Of the 11 sector SPDR ETFs, solely the Know-how Choose Sector SPDR Fund (NYSEARCA:) and the Monetary Choose Sector SPDR Fund (NYSEARCA:) are outperforming XLC.
All the things You Ought to Know About XLC
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