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Communication Services Select Sector SPDR (XLC)Overvalued or undervalued?
Look-through valuation · Sector · Expense ratio 0.09 % · ISIN US81369Y8527
Price history (since 2018)
Monthly close since 2018. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Meta Platforms Inc. META | 23.6 % | +10.0 % | 66 |
| Alphabet Inc Class A GOOGL | 12.3 % | n/a | n/a |
| Alphabet Inc Class C GOOG | 9.9 % | −4.4 % | 68 |
| Walt Disney Company DIS | 4.6 % | −6.8 % | 66 |
| AT&T Inc. T | 4.5 % | +123.7 % | 64 |
| Take-Two Interactive Software Inc TTWO | 4.5 % | −62.4 % | 54 |
| T-Mobile US Inc TMUS | 4.4 % | +77.5 % | 62 |
| Verizon Communications Inc VZ | 4.3 % | +61.4 % | 57 |
| Applovin Corp APP | 4.3 % | +10.0 % | 91 |
| Netflix Inc NFLX | 4.2 % | +5.4 % | 87 |
| Comcast Corp CMCSA | 4.1 % | +200.0 % | 66 |
| Live Nation Entertainment Inc LYV | 3.6 % | −71.4 % | 41 |
| Reddit, Inc. RDDT | 2.9 % | −15.4 % | 77 |
| Omnicom Group Inc OMC | 2.7 % | +45.5 % | 42 |
| EchoStar Corporation SATS | 1.8 % | n/a | n/a |
| Fox Corp Class A FOXA | 1.6 % | n/a | n/a |
| Charter Communications Inc CHTR | 1.6 % | +49.4 % | 47 |
| TKO Group Holdings, Inc. TKO | 1.4 % | −49.7 % | 49 |
| News Corp A NWSA | 1.3 % | n/a | n/a |
| Fox Corp Class B FOX | 1.0 % | +17.9 % | 71 |
| Paramount Skydance Corporation PSKY | 0.7 % | −80.4 % | 34 |
| News Corp B NWS | 0.5 % | −47.7 % | 70 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 22 largest of 22 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +76.9 % below FV
- 2 MCHI iShares MSCI China ETF +41.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +37.1 % below FV
- 4 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.2 % below FV
- 5 VOX Vanguard Communication Services Index Fund ETF Shares +21.5 % below FV
- 6 XLC Communication Services Select Sector SPDR® Fund +20.6 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.1 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +15.2 % below FV
- 9 SHRY First Trust Bloomberg Shareholder Yield ETF +14.6 % below FV
- 10 TAN Invesco Solar ETF +14.5 % below FV
Frequently asked about XLC
Is XLC overvalued?
What is the fair value of XLC?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of XLC?
What is the expense ratio of XLC?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Communication Services Select Sector SPDR® Fund an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 15, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.