State Street® US Sector Rotation ETF

State Street® US Sector Rotation ETF

About

State Street® US Sector Rotation ETF (US78470P4081) is a US-listed equity ETF tracking the S&P 500 Index. With a expense ratio of 0.7%, its costs are on the higher end for an ETF, paying distributions. The fund holds 35 positions across 1 region with 1.0B in assets, launched in 2019. Over the past year, the fund returned 26.8%. We rate this fund 5.9/10.

5.9
  • 21%Tracking Difference10.0
  • TD Consistency
  • 9%Expense Ratio1.0
  • 11.25%Holding Count2.4
  • 22.5%Country Concentration4.8
  • 11.25%Sector Concentration4.3
  • 25%Assets Under Management7.6

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice. Last updated: Jul 14, 2026

Ticker XLSR
ISIN
Fund Size $1.0B
Issuer SPDR
Distribution Pays Distributions
Replication
Inception Apr 2019
Base Currency USD
Index S&P 500 Index
Asset Class Equities
Category US Equity

Costs

7.3
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.70%
 
Metric Value
Expense Ratio 0.70%

Cumulative Returns

Performance across different time periods.
1 Month+4.76%
3 Months+0.08%
Year to Date+6.48%
1 Year+26.83%
3 Years+18.67%
5 Years+10.24%
Inception+13.27%
 
Period Cumulative Return
1 Month +4.76%
3 Months +0.08%
6 Months +0.03%
1 Year +26.83%
3 Years +18.67%
5 Years +10.24%
10 Years +1.15%
YTD +6.48%
Since Inception +13.27%

Holdings

2.4
With only 35 individual holdings, this fund is relatively concentrated compared to other ETFs.
 
Holding Weight
STATE STREET TECHNOLOGY SELECT 26.26%
STATE STREET INDUSTRIAL SELECT 14.54%
STATE STREET HEALTH CARE SELEC 13.19%
Alphabet Inc 4.94%
NVIDIA Corp 4.59%
STATE STREET COMMUNICATION SER 4.49%
Apple Inc 4.44%
STATE STREET MATERIALS SELECT 4.20%
Alphabet Inc 3.83%
STATE STREET ENERGY SELECT SEC 3.66%
STATE STREET FINANCIAL SELECT 3.59%
STATE STREET CONSUMER DISCRETI 2.62%
Microsoft Corp 2.61%

Sectors

4.3
This fund is concentrated in just a few of its 7 sectors, reducing diversification.
 
Sector Weight
Unknown 73.12%
Technology 14.31%
Communication Services 11.91%
Consumer Discretionary 0.45%
Materials 0.13%
Energy 0.08%
Consumer Staples 0.00%

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.
 
Country Weight
UNKNOWN 73.12%
United States 26.88%

Nerd Stuff

Advanced risk and return metrics (17 July 2023 — 7 July 2026).
16.1%
Volatility
-20.6%
Max Drawdown
0.72
Sharpe Ratio
1.02
Sortino Ratio
0.56
Calmar Ratio
0.33
Beta
5.30%
Alpha (Jensen's)
0.103
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Feedback
ETFs
Basket
Compare