Fossil fuel companiesare fueling the climate crisis.


Utilities Select Sector SPDR® Fund

Shareclass
Utilities Select Sector SPDR® ETF (XLU)
Type
Exchange-traded fund
Fossil fuel exposure of 97.17% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
Southern Co
Macroclimate 30Top 30 coal-fired power
$1.07 BILLION
Duke Energy Corp
Macroclimate 30Top 30 coal-fired power
$1.04 BILLION
American Electric Power Co Inc
Macroclimate 30Top 30 coal-fired power
$577.97 MILLION
Xcel Energy Inc
Macroclimate 30Top 30 coal-fired power
$464.67 MILLION
FirstEnergy Corp
Carbon Underground 200Top 200 carbon reserves
$266.44 MILLION
NRG Energy Inc
Macroclimate 30Top 30 coal-fired power
$168.43 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
1
holdings
$266.44M
invested
2.08%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
8
holdings
$2.33B
invested
18%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
12
holdings
$7.03B
invested
55%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
5
holdings
$3.32B
invested
26%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
29
holdings
$12.43B
invested
97%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
29 holdings
29 holdings
  • 1. NextEra Energy Inc
    Oil/gas industryFossil-fired utility
    $1.69B
    13%
  • 2. Southern Co
    Oil/gas industryMacroclimate 30Fossil-fired utility
    $1.07B
    8.34%
  • 3. Duke Energy Corp
    Oil/gas industryMacroclimate 30Fossil-fired utility
    $1.04B
    8.12%
  • 4. Sempra
    Oil/gas industryFossil-fired utility
    $633.42M
    4.95%
  • 5. American Electric Power Co Inc
    Coal industryOil/gas industryMacroclimate 30Fossil-fired utility
    $577.97M
    4.52%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
Utilities Select Sector SPDR® Fund $XLU is 97% ($12.43 BILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on XLU at Morningstar.com
Current fund
XLU
Utilities Select Sector SPDR® Fund
Family
State Street
Category
Utilities
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-0.44% less in annualized returns
More invested in fossil fuels 
87% more invested
Lower fossil finance risk score 
21 points lower
Lower fossil insurance risk score 
15 points lower
Less invested in Clean200 
16.61% less invested
Current fund
XLU
Utilities Select Sector SPDR® Fund
Family
State Street
Category
Utilities
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-0.44% less in annualized returns
More invested in fossil fuels 
87% more invested
Lower fossil finance risk score 
21 points lower
Lower fossil insurance risk score 
15 points lower
Less invested in Clean200 
16.61% less invested
Current fund
XLU
Utilities Select Sector SPDR® Fund
Family
State Street
Category
Utilities
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-0.44% less in annualized returns
More invested in fossil fuels 
87% more invested
Lower fossil finance risk score 
21 points lower
Lower fossil insurance risk score 
15 points lower
Less invested in Clean200 
16.61% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
XLU - Utilities Select Sector SPDR® Fund
-8.1%
2.74%
5.65%
8.14%
97% 
Benchmark
ACWI - iShares MSCI ACWI ETF
14%
6.03%
10%
8.58%
9.68% 
Fund compared to benchmark
 
-22.31%
-3.29%
-4.48%
-0.44%
87%  higher
Find more financial data on XLU at Morningstar.com
What's next?
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