Investors who are interested in gaining exposure to the new communication services sector can look to the Communication Services Select Sector SPDR Fund (NYSEArca: XLC).
The Communication Services Select Sector SPDR Fund tries to reflect the performance of the, Communication Services Select Sector Index, which includes companies that have been identified as Communication Services companies by the Global Industry Classification Standard. Specifically, XLC will include securities of companies from diversified telecommunication services; wireless telecommunication services; media; entertainment; and interactive media & services.
Top holdings include many names that people are familiar with, including Facebook 17.7%, Alphabet Class C 11.7%, Alphabet Class A 11.5%, Walt Disney (NYSE: DIS) 4.7% and Charter Communications (NasdaqGS: CHTR) 4.5%.
For more information on market sectors, visit our sector ETFs category.