# S&P US Utilities Select Sector (SXLU)

**Page:** https://fundology.uk/fund/sxlu · ISIN IE00BWBXMB69

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, SXLU (S&P US Utilities Select Sector, ISIN IE00BWBXMB69) closed at $56.06 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its total return was +50.6%, or +17.5% after UK CPIH inflation.

## Summary

SSgA SPDR ETFs Europe II Plc - S&P US Utilities Select Sector is an exchange-traded fund (ETF) from SPDR, launched in 2015. It tracks the S&P Utilities Select Sector Daily Capped 35/20 Index - USD. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **$56.06** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SXLU |
| ISIN | IE00BWBXMB69 |
| Also listed as | ZPDU (Xetra, euros) |
| Category | Single sectors |
| Type | ETF |
| Provider | SPDR |
| Tracks | S&P Utilities Select Sector Daily Capped 35/20 Index - USD |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £139m |
| Launched | 2015 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 07/07/2015 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -0.61% | -4.13% | income reinvested |
| 3 years | +40.94% | +27.33% | income reinvested |
| 5 years | +50.60% | +17.55% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of SSgA SPDR ETFs Europe II Plc - S&P US Utilities Select Sector in pounds (price, with income reinvested in the fund): 2022 +14.4%, 2023 −13.1%, 2024 +28.2%, 2025 +5.2%; 2026 to 13/11/2026 +5.7%. Returns of SSgA SPDR ETFs Europe II Plc - S&P US Utilities Select Sector in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −8.3%; to 30/09/2025: +13.4%; to 30/09/2024: +27.6%; to 30/09/2023: −17.5%; to 30/09/2022: +30.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +14.4% | +4.7% | Price |
| 2023 | -13.1% | -16.6% | Price |
| 2024 | +28.2% | +23.9% | Price |
| 2025 | +5.2% | +1.6% | Price |
| 2026 to 13/11/2026 | +5.7% | +2.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 17.94% | -15.06% |
| 3 years | 15.81% | -15.06% |
| 5 years | 17.57% | -29.40% |

## Largest fall

Volatility of SSgA SPDR ETFs Europe II Plc - S&P US Utilities Select Sector in pounds, annualised from weekly returns to 13/11/2026: 17.9% over 1 year, 15.8% over 3 years, 17.6% over 5 years. Largest fall in the price of SSgA SPDR ETFs Europe II Plc - S&P US Utilities Select Sector since November 2021, in pounds: −29.4% from 09/09/2022 to 06/10/2023. The lowest 12-month return of SSgA SPDR ETFs Europe II Plc - S&P US Utilities Select Sector in pounds (price, with income reinvested in the fund) since January 2021 was −23.0% (12 months to 08/09/2023); the highest was +39.0% (12 months to 09/09/2022). On 13/11/2026 the price of SSgA SPDR ETFs Europe II Plc - S&P US Utilities Select Sector was 4.4% below its highest weekly close since November 2021 (13/03/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of SSgA SPDR ETFs Europe II Plc - S&P US Utilities Select Sector 0.15% a year. Compared on 14/11/2026, 134 of the 164 other single-sector funds charge more, 15 the same and 15 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 05/11/2026, SXLU holds 31 positions, according to its published holdings. The largest is NextEra Energy at 13.55% of the fund; the ten largest make up 59.2%.

### Top holdings

Largest positions (as of 05/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NextEra Energy | [NEE](https://fundology.uk/stock/NEE) | 13.55% |
| 2 | Southern | [SO](https://fundology.uk/stock/SO) | 7.90% |
| 3 | Duke Energy Corporation (Holding Company) | [DUK](https://fundology.uk/stock/DUK) | 7.46% |
| 4 | Constellation Energy | [CEG](https://fundology.uk/stock/CEG) | 5.81% |
| 5 | American Electric Power | [AEP](https://fundology.uk/stock/AEP) | 5.08% |
| 6 | Dominion Energy | [D](https://fundology.uk/stock/D) | 4.51% |
| 7 | DBA Sempra | [SRE](https://fundology.uk/stock/SRE) | 3.84% |
| 8 | Entergy | [ETR](https://fundology.uk/stock/ETR) | 3.79% |
| 9 | Xcel Energy | [XEL](https://fundology.uk/stock/XEL) | 3.69% |
| 10 | Exelon | [EXC](https://fundology.uk/stock/EXC) | 3.53% |

All 31 holdings: https://fundology.uk/fund/sxlu/holdings

## Questions people ask

**What is the ongoing charge of SXLU?**

The ongoing charge of SXLU is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of SSgA SPDR ETFs Europe II Plc - S&P US Utilities Select Sector 0.15% a year. Compared on 14/11/2026, 134 of the 164 other single-sector funds charge more, 15 the same and 15 less (share classes counted once).

**What does SXLU track?**

SXLU tracks the S&P Utilities Select Sector Daily Capped 35/20 Index - USD.

**Is SXLU accumulating or distributing?**

SXLU is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of SXLU?**

The ISIN of SXLU is IE00BWBXMB69. An ISIN identifies one exact share class of a fund; SXLU is its ticker on the London Stock Exchange. The same share class is also listed as ZPDU (Xetra, euros).

**What does SXLU hold?**

As of 05/11/2026, SXLU holds 31 positions, according to its published holdings. The largest is NextEra Energy at 13.55% of the fund; the ten largest make up 59.2%. Its ten largest holdings are NextEra Energy (13.55%), Southern (7.90%), Duke Energy Corporation (Holding Company) (7.46%), Constellation Energy (5.81%), American Electric Power (5.08%), Dominion Energy (4.51%), DBA Sempra (3.84%), Entergy (3.79%), Xcel Energy (3.69%) and Exelon (3.53%).

**What were SXLU’s returns in each of the last five years?**

Calendar-year returns of SXLU in pounds (price, with income reinvested in the fund): 2022 +14.4%, 2023 −13.1%, 2024 +28.2%, 2025 +5.2%; 2026 to 13/11/2026 +5.7%. Past performance is not a guide to future returns.

**How has SXLU done after inflation?**

Over the five years to 13/11/2026 SXLU’s total return was +50.6%, or +17.5% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at State Street Global Advisors](https://www.ssga.com/uk/en_gb/intermediary/etfs/state-street-spdr-sp-us-utilities-select-sector-ucits-etf-acc-zpdu-gy)
- [Key investor information document (KIID)](https://www.ssga.com/library-content/kiids?isin=IE00BWBXMB69&documentType=kiid&country=uk&language=en_gb&ticker=zpdu-gy)
- [Factsheet](https://www.ssga.com/library-content/products/factsheets/etfs/emea/factsheet-emea-en_gb-zpdu-gy.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.