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Financials — Historical Charts and Data

XLF year to date: +7.6% as of 2026-11-12. Financials on History of Market: Financial Sector Annual Returns; Financial Sector Since 1998. 9 charts with downloadable data, refreshed daily.

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Financials in figures

Financials in figures
MeasureValueDate or periodBasis
Latest close$58.21Nov 12, 2026Fund closing price
Return this year (total return)+7.6%Nov 12, 2026Dividend-adjusted closes, since the previous year's last close
Average annual return (total return)+8.5%1999–2025Arithmetic mean; total return from dividend-adjusted closes, 27 complete calendar years
Compound annual return (total return)+6.0%1999–2025Geometric mean; total return from dividend-adjusted closes, 27 complete calendar years
Calendar years with a gain18 of 27 (66.7%)1999–2025Total return from dividend-adjusted closes, 27 complete calendar years
Highest calendar-year return+35.6% (2013)1999–2025Total return from dividend-adjusted closes, 27 complete calendar years
Lowest calendar-year return-54.9% (2008)1999–2025Total return from dividend-adjusted closes, 27 complete calendar years
Deepest fall from a record close-82.7%Jun 1, 2007 – Mar 6, 2009Dividend-adjusted daily closes; back at the record on Jul 5, 2017
Below the record close-1.7%Nov 12, 2026Dividend-adjusted daily closes; record close on Nov 4, 2026
Forward P/E15.1×May 12, 2026S5FINL: licensed terminal (consensus) data, weekly
Weight of the ten largest holdings57.2%Nov 13, 2026Holdings disclosed by XLF
10-year minus 2-year Treasury yield+0.25%Nov 10, 2026Constant-maturity Treasury yields, daily

Computed from this site's published data files each time the page is built. Each measure links to the chart that holds the full series.

§ II

Financial Sector Forward P/E S5FINL · Consensus Forward PE — Financial Sector Thirty-Year Forward P/E Ratio Three decades of forward P/E multiples for financials, illustrating persistent structural valuation discounts relative to tech.

§ I

Financial Sector Since 1998 XLF · 1998 to present — Financial Select Sector (XLF): The Historical Trajectory Since 1998 Price trajectory of the Financial Select Sector SPDR Fund (XLF) through credit cycles, regulatory overhaul, and rate shifts. Financial Sector Annual Returns XLF · Annual Return — Financial Sector Historical Calendar-Year Returns Annual returns of the financial sector through interest rate cycles, balance sheet expansion, and credit crises. Financial Sector Return Distribution XLF · Return Distribution — Financial Sector Annual Return Distribution Since 1999 Distribution of annual returns for financials, reflecting pro-cyclical volatility and systemic stress windows.

§ IV

Financial Sector Intrayear Drawdowns XLF · Intrayear DD vs Full Year — Financial Sector Maximum Intra-Year Drawdown vs. Full-Year Return Maximum intrayear drawdowns versus calendar-year returns for the financial sector.

§ III

2008 Crisis Institutional Destinies Financials · 2008 Anatomy — The 2008 Financial Crisis: Industry Restructuring and Consolidation Divergent fates of ten major Wall Street titans during the 2008 crash: five failures/absorptions versus five survivors.

§ V

Financials & Yield Curve Sensitivity FRED 2y-10y · XLF — The Yield Curve Spread (2s10s) and Bank Sector Transmission Relative performance of financials against the S&P 500 mapped against Treasury yield curve slope and Net Interest Margins (NIM). 2016 Real Estate Spinoff GICS · 2023-03-17 Reshuffle — March 2023 GICS Reclassification: Payment Networks Enter Financials Structural separation of REITs into an independent 11th GICS sector, transforming financial sector composition. Financial Sector Asset Breakdown XLF · Top Holdings — XLF Core Holdings and Weight Distribution Portfolio allocation across diversified commercial banks, investment banks, insurance underwriters, and payment networks.