The seasonality of the returns of the communications ETF is solid in December. The seasonality of the XLC ETF is robust in December and the technicals point to higher prices. In November, Apple announced the release of its 5G phone line, which should help these communication companies gain further traction throughout the globe. These companies are poised to benefit from the introduction of 5G phones throughout the US and the globe. Recent financial results reported by Facebook and Alphabet were much better than expected.Īdditionally, companies like Verizon, T-Mobile, and AT&T are players in this sector. Communication shares have outperformed during the spread of the Covid-19 pandemic as consumers stayed at home using their phones and computers to watch Netflix and to engage in social media. This sector has changed over the past three years with the introduction of some of the large-cap technology shares such as Facebook, Alphabet, and Netflix. The XLC ETF is an exchange-traded fund that corresponds generally to the price and yield performance of companies in the Communication Services Select Sector Index.
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