XLC, or the XLC ETF, is an exchange-traded fund that focuses on the communication services sector. This sector includes companies involved in telecommunications, media, and entertainment, providing investors with exposure to a diverse range of businesses. The fund aims to track the performance of the Communication Services Select Sector Index. Investing in XLC allows individuals to gain access to major companies like Facebook, Alphabet, and Disney without having to buy shares of each company individually. This can help investors diversify their portfolios while targeting growth in the rapidly evolving communication landscape.