The XLC ETF, or Communication Services Select Sector SPDR Fund, is an exchange-traded fund that focuses on companies in the communication services sector. This includes businesses involved in telecommunications, media, and entertainment. By investing in the XLC ETF, investors gain exposure to a diversified portfolio of major companies like Facebook, Alphabet, and Disney. The XLC ETF aims to track the performance of the Communication Services Select Sector Index. It provides a convenient way for investors to participate in the growth of the communication services industry without having to buy individual stocks. This makes it an appealing option for those looking to diversify their investment portfolios.