Group 1 - The article discusses a 10-security portfolio created by Barron's that aims to replicate the holdings of Berkshire Hathaway, which was led by Warren Buffett until his recent departure as CEO [1] - The portfolio includes the S&P 500 Industrial Sector SPDR (XLI) ETF, which is weighted at 25% to reflect the value of Berkshire's industrial and other businesses [2] - XLI is noted for its diversification compared to other sector ETFs, which tend to be top-heavy, with a significant portion of their value concentrated in a few stocks [3][4] Group 2 - XLI is highlighted as a long-term investment consideration among the 11 sector ETFs managed by State Street, due to its balanced nature and diversification across various industrial segments [4][5] - The ETF's holdings include a wide range of industries, from transportation to aerospace, allowing investors to select individual stocks even if they do not want to invest in the entire sector [5]
Warren Buffett’s Legacy Includes an Emphasis on Industrials. This ETF Reminds Us Why.