{
 "schema": "pops4.boards.answer/1",
 "question": "Which major ETFs carry the fewest warning signs?",
 "answer": "As of 9 October 2026, of 15 major ETFs read through their own SEC holdings reports, XLI, SPY, XLF and XLRE carry no warning signs; XLE, XLV, XLY and XLP carry the most, 3 signs each.",
 "asOf": "2026-10-09",
 "url": "https://www.pops4.com/boards/answers/major-etfs-fewest-warning-signs",
 "columns": [
  "Ticker",
  "Fund",
  "Boat",
  "In companies with warning filings",
  "Top 10",
  "Checked"
 ],
 "rows": [
  {
   "Ticker": "XLI",
   "Fund": "State Street(R) Industrial Select Sector SPDR(R) ETF",
   "Boat": "New ship",
   "In companies with warning filings": "1.2%",
   "Top 10": "41.4%",
   "Checked": "98%",
   "link": "https://www.pops4.com/boards/etf/XLI"
  },
  {
   "Ticker": "SPY",
   "Fund": "State Street(R) SPDR(R) S&P 500(R) ETF Trust",
   "Boat": "New ship",
   "In companies with warning filings": "2.1%",
   "Top 10": "36.4%",
   "Checked": "75%",
   "link": "https://www.pops4.com/boards/etf/SPY"
  },
  {
   "Ticker": "XLF",
   "Fund": "State Street(R) Financial Select Sector SPDR(R) ETF",
   "Boat": "New ship",
   "In companies with warning filings": "2.3%",
   "Top 10": "57.6%",
   "Checked": "96%",
   "link": "https://www.pops4.com/boards/etf/XLF"
  },
  {
   "Ticker": "XLRE",
   "Fund": "State Street(R) Real Estate Select Sector SPDR(R) ETF",
   "Boat": "New ship",
   "In companies with warning filings": "4.4%",
   "Top 10": "59.1%",
   "Checked": "94%",
   "link": "https://www.pops4.com/boards/etf/XLRE"
  },
  {
   "Ticker": "XLU",
   "Fund": "State Street(R) Utilities Select Sector SPDR(R) ETF",
   "Boat": "Sound ship: 59.7% slow and jumpy",
   "In companies with warning filings": "0.7%",
   "Top 10": "57.5%",
   "Checked": "100%",
   "link": "https://www.pops4.com/boards/etf/XLU"
  },
  {
   "Ticker": "IWM",
   "Fund": "iShares Russell 2000 ETF",
   "Boat": "Sound ship: revenue ranges average ±24.4%",
   "In companies with warning filings": "2.7%",
   "Top 10": "3.4%",
   "Checked": "23%",
   "link": "https://www.pops4.com/boards/etf/IWM"
  },
  {
   "Ticker": "XLC",
   "Fund": "State Street(R) Communication Services Select Sector SPDR(R) ETF",
   "Boat": "Sound ship: the 10 largest holdings are 76.1% of the fund",
   "In companies with warning filings": "4.1%",
   "Top 10": "76.1%",
   "Checked": "95%",
   "link": "https://www.pops4.com/boards/etf/XLC"
  },
  {
   "Ticker": "DIA",
   "Fund": "SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST",
   "Boat": "Sound ship: 6.1% of the fund in companies with warning filings",
   "In companies with warning filings": "6.1%",
   "Top 10": "55.3%",
   "Checked": "100%",
   "link": "https://www.pops4.com/boards/etf/DIA"
  },
  {
   "Ticker": "QQQ",
   "Fund": "Invesco QQQ Trust, Series 1",
   "Boat": "Sound ship: 7.1% of the fund in companies with warning filings",
   "In companies with warning filings": "7.1%",
   "Top 10": "45.0%",
   "Checked": "98%",
   "link": "https://www.pops4.com/boards/etf/QQQ"
  },
  {
   "Ticker": "XLK",
   "Fund": "State Street(R) Technology Select Sector SPDR(R) ETF",
   "Boat": "Weathered boat: 8.3% of the fund in companies with warning filings; the 10 largest holdings are 64.5% of the fund",
   "In companies with warning filings": "8.3%",
   "Top 10": "64.5%",
   "Checked": "100%",
   "link": "https://www.pops4.com/boards/etf/XLK"
  },
  {
   "Ticker": "XLB",
   "Fund": "State Street(R) Materials Select Sector SPDR(R) ETF",
   "Boat": "Weathered boat: 20.5% of the fund in companies with warning filings; 37.4% slow and jumpy",
   "In companies with warning filings": "20.5%",
   "Top 10": "58.4%",
   "Checked": "93%",
   "link": "https://www.pops4.com/boards/etf/XLB"
  },
  {
   "Ticker": "XLE",
   "Fund": "State Street(R) Energy Select Sector SPDR(R) ETF",
   "Boat": "Old boat: 81.4% slow and jumpy; the 10 largest holdings are 75.5% of the fund; revenue ranges average ±25.5%",
   "In companies with warning filings": "0.0%",
   "Top 10": "75.5%",
   "Checked": "77%",
   "link": "https://www.pops4.com/boards/etf/XLE"
  },
  {
   "Ticker": "XLV",
   "Fund": "State Street(R) Health Care Select Sector SPDR(R) ETF",
   "Boat": "Old boat: 6.3% of the fund in companies with warning filings; 12.2% in companies whose liabilities exceed assets; the 10 largest holdings are 61.5% of the fund",
   "In companies with warning filings": "6.3%",
   "Top 10": "61.5%",
   "Checked": "98%",
   "link": "https://www.pops4.com/boards/etf/XLV"
  },
  {
   "Ticker": "XLY",
   "Fund": "State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF",
   "Boat": "Old boat: 7.5% of the fund in companies with warning filings; 20.9% in companies whose liabilities exceed assets; the 10 largest holdings are 69.2% of the fund",
   "In companies with warning filings": "7.5%",
   "Top 10": "69.2%",
   "Checked": "97%",
   "link": "https://www.pops4.com/boards/etf/XLY"
  },
  {
   "Ticker": "XLP",
   "Fund": "State Street(R) Consumer Staples Select Sector SPDR(R) ETF",
   "Boat": "Old boat: 10.8% of the fund in companies with warning filings; 11.5% in companies whose liabilities exceed assets; the 10 largest holdings are 62.4% of the fund",
   "In companies with warning filings": "10.8%",
   "Top 10": "62.4%",
   "Checked": "100%",
   "link": "https://www.pops4.com/boards/etf/XLP"
  }
 ],
 "how": "Holdings from each fund’s latest Form N-PORT, each stock matched to its SEC filer, warning filings from the last 12 months. Boat: the number of warning signs (warning filings ≥ 5% of the fund; liabilities over assets ≥ 10%; slow and jumpy ≥ 30%; top 10 ≥ 60%; revenue ranges ≥ ±20%). Holdings are public about 60 days after each quarter.",
 "disclaimer": "Data & Disclosure Notice: Edgar and Edgarette are automated software. Every figure on this page is calculated by software from public filings made by companies and funds with the U.S. Securities and Exchange Commission (EDGAR) and is published without individual human review. The accuracy and completeness of those filings are the responsibility of the filers; reports can contain errors and can be amended. Figures are shown as filed and as of each filing's date, and this page may be corrected or updated without notice. Ranges, expected returns, rankings, boats and other measures are statistical descriptions of past filings, not ratings, price forecasts, company guidance or recommendations; past results do not guarantee future results. This is general information published for all readers, not advice tailored to any person's portfolio, needs or circumstances, and nothing here is financial, investment, actuarial, legal, tax or other professional advice. Actuaries and other professionals who use these figures remain responsible for reviewing them for reasonableness and consistency against the original filings and for disclosing their reliance on them. No company, fund or reinsurer pays to be included or ranked. Provided as is, without warranty of any kind. Not affiliated with or endorsed by the SEC or by any company, fund or reinsurer named. All trademarks remain the property of their owners."
}