XLCD - MicroSectors -3x Short Communication Services (XLC) ETNs
The index is a total return index that tracks the performance of the State Street® Communication Services Select Sector SPDR® ETF and is designed to provide exposure to the communication services sector of the S&P 500® index through a single fund-tracking vehicle.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $4.7M
- Beta
- 0.00
- 52-Week Range
- 43.88-50.09
- IPO Date
- Sep 9, 2026
- Exchange
- CBOE
XLCD Options Snapshot
Options pricing data for XLCD is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The XLCD overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
XLCD fund facts: expense ratio 0.95%, assets under management $4.7M, NAV $47.11 as of the data source's update on Oct 10, 2026, launched Sep 11, 2026, issued by REX Microsectors. See the XLCD holdings.
Frequently asked XLCD overview questions
- What is XLCD?
- XLCD is the ticker symbol for MicroSectors -3x Short Communication Services (XLC) ETNs, an listed exchange-traded fund. The index is a total return index that tracks the performance of the State Street® Communication Services Select Sector SPDR® ETF and is designed to provide exposure to the communication services sector of the S&P 500® index through a single fund-tracking vehicle. Listed on CBOE. XLCD is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are XLCD's key statistics?
- MicroSectors -3x Short Communication Services (XLC) ETNs (XLCD) carries a market capitalization of $4.7M, 52-week range of 43.88-50.09. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does XLCD belong to?
- MicroSectors -3x Short Communication Services (XLC) ETNs operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare XLCD's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the XLCD data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for XLCD, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.