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XRT is the SPDR S&P Retail ETF, which tracks a broad, equal-weighted basket of U.S. retail stocks spanning department stores, specialty retail, online commerce, and food retailers. Its equal-weight methodology gives outsized exposure to smaller retail names compared to market-cap-weighted alternatives. As a pure-play retail fund, XRT remains sensitive to ongoing tariff policy uncertainty following the Supreme Court's recent ruling on Trump-era global tariffs.