For investors looking for momentum, The Industrial Select Sector SPDR Fund XLI is probably a suitable pick. The fund just hit a 52-week high and is up 103% from its 52-week low price of $47.71/SHARE.Let’s take a look at the fund and its near-term outlook to gain an insight into where it might be headed:XLI in FocusThis ETF seeks to track the performance of the Industrial Select Sector Index. It has AUM of $18.50 billion and charges 12 basis points in annual fees.Why the Move?The industrial sector, which faced disruption in global supply chains and closedown of factories, is expected to rebound as the economy recovers from the coronavirus-led slump. The accelerated distribution of coronavirus vaccines and addition of stimulus are expected to drive demand and economic activities in the sector. This is making funds like XLI an attractive investment option.More Gains Ahead?It seems like the fund will remain strong as it sports a Zacks ETF Rank #1 (Strong Buy) along with a positive weighted alpha of 79.44, which gives cues of further rally.Want key ETF info delivered straight to your inbox?Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report