SPTE

SP Funds S&P Global Technology ETF

$34.90

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The SP Funds S&P Global Technology ETF (SPTE) seeks to track the performance of the S&P Global 1200 Information Technology Index, which provides exposure to large-cap global technology companies.

Overview

ETF tracking SP Funds S&P Global Technology ETF

Category International

Issuer Other

Inception Date 2023-12-01

Market Cap $75.9M

Average Volume N/A

Dividend Yield 0.19%

52-Week Range $22.05 - $37.02

VWAP $34.75

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The SP Funds S&P Global Technology ETF (SPTE) seeks to track the performance of the S&P Global 1200 Information Technology Index, which provides exposure to large-cap global technology companies.

🎯 Investment Strategy

The ETF uses a passive, index-tracking approach, investing in the same securities and in the same proportions as the underlying index. This strategy aims to provide investors with broad exposure to the global technology sector.

✨ Key Features

Tracks the S&P Global 1200 Information Technology Index, a benchmark of large-cap global technology companies
Diversified exposure across different technology sub-sectors and regions
Low expense ratio of 0.00%
Suitable for investors seeking broad-based exposure to the global technology industry

⚠️ Primary Risks

Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
Sector concentration risk: As a technology-focused fund, it is subject to risks associated with the technology sector
Currency risk: The fund's international holdings may be affected by fluctuations in foreign exchange rates
Liquidity risk: The ETF may have difficulty trading certain securities, especially in volatile market conditions

👤 Best For

The SP Funds S&P Global Technology ETF may be suitable for long-term investors seeking exposure to the global technology sector as part of a diversified portfolio. It may be particularly appealing to investors with a higher risk tolerance who are looking to capitalize on the growth potential of the technology industry worldwide.