SPXD
Xtrackers S&P 500 Diversified Sector Weight ETF
📎 Investment Objective
The Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) seeks to provide investment results that closely correspond to the performance of the S&P 500 Diversified Sector Index.
Overview
ETF tracking Xtrackers S&P 500 Diversified Sector Weight ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) seeks to provide investment results that closely correspond to the performance of the S&P 500 Diversified Sector Index.
🎯 Investment Strategy
The fund invests in a portfolio of securities that seeks to track the S&P 500 Diversified Sector Index, which is designed to provide exposure to the S&P 500 Index with a more balanced sector allocation compared to the traditional market capitalization-weighted approach.
✨ Key Features
- Diversified exposure to the large-cap U.S. equity market
- Sector weights are rebalanced quarterly to maintain a more equal distribution across sectors
- Low expense ratio of 0.00%
- Potential for reduced concentration risk compared to a traditional S&P 500 index fund
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions or other factors
- Sector concentration risk: The fund's performance may be more volatile than a more diversified fund due to its sector-based approach
- Tracking error risk: The fund may not perfectly track the performance of its underlying index
- Liquidity risk: The fund may experience lower trading volumes or be less liquid than other ETFs
👤 Best For
The Xtrackers S&P 500 Diversified Sector Weight ETF may be suitable for long-term investors seeking broad exposure to the large-cap U.S. equity market with a more balanced sector allocation. It may be particularly appealing to investors who want to reduce concentration risk in their portfolio compared to a traditional S&P 500 index fund.