XNTK

State Street SPDR NYSE Technology ETF

$274.37
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The SPDR NYSE Technology ETF (XNTK) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the NYSE Technology Index.

Overview

ETF tracking State Street SPDR NYSE Technology ETF

Category Technology
Issuer State Street
Inception Date 2008-11-07
Market Cap $1.4B
Average Volume N/A
Dividend Yield 0.24%
52-Week Range $164.46 - $294.46
VWAP $274.78

Performance

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Investment Summary

📎 Investment Objective

The SPDR NYSE Technology ETF (XNTK) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the NYSE Technology Index.

🎯 Investment Strategy

The fund employs a passive management approach, attempting to track the performance of the underlying index by investing in a representative sample of the securities included in the index. The index is designed to measure the performance of U.S. companies in the technology sector.

✨ Key Features

  • Broad exposure to the U.S. technology sector
  • Passively managed to track the NYSE Technology Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad technology sector exposure

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the technology sector
  • Market risk as the value of the fund's shares will fluctuate with changes in the broader market
  • Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
  • Liquidity risk as the fund may have difficulty trading certain securities at an advantageous time or price

👤 Best For

The SPDR NYSE Technology ETF may be suitable for investors seeking broad exposure to the U.S. technology sector as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance and a long-term investment horizon.