XSW

State Street SPDR S&P Software & Services ETF

$185.00
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The SPDR S&P Software & Services ETF (XSW) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Software & Services Select Industry Index.

Overview

ETF tracking State Street SPDR S&P Software & Services ETF

Category Technology
Issuer State Street
Inception Date 2011-09-29
Market Cap $447.7M
Average Volume N/A
Dividend Yield 0.06%
52-Week Range $141.65 - $205.24
VWAP $185.20

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SPDR S&P Software & Services ETF (XSW) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Software & Services Select Industry Index.

🎯 Investment Strategy

The fund employs a passive management strategy, investing in a representative sample of the securities included in the underlying index. The index tracks the performance of U.S. software and services companies across various sub-industries.

✨ Key Features

  • Provides exposure to the software and services sector of the U.S. equity market
  • Passively managed to track the performance of the underlying index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector
  • Potential for higher volatility compared to the broader market
  • Liquidity risk due to the fund's small asset size
  • Tracking error risk as the fund may not perfectly replicate the index performance

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to the software and services industry as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance and a long-term investment horizon.