XNTK

SPDR NYSE Technology ETF

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


US

EQUITY

Rules-Based

MANAGEMENT STYLE

867.6 M

ASSETS UNDER MGMT

35 bp

EXPENSES
Fund Basics
Fund sponsorSSGA Funds Management Inc
CategoryUS
Asset classEquity
Websitelink...
Inception dateSep 25, 2000
Assets (mns)$868
Expense ratio35 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionProprietary
WeightingEqual
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
NVIDIA CORP 6.3 %
NETFLIX INC 4.2 %
TAIWAN SEMICONDUCTOR-SP ADR 4.0 %
META PLATFORMS INC 3.7 %
BROADCOM INC. 3.7 %
ORACLE CORP 3.5 %
SHOPIFY, INC. CLASS A 3.5 %
BOOKING HOLDINGS INC. 3.4 %
SERVICENOW INC 3.3 %
TESLA MOTORS INC 3.1 %
Constituent Breakdown
Number of holdings35
Herfindahl-Hirschman Index 312
Wgt avg mkt cap (mns)$607,039
Large cap (>$10bn)100.0%
Mid cap ($2-10bn)0.0%
Small cap (<$2bn)0.0%
Developed mkts.90.6%
Emerging mkts.9.4%
Country Exposure
UNITED STATES 83.4 %
CHINA 4.2 %
TAIWAN 4.0 %
CANADA 3.5 %
ARGENTINA 2.7 %
NETHERLANDS 2.1 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 25.7% 33.6% 39.4% 7.5% 21.9% 18.8% 7.9%
Volatility 23.2% 22.3% 24.1% 29.1% 30.3% 25.2% --
Market Correlations
versus...BetaR-squared
S&P 5001.3376%
MSCI EAFE1.1051%
MSCI Emg Mkts1.0546%
Liquidity Measures
Avg. volume (000)7
Turnover0.2%
Avg. Bid/Ask (% of price)0.10%
ADV of underlying (mns)$109,988
Technical Indicators
Recent close$205.58
30d moving avg.$198.79
Annualized volatility26.8%
Relative strength (RSI)51
Short interest (ETF)0.3%
Short interest (underlying)2.6%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: XNTK vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
4.4 27.1 5.2 0.9% --
Based on closing prices from 11/29/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
XNTK



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Rating

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™

XNTK

4.1%

Cat. Avg

5.3%


ALTAR Score™ Calculation

Category Overview
There are 976 funds in the US Equity category, with an average ALTAR Score™ of 5.3% and a standard deviation of 2.3%. XNTK's ALTAR Score™ is approximately 0.5 standard deviations below the category average. This places XNTK in the 31st percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

XNTK
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
US Equity ETFs
# of ETFs 609
Avg. Expense Ratio 46.6 bp
Std. Deviation 32.9 bp
XNTK (35 bp) Percentile rank 37
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
XNTK 35.0 10.4 45.4
Peer Avg. 44.7 17.0 61.6
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .