XTN
State Street SPDR S&P Transportation ETF
SPDR S&P Transportation ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the performance of the S&P Transportation Select Industry Index.
US
EQUITY
Passive
MANAGEMENT STYLE
139.4 M
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Fund sponsor | SSGA Funds Management Inc |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jan 26, 2011 |
| Assets (mns) | $139 |
| Expense ratio | 35 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| JOBY AVIATION, INC. | 3.5 % |
| HUNT (JB) TRANSPRT SVCS INC | 3.3 % |
| C.H. ROBINSON WORLDWIDE INC | 3.2 % |
| KIRBY CORP | 3.1 % |
| UNITED PARCEL SERVICE-CL B | 3.0 % |
| FEDEX CORP | 3.0 % |
| CSX CORP | 3.0 % |
| GXO LOGISTICS INC | 2.9 % |
| XPO LOGISTICS INC | 2.9 % |
| KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC | 2.9 % |
Constituent Breakdown
| Number of holdings | 41 |
| Herfindahl-Hirschman Index | 263 |
| Wgt avg mkt cap (mns) | $23,203 |
| Large cap (>$10bn) | 40.4% |
| Mid cap ($2-10bn) | 35.6% |
| Small cap (<$2bn) | 19.1% |
| Developed mkts. | 95.1% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 97.6 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.7% | 1.7% | 12.3% | 6.5% | 7.8% | 6.2% | -- | 8.4% |
| Dividend Yield | 0.6% | 0.9% | 1.0% | 0.9% | 1.0% | 1.0% | -- | 0.9% |
| Total Returns | -1.1% | 2.7% | 13.3% | 7.4% | 8.8% | 7.2% | -- | 9.4% | Ann. Volatility | 31.8% | 30.7% | 26.4% | 25.5% | 26.1% | 25.8% | -- | 24.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.73 | 71% |
| MSCI EAFE | 0.90 | 25% |
| MSCI Emg Mkts | 0.72 | 19% |
Liquidity Measures
| Avg. volume (000) | 8 |
| ADV traded (mns) | $1 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.19% |
Technical Indicators
| Recent close | $84.00 |
| 30d moving avg. | $84.43 |
| Annualized volatility | 26.5% |
| Relative strength (RSI) | 52 |
| Short interest | 2.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| IYT | iShares US Transportation ETF | 51.7% | +5 bp | +5.4% |
| SUPL | ProShares Supply Chain Logistics ETF | 34.8% | +23 bp | +10.3% |
| FTXR | First Trust Nasdaq Transportation ETF | 34.4% | +25 bp | +8.7% |
| SHPP | Pacer Industrials and Logistics ETF | 23.3% | +25 bp | +8.2% |
| JETS | U.S. Global Jets ETF | 20.4% | +25 bp | +3.4% |
| AIRL | Themes Airlines ETF | 20.0% | 0 bp | +3.2% |
| RSPN | Invesco S&P 500 Equal Weight Industrials ETF | 16.7% | +5 bp | +5.3% |
| XLI | Industrial Select Sector SPDR Fund | 14.1% | -27 bp | +4.4% |
| FXR | First Trust Industrials/Producer Durables AlphaDEX Fund | 13.5% | +26 bp | +7.2% |
| FIDU | Fidelity MSCI Industrial Index ETF | 13.2% | -27 bp | +4.5% |
Risk and Returns: XTN 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.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 | --% |
Based on closing prices from 11/7/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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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™
XTN
4.5%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 995 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.4%. XTN's ALTAR Score™ is approximately
0.5 standard deviations
below
the category average. This places XTN in the 30rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
XTNSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive US Equity ETFs |
| # of ETFs | 217 |
| Avg. Expense Ratio | 31.1 bp |
| Std. Deviation | 25.2 bp |
| XTN (35 bp) Percentile rank | 56 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| XTN | 35.0 | 19.2 | 54.2 |
| Peer Avg. | 31.1 | 10.5 | 41.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .