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Centralized Systematic Valuation Aggregated Cash Flow (ACF Files)

This information provided is calculated by Bloomberg Finance L.P., a third party not affiliated with SSGA. Neither SSGA nor its affiliates assume any liability for or guarantee the timeliness, accuracy and completeness of the information provided. The information provided is as of the date indicated and is subject to change.

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SPDR® FactSet Innovative Technology ETF XITK

Important Risk Disclosure

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$122.29

as of Jan 23 2020

Base Currency

USD

Assets Under Management

$70.93 M

as of Jan 23 2020

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.45%

Quick Links

Key Features

Key Features

  • The SPDR® FactSet Innovative Technology ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index (the "Index")
  • Seeks to obtain exposure to companies within sub-sectors with robust revenue growth that may provide leading-edge products and services
  • May offer a way to capture innovation throughout the tech sector and electronic media sub-sector, and not just within one particular trend
  • As a result of equal weighted index methodology, may reduce stock-specific risk when attempting to overweight the more innovative areas of technology

About this Benchmark

About this Benchmark

The FactSet Innovative Technology Index (the "Index") is designed to represent the performance of U.S.-listed stock and American Depository Receipts ("ADRs") of Technology companies and Technology-related companies (including Electronic Media companies) within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. ("FactSet" or the "Index Provider"). The Index Provider considers the most innovative segments of the Technology sector and Electronic Media sub-sector to be those with the highest revenue growth and believes that these companies are often involved in cutting edge research, innovative product and service development, disruptive business models, or a combination of these activities. In addition to traditional Technology companies, Electronic Media companies are included in the Index because of their core focus on technology and the integral role technology plays in determining how such companies operate, innovate and compete within their industry.

Fund Information as of Jan 23 2020

Fund Information as of Jan 23 2020
Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

 Base Currency Investment Manager Management Team
FactSet Innovative Technology Index Jan 13 2016 No 0.45% USD SSGA Funds Management, Inc. Global Equity Beta Solutions
Benchmark FactSet Innovative Technology Index
Inception Date Jan 13 2016
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

 0.45%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor Distribution Frequency
State Street Global Advisors Funds Distributors, LLC Quarterly
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Jan 23 2020

Listing Information as of Jan 23 2020
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Jan 14 2016 USD XITK 78464A110 US78464A1108
Exchange NYSE ARCA EXCHANGE
Listing Date Jan 14 2016
Trading Currency USD
Ticker XITK
CUSIP 78464A110
ISIN US78464A1108

Fund Characteristics as of Jan 23 2020

Fund Characteristics as of Jan 23 2020
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

 Number of Holdings Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

 Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

 Weighted Average Market Cap
26.34% 99 5.00 36.90 $45,264.80 M
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

 26.34%
Number of Holdings 99
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

 5.00
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

 36.90
Weighted Average Market Cap $45,264.80 M

Index Characteristics as of Jan 23 2020

Index Characteristics as of Jan 23 2020
Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
26.34% 99 26.82 38.79 36.90
Est. 3-5 Year EPS Growth 26.34%
Number of Holdings 99
Price/Cash Flow 26.82
Price/Earnings 38.79
Price/Earnings Ratio FY1 36.90

Index Statistics as of Jan 23 2020

Index Statistics as of Jan 23 2020

Average Size
Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$45,245.53 M $43,886.15 M $5,541.94 M $1,418,414.30 M $422.77 M
Weighted Average Market Cap $45,245.53 M
Average Size
Mean $43,886.15 M
Median $5,541.94 M
Size Range
Largest $1,418,414.30 M
Smallest $422.77 M

Yields as of Jan 23 2020

Yields as of Jan 23 2020
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

 Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

 Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.
-0.23% 0.13% 0.10%
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

 -0.23%
Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

 0.13%
Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

 0.10%

Fund Market Price as of Jan 23 2020

Fund Market Price as of Jan 23 2020
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.

 Closing Price

Closing Price

Market Price of last reported trade on the exchange.

 Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

 Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)
$122.34 $122.38 $122.55 $121.87 5,795 0.04%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.

 $122.34
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

 $122.38
Day High $122.55
Day Low $121.87
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

 5,795
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

 0.04%

Premium Discount to Nav

Quarter
    x axis: # of days
    y axis: # Premium/Discount percentage
    Fund Data

    The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

    Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

    Fund Net Cash Amount as of Jan 23 2020

    Fund Net Cash Amount as of Jan 23 2020
    Net Cash Amount
    -$14,924.43
    Net Cash Amount -$14,924.43

    Fund Net Asset Value as of Jan 23 2020

    Fund Net Asset Value as of Jan 23 2020
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    		 Shares Outstanding Assets Under Management
    $122.29 580,000.00 $70.93 M
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    		 $122.29
    Shares Outstanding 580,000.00
    Assets Under Management $70.93 M
    Most Recent NAV / NAV History

    Fund Performance
    View as

    Fund Performance

    • Fund Inception Date: Jan 13 2016
    Performance
    Month End Quarter End
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Jan 13 2016
    Fund Before Tax
    NAV Dec 31 2019 0.14% 13.78% 36.93% 36.93% 26.19% - - 24.53%
    Market Value Dec 31 2019 0.18% 13.78% 37.02% 37.02% 26.17% - - 24.52%
    FactSet Innovative Technology Index Dec 31 2019 0.21% 13.96% 37.71% 37.71% 26.71% - - 25.07%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2019 0.08% 13.71% 36.85% 36.85% 25.72% - - 23.94%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2019 0.08% 8.16% 21.86% 21.86% 20.73% - - 19.62%
    FactSet Innovative Technology Index Dec 31 2019 0.21% 13.96% 37.71% 37.71% 26.71% - - 25.07%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Jan 13 2016
    Fund Before Tax
    NAV Dec 31 2019 0.14% 13.78% 36.93% 36.93% 26.19% - - 24.53%
    Market Value Dec 31 2019 0.18% 13.78% 37.02% 37.02% 26.17% - - 24.52%
    FactSet Innovative Technology Index Dec 31 2019 0.21% 13.96% 37.71% 37.71% 26.71% - - 25.07%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2019 0.08% 13.71% 36.85% 36.85% 25.72% - - 23.94%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2019 0.08% 8.16% 21.86% 21.86% 20.73% - - 19.62%
    FactSet Innovative Technology Index Dec 31 2019 0.21% 13.96% 37.71% 37.71% 26.71% - - 25.07%

    as of Dec 31 2019

    as of Dec 31 2019

    Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

    The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

    Gross Expense Ratio: 0.45%

    Top Holdings

    Subject to change.

    Top Holdings

    Subject to change.

    Fund Top Holdingsas of Jan 23 2020
    Index Top Holdingsas of Jan 23 2020

    Fund Top Holdings as of Jan 23 2020

    Name Shares Held Weight
    Alteryx Inc. Class A 6,807 1.28%
    Plantronics Inc. 27,114 1.23%
    Pinterest Inc. Class A 37,286 1.19%
    Zscaler Inc. 14,154 1.18%
    Snap Inc. Class A 43,110 1.17%
    Bilibili Inc. Sponsored ADR Class Z 36,343 1.15%
    Advanced Micro Devices Inc. 15,811 1.15%
    Cohu Inc. 31,861 1.15%
    CrowdStrike Holdings Inc. Class A 13,169 1.14%
    Twilio Inc. Class A 6,645 1.13%
    Download All Holdings: Daily

    Index Top Holdings as of Jan 23 2020

    Name Weight
    Alteryx Inc. Class A 1.28%
    Plantronics Inc. 1.23%
    Pinterest Inc. Class A 1.19%
    Zscaler Inc. 1.18%
    Snap Inc. Class A 1.17%
    Bilibili Inc. Sponsored ADR Class Z 1.15%
    Advanced Micro Devices Inc. 1.15%
    Cohu Inc. 1.15%
    CrowdStrike Holdings Inc. Class A 1.14%
    Twilio Inc. Class A 1.13%

    Sub-Industry Allocation

    Sub-Industry Allocation

    Fund Sub-Industry Allocation as of Jan 23 2020

    Sector Weight
    Enterprise Management Software 18.44%
    Web-Based Data And Services 18.29%
    It Infrastructure Software 15.16%
    Consumer Data And Services 8.40%
    Games Software 5.22%
    Home And Office Software 3.77%
    Specialized Semiconductors 3.22%
    Design And Engineering Software 3.19%
    Internet Hosting Services 3.17%
    Semiconductor Manufacturing Capital Equipment 2.20%
    Other Real Estate Investment And Services 2.08%
    Entertainment And Programming Providers 1.95%
    Healthcare Administrative Support Services 1.88%
    Administrative Services 1.81%
    Business Communications Equipment 1.23%
    Module And Subassembly Components 1.11%
    Wide Area Networking Equipment 1.09%
    Data Storage Hardware 1.07%
    Wireless Mobile Equipment 1.06%
    Finance Software And Services 1.01%
    Retail Industry Software 0.98%
    Passive Electronic Components 0.93%
    Wearable Technology 0.93%
    Telecommunications Industry Software 0.90%
    Internet Support Services 0.89%

    Index Sub-Industry Allocation as of Jan 23 2020

    Sector Weight
    Enterprise Management Software 18.44%
    Web-Based Data And Services 18.29%
    It Infrastructure Software 15.16%
    Consumer Data And Services 8.40%
    Games Software 5.22%
    Home And Office Software 3.77%
    Specialized Semiconductors 3.23%
    Design And Engineering Software 3.19%
    Internet Hosting Services 3.17%
    Semiconductor Manufacturing Capital Equipment 2.20%
    Other Real Estate Investment And Services 2.08%
    Entertainment And Programming Providers 1.95%
    Healthcare Administrative Support Services 1.88%
    Administrative Services 1.81%
    Business Communications Equipment 1.23%
    Module And Subassembly Components 1.11%
    Wide Area Networking Equipment 1.09%
    Data Storage Hardware 1.07%
    Wireless Mobile Equipment 1.06%
    Finance Software And Services 1.01%
    Retail Industry Software 0.98%
    Passive Electronic Components 0.93%
    Wearable Technology 0.93%
    Telecommunications Industry Software 0.90%
    Internet Support Services 0.89%

    Fund Documents

    Fund Documents

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    SAI

    Tax Documents

    Tax Documents

    Information & Schedules

    Information & Schedules

    Insights & Investment Ideas

    Insights & Investment Ideas

    Education

    Education

    Purchase Information

    Purchase Information

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    Fund Footnotes

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