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SPDR® NYSE Technology ETF XNTK

NAV
$119.39
as of Mar 30 2023
Base Currency
USD
Assets Under Management
$439.34 M
as of Mar 30 2023
Gross Expense Ratio
0.35%

Key Features


  • 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 (the “Index”)
  • The NYSE Technology Index is composed of 35 leading US-listed technology-related companies.
  • The Index is equal-weighted at its annual rebalance
  • The index comprises stocks in the Information Technology sector and  technology-related stocks in the Consumer Discretionary sector


About this Benchmark


The NYSE Technology Index composed of 35 leading U.S.-listed technology-related companies. The investible universe of the Index comprises all stocks in the Information Technology sector and technology-related stocks in the Consumer Discretionary sector, as defined by the Index Provider (as defined below) that are listed on major U.S. stock exchanges and meet the following criteria as of the index rebalance reference date: (i) issued by a company with a minimum market capitalization of $2 billion and (ii) have a trailing 3-month average daily traded value of $10 million. Stocks must also meet at least one of the following three revenue- and sales-based criteria: (i) have an increase in sales over the last twelve months, (ii) have only one consecutive quarter of negative sales growth over the last two years, or (iii) have revenue totals from the last four quarters that classify it within the top 75 companies within the specific industry classification designated to it by the Index Provider. Eligible stocks are then ranked based on market capitalization and liquidity, and the top 35 stocks are selected for inclusion in the Index. At least 75% of the companies included in the Index must be headquartered in the United States. The Index is equal-weighted and rebalanced annually after the close of trading on the third Friday of December.


Fund Information as of Mar 31 2023

Benchmark NYSE Technology Index
Inception Date Sep 25 2000
Options Available No
Gross Expense Ratio
0.35%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Mar 31 2023

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Sep 29 2000 USD XNTK 78464A102 US78464A1025

Fund Characteristics as of Mar 30 2023

Est. 3-5 Year EPS Growth
20.13%
Number of Holdings 35
Price/Book Ratio
5.31
Price/Earnings Ratio FY1
24.39
Weighted Average Market Cap $377,754.44 M

Index Characteristics as of Mar 30 2023

Est. 3-5 Year EPS Growth 20.14%
Number of Holdings 35
Price/Cash Flow 18.08
Price/Earnings 30.66
Price/Earnings Ratio FY1 24.49

Index Statistics as of Mar 30 2023

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$378,507.94 M $370,246.00 M $150,718.78 M $2,572,173.30 M $45,687.94 M

Yields as of Mar 29 2023

30 Day SEC Yield
0.50%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
0.70%
Index Dividend Yield
0.87%

Fund Market Price as of Mar 30 2023

Bid/Ask
$119.39
Closing Price
$119.36
Day High $119.36
Day Low $118.68
Exchange Volume (Shares)
738
Premium/Discount
0.00%
30-Day Median Bid/Ask Spread
0.09%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2022
Days Traded at Premium
123
Days Traded at Discount
128

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

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 Mar 30 2023

Net Cash Amount $83,136.55

Fund Net Asset Value as of Mar 30 2023

NAV
$119.39
Shares Outstanding 3.68 M
Assets Under Management $439.34 M

Fund Performance

  • Fund Inception Date: Sep 25 2000

as of Feb 28 2023

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 25 2000
Fund Before Tax
NAV Feb 28 2023 -1.58% 14.58% 14.58% -19.41% 11.41% 9.71% 15.74% 5.45%
Market Value Feb 28 2023 -1.58% 14.58% 14.58% -19.42% 11.35% 9.69% 15.74% 5.45%
Benchmark
Feb 28 2023 -1.56% 14.67% 14.67% -19.12% 11.83% 10.32% 16.28% 5.92%
Fund After Tax
Return after Taxes on Distributions Feb 28 2023 -1.58% 14.58% 14.58% -19.56% 11.27% 8.24% 14.81% 5.05%
Return after Taxes on Distributions and Sale of Fund Shares Feb 28 2023 -0.93% 8.63% 8.63% -11.39% 8.91% 7.10% 12.99% 4.41%
Benchmark
Feb 28 2023 -1.56% 14.67% 14.67% -19.12% 11.83% 10.32% 16.28% 5.92%

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 25 2000
Fund Before Tax
NAV Dec 31 2022 -9.37% 3.29% -41.03% -41.03% 6.41% 8.93% 14.78% 4.85%
Market Value Dec 31 2022 -9.38% 3.24% -41.04% -41.04% 6.41% 8.92% 14.78% 4.85%
Benchmark
Dec 31 2022 -9.37% 3.40% -40.85% -40.85% 6.80% 9.54% 15.31% 5.31%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -9.42% 3.23% -41.14% -41.14% 6.27% 7.47% 13.86% 4.45%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -5.51% 1.99% -24.20% -24.20% 4.97% 6.55% 12.18% 3.89%
Benchmark
Dec 31 2022 -9.37% 3.40% -40.85% -40.85% 6.80% 9.54% 15.31% 5.31%

Past performance is not a reliable indicator of future performance. 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.  All results are historical and assume the reinvestment of dividends and capital gains. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

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: 0.35%


Top Holdings

as of Mar 30 2023
as of Mar 30 2023

Fund Top Holdings as of Mar 30 2023

Name Shares Held Weight
Meta Platforms Inc. Class A 93,124 4.41%
NVIDIA Corporation 63,353 3.95%
Salesforce Inc. 82,387 3.69%
Advanced Micro Devices Inc. 157,505 3.51%
Airbnb Inc. Class A 114,014 3.17%
Booking Holdings Inc. 5,338 3.17%
Palo Alto Networks Inc. 67,934 2.99%
Shopify Inc. Class A 280,564 2.97%
Lam Research Corporation 23,993 2.90%
Uber Technologies Inc. 406,541 2.89%
Download All Holdings: Daily

Index Top Holdings as of Mar 30 2023

Name Weight
Meta Platforms Inc. Class A 4.41%
NVIDIA Corporation 3.96%
Salesforce Inc. 3.68%
Advanced Micro Devices Inc. 3.51%
Booking Holdings Inc. 3.17%
Airbnb Inc. Class A 3.17%
Palo Alto Networks Inc. 2.99%
Shopify Inc. Class A 2.98%
Lam Research Corporation 2.90%
Uber Technologies Inc. 2.89%

Sub-Industry Allocation

as of Mar 30 2023
as of Mar 30 2023

Fund Sub-Industry Allocation as of Mar 30 2023

Sector Weight
Semiconductors 26.79%
Systems Software 11.41%
Application Software 9.27%
Semiconductor Materials & Equipment 8.51%
Interactive Media & Services 7.10%
Hotels Resorts & Cruise Lines 6.37%
Internet Services & Infrastructure 5.41%
Broadline Retail 4.92%
Internet & Direct Marketing Retail 4.42%
Passenger Ground Transportation 2.90%
Technology Hardware, Storage & Peripherals 2.82%
Automobile Manufacturers 2.69%
Communications Equipment 2.61%
Movies & Entertainment 2.61%
IT Consulting & Other Services 2.16%

Index Sub-Industry Allocation as of Mar 30 2023

Sector Weight
Semiconductors 26.81%
Systems Software 11.37%
Broadline Retail 9.56%
Application Software 9.23%
Semiconductor Materials & Equipment 8.48%
Interactive Media & Services 7.08%
Hotels Resorts & Cruise Lines 6.35%
Internet Services & Infrastructure 5.39%
Passenger Ground Transportation 2.89%
Technology Hardware, Storage & Peripherals 2.81%
Automobile Manufacturers 2.68%
Communications Equipment 2.61%
Movies & Entertainment 2.60%
IT Consulting & Other Services 2.16%

Geographical Breakdown


Purchase Information


Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Unless Otherwise noted all information contained herein is that of the SPDR NYSE Technology ETF.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.