XITKState Street SPDR FactSet Innovative Technology ETF

Grow my money10y track recordRanked #1,669 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the total return performance of the FactSet Innovative Technology Index.

By State Street Investment Management · Launched 2016

Annual Cost

0.45%

#2,223 of 5,562 · average

Fund Size

$70M

#3,263 of 5,562 · mid-size

Return (1Y)Goal

+5.4%

Track Record

10 years

#1,387 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,210+2.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Sector

Information technology

Focus

General Innovation

Index tracked

FactSet Innovative Technology Index

What it actually holds

By weight

Concentration

Top 10 holdings = 19.9% of fund✓ well diversified

State Street Global Advisors

9.8%

Impinj Inc

1.2%

Clearwater Analytics Holdings Inc

1.1%

Snap Inc

1.1%

AXT Inc

1.1%

Zeta Global Holdings Corp

1.1%

Klaviyo Inc

1.1%

Applied Optoelectronics Inc

1.1%

Nutanix Inc

1.1%

Weave Communications Inc

1.1%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

82.4%

Communication

10.4%

Healthcare

3.1%

Industrials

1.6%

Financial Services

1.3%

Consumer Cyclical

0.8%

Real Estate

0.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

27.8%High

Year-on-year price swings

Max drawdown

-65.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.49Below average

Sortino (3Y)

0.70Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond generally to the total return performance of the FactSet Innovative Technology Index.
Strategy: Employs a sampling strategy to track the FactSet Innovative Technology Index, investing at least 80% of assets in securities comprising the Index. The Fund may also invest in equity securities not included in the Index and may use futures contracts. The Index represents U.S.-listed stocks of Technology and Electronic Media companies with high revenue growth, ensuring equal weighting among constituents and a maximum of 100 securities.
Inception date: January 13, 2016
Fund family: State Street Investment Management