Should You Invest in the SPDR S&P Software & Services ETF (XSW)?
From Nasdaq:
If you’re interested in broad exposure to the Technology – Software segment of the equity market, consider the SPDR S&P Software & Services ETF (XSW). This passively managed ETF is low cost, transparent, and flexible, making it an excellent choice for long-term investors.
The SPDR S&P Software & Services ETF is sponsored by State Street Global Advisors and boasts assets over $350.70 million, ranking it in the top 25%. It seeks to match the performance of the S&P Software & Services Select Industry Index before fees and expenses.
This ETF has a 12-month trailing dividend yield of 0.14%, with 96.6% of its portfolio allocated to the Information Technology sector. The top 10 holdings account for about 10.35% of total assets under management.
Year-to-date, XSW has lost about -3.20%, but saw a 26.74% increase in the last year. It has a high risk rating compared to other funds, but effectively diversifies company-specific risk.
The SPDR S&P Software & Services ETF holds a Zacks ETF Rank of 1 (Strong Buy) and is a great option for investors seeking exposure to the Technology ETFs segment of the market. Other potential ETFs in the space include Invesco AI and Next Gen Software ETF and iShares Expanded Tech-Software Sector ETF.
For more information, visit [Zacks ETF Center](https://www.zacks.com/funds/etfs/).
[Original Article](https://www.zacks.com/stock/news/2211197/should-you-invest-in-the-spdr-s-p-software-services-etf-xsw?cid=CS-NASDAQ-FT-sector_etf-2211197)
Read more: Should You Invest in the SPDR S&P Software & Services ETF (XSW)?