From Nasdaq, Inc.:

The SPDR S&P Software & Services ETF (XSW) launched on 09/28/2011, designed to offer broad exposure to the Technology ETFs, focusing on non-cap weighted strategies or smart beta. Representing 96.70% of the portfolio, the fund has the heaviest allocation to the Information Technology sector. Expense ratios are at 0.35%, one of the least expensive products in the space. The top 10 holdings account for about 10.35% of total assets under management. The ETF has lost-0.46% and was up about 18.83% so far this year and in the past one year (as of 02/02/2024). With about 146 holdings, it effectively diversifies company-specific risk.

The S&P Software & Services Select Industry Index, representing the software sub-industry portion of the S&P Total Stock Market Index, has a 12-month trailing dividend yield of 0.14%. Individual holdings, Cleanspark Inc (CLSK) accounts for about 1.60% of total assets, followed by MicroStrategy Inc Cl A (MSTR) and Marathon Digital Holdings In (MARA).

SPDR S&P Software & Services ETF offers investors exposure to the Technology ETFs segment of the market. It has traded between $112.80 and $153.79 during the last 52-week period. S&P Software & Services ETF returns are -0.46% and 18.83% so far this year and in the past one year (as of 02/02/2024) respectively.

SPDR S&P Software & Services ETF (XSW) is an excellent option for investors seeking to outperform the Technology ETFs segment of the market. There are other ETFs in the space to consider as well. To learn more about this product and other ETFs, visit Zacks ETF Center. Those looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs in the Technology ETFs.

Invesco AI and Next Gen Software ETF (IGPT) tracks STOXX WORLD AC NEXGEN SOFTWARE DEV ID, and the iShares Expanded Tech-Software Sector ETF (IGV) has a sector weight of 96.70%. IGPT has an expense ratio of 0.60% and IGV charges 0.41%. Other ETFs could be cheaper than XSW.

Detailed news and data can be found on Zacks Investment Research. The views and opinions expressed are those of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more: Is SPDR S&P Software & Services ETF (XSW) a Strong ETF Right Now?