Summary: SPDR NYSE Technology ETF (XNTK) offers broad exposure to the Technology sector with top holdings like Nvidia and Micron Technology.

From NASDAQ: 2024-06-03 06:20:08

The SPDR NYSE Technology ETF (XNTK) was launched in 2000 to provide broad exposure to the Technology – Broad sector. Passively managed ETFs are popular due to low costs and transparency. XNTK has assets over $783.43 million and seeks to match the NYSE Technology Index’s performance. Top holdings include Nvidia Corp and Micron Technology.

Investors should consider XNTK’s 0.35% expense ratio and 0.33% dividend yield. The ETF has gained 10.96% and has a beta of 1.24 for the past year. XNTK holds a Zacks ETF Rank of 1 (Strong Buy) and competes with XLK and VGT in the market. XLK has $65.26 billion in assets, while VGT has $67.58 billion.

Sector exposure includes Information Technology with 67.30% allocation. XNTK’s top 10 holdings account for 36.12% of assets under management. As a transparent fund, XNTK offers insights into its 37 holdings. The ETF has a standard deviation of 28.01% and trades between $129.70 and $187.87.

For more information on XNTK and other ETFs, visit the Zacks ETF Center for key info and latest updates in the ETF investing universe. Zacks’ free Fund Newsletter provides weekly insights on top-performing ETFs. Get the latest recommendations from Zacks Investment Research for the next 30 days. Download the free report on XNTK for ETF research reports.



Read more at NASDAQ: Should You Invest in the SPDR NYSE Technology ETF (XNTK)?