SPDR S&P Semiconductor ETF XSD offers broad exposure to technology sector with good growth.
From Nasdaq: 2024-07-05 14:01:03
The SPDR S&P Semiconductor ETF (XSD) launched in 2006, offering broad exposure to the Technology ETFs sector. Smart beta ETFs aim to beat the market through non-cap weighted strategies based on fundamental characteristics. XSD seeks to match the performance of the S&P Semiconductor Select Industry Index.
With an expense ratio of 0.35%, XSD has a 12-month dividend yield of 0.22%. It has heaviest allocation in the Information Technology sector. Top holdings include First Solar Inc, Micron Technology Inc, and Nvidia Corp. Performance has shown growth, with a 13.08% increase this year.
Investors can also consider alternatives like iShares Semiconductor ETF (SOXX) and VanEck Semiconductor ETF (SMH). Cheaper traditional market cap weighted ETFs are available. XSD is a high-risk choice with a beta of 1.39 and standard deviation of 35.41%. Top 10 holdings account for 35.23% of total assets under management.
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Read more at Nasdaq: Is SPDR S&P Semiconductor ETF (XSD) a Strong ETF Right Now?