XNTKSPDR S&P NYSE Technology ETF
XNTK Fund Description
XNTK tracks an equal-weighted index of 35 US-listed technology-related stocks.
XNTK Factset Analytics Insight
XNTK has a broader take on the technology space by extending its exposure to tech-related firms in the consumer discretionary sector. The fund follows a proprietary selection scheme—which comes with market-cap, liquidity, revenue- and sales-based screeners—and then equal-weights its holdings. The result is a concentrated portfolio of 35 large- and midcap tech and tech-related firms. XNTK tilts smaller, since its equal-weighting scheme reduces the influence of industry giants. The fund is not the right ETF for frequent traders but may suffice for longer-term investors. The index is reviewed and rebalanced annually. Note: Prior to Sept. 11, 2017, the fund was known as the SPDR Morgan Stanley Technology ETF, traded under the ticker MTK and tracked the Morgan Stanley Technology Index. The change in index provide no material change to exposure.
XNTK MSCI ESG Analytics Insight
SPDR S&P NYSE Technology ETF has an MSCI ESG Fund Rating of A based on a score of 6.28 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR S&P NYSE Technology ETF ranks in the 49th percentile within its peer group and in the 56th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
XNTK MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
XNTK Summary Data
XNTK Portfolio Data
XNTK Index Data
XNTK Portfolio Management
XNTK Tax Exposures
XNTK Fund Structure
XNTK Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XNTK. XNTK is rated a 5 out of 5.
XNTK Sector/Industry Breakdown
XNTK Top 10 Holdings[View All]
XNTK Economic Development
XNTK Performance Statistics
XNTK MSCI ESG Ratings
XNTK Benchmark Comparison Summary
XNTK Benchmark Comparison Market Cap Size