Skip to Content
ETFs

Technology Select Sector SPDR Fund

XLK
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 16 1998
Expense Ratio
0.10%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$989,437,675
AUM
$47,537,945,579
Associated Index
S&P Technology Select Sector Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
23.64%
MSFT
Microsoft Corporation
22.85%
NVDA
NVIDIA Corp
4.30%
AVGO
Broadcom Inc
4.28%
ADBE
Adobe Inc
2.92%
CSCO
Cisco Systems, Inc.
2.73%
CRM
Salesforce Inc
2.51%
ACN
Accenture plc - Ordinary Shares - Class A
2.49%
ORCL
Oracle Corp.
2.14%
AMD
Advanced Micro Devices Inc.
1.94%
Invest with XLK

What is XLK?

The Technology Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Technology Select Sector Index (ticker: IXT).

ETFs related toXLK

ETFs correlated to XLK include TECL, FTEC, VGT

XLK
SSgA Active Trust - Technology Select Sector SPDR ETF
TECL
Direxion Shares ETF Trust - Direxion Daily Technology Bull 3X Shares
FTEC
Fidelity Covington Trust - Fidelity MSCI Information Technology Index ETF
VGT
Vanguard Group, Inc. - Vanguard Information Technology ETF
IXN
BlackRock Institutional Trust Company N.A. - iShares Global Tech ETF
ROM
ProShares Trust - ProShares Ultra Technology 2x Shares
IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toXLK

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with XLK using Composer

FAQ

XLK is a US Equities ETF. The Technology Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Technology Select Sector Index (ticker: IXT).

XLK tracks the S&P Technology Select Sector Index.

No, XLK is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XLK is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XLK is -0.0103%. This is the percent change in the value of XLK over the most recent 1-month period. The 3-month return on XLK is -0.0128%. This is the percent change in the value of XLK over the most recent 3-month period.

The standard deviation of XLK for the past year is 0.2469%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XLK include REW, XLI, and XLY.

ETFs correlated to XLK include TECL, FTEC, and VGT.

ETFs that are inversely correlated to XLK include TECS, SQQQ, and QID.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.