Skip to Content

SPDR S&P Software & Services ETF

XSW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 28 2011
Expense Ratio
0.35%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$1,473,742
AUM
$298,142,747
Associated Index
S&P Software & Services Select Industry Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

SPLK
Splunk Inc
0.85%
ADEA
Adeia Inc
0.81%
CCCS
CCC Intelligent Solutions Holdings Inc
0.79%
JAMF
Jamf Holding Corp
0.77%
PLTK
Playtika Holding Corp
0.77%
ALRM
Alarm.com Holdings Inc
0.77%
AYX
Alteryx Inc - Ordinary Shares - Class A
0.76%
CWAN
Clearwater Analytics Holdings Inc - Ordinary Shares Class A
0.76%
TENB
Tenable Holdings Inc
0.75%
ESTC
Elastic N.V
0.75%
Invest with XSW

What is XSW?

The SPDR S&P Software & Services ETF seeks to replicate as closely as possible, before expenses, the total return performance of the S&P Software & Services Industry Index (ticker: SPSISS).

ETFs related toXSW

ETFs correlated to XSW include WCLD, SKYY, CLOU

XSW
SPDR Series Trust - SPDR S&P Software & Services ETF
WCLD
WisdomTree Trust - WisdomTree Cloud Computing Fund
SKYY
First Trust Exchange-Traded Fund III - First Trust Cloud Computing ETF
CLOU
Global X Funds - Global X Cloud Computing ETF
THNQ
Exchange Traded Concepts Trust - ROBO Global Artificial Intelligence ETF
IGV
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector ETF
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund
WEBL
Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bull 3X Shares
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF

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.

FAQ

XSW is a US Equities ETF. The SPDR S&P Software & Services ETF seeks to replicate as closely as possible, before expenses, the total return performance of the S&P Software & Services Industry Index (ticker: SPSISS).

XSW tracks the S&P Software & Services Select Industry Index.

No, XSW 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, XSW 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 XSW is -0.0169%. This is the percent change in the value of XSW over the most recent 1-month period. The 3-month return on XSW is -0.0062%. This is the percent change in the value of XSW over the most recent 3-month period.

The standard deviation of XSW for the past year is 0.278%. 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 XSW include XLI, XLY, and XLV.

ETFs correlated to XSW include WCLD, SKYY, and CLOU.

ETFs that are inversely correlated to XSW include WEBS, SARK, and HIBS.

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.