Key stats
About SPDR FactSet Innovative Technology ETF
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Inception date
Jan 13, 2016
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
XITK invests in US-listed technology and electronic media companies deemed innovative or disruptive by FactSet. Specifically, companies selected are required to derive at least 50% of their revenue from information technology services, hardware and software manufacturing, electronic components manufacturing, manufacturing equipment and services, and electronic media. Alongside the fund's sector qualification, the companies selected must exhibit innovation. To be considered innovative, the companies must belong to technology industries exhibiting top quartile revenue growth over 1-year and 3-year periods. Constituents are given equal weight within the fund. The index is reconstituted annually in December.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Stocks100.00%
Technology Services81.77%
Electronic Technology8.34%
Producer Manufacturing4.11%
Commercial Services3.16%
Consumer Durables1.01%
Retail Trade0.89%
Consumer Services0.72%
Bonds, Cash & Other0.00%
Mutual fund0.00%
Stock breakdown by region
North America89.84%
Middle East4.27%
Europe3.19%
Asia2.69%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history