US Tech - which is it?2 counts here: the blue count suggests a top is in the correction could have much further to go. The red count on the other hand suggests that this may be a wave 4 correction and despite all the doom and gloom we could see another leg up to complete wave 5. Place your bets folks....
Key stats
About SPDR NYSE Technology ETF
Home page
Inception date
Sep 25, 2000
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
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.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region
Top 10 holdings
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XNTK trades at 215.97 USD today, its price has fallen −0.46% in the past 24 hours. Track more dynamics on XNTK price chart.
XNTK net asset value is 216.45 today — it's risen 10.33% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XNTK assets under management is 1.03 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XNTK price has risen by 10.40% over the last month, and its yearly performance shows a 16.91% increase. See more dynamics on XNTK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.33% over the last month, showed a 4.74% increase in three-month performance and has increased by 15.52% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 10.33% over the last month, showed a 4.74% increase in three-month performance and has increased by 15.52% in a year.
XNTK fund flows account for 78.31 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XNTK invests in stocks. See more details in our Analysis section.
XNTK expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XNTK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XNTK technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XNTK shows the strong buy signal. See more of XNTK technicals for a more comprehensive analysis.
Today, XNTK technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XNTK shows the strong buy signal. See more of XNTK technicals for a more comprehensive analysis.
Yes, XNTK pays dividends to its holders with the dividend yield of 0.36%.
XNTK trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XNTK shares are issued by State Street Corp.
XNTK follows the NYSE Technology Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 25, 2000.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.