# State Street SPDR FactSet Innovative Technology ETF (XITK): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/xitk for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Equity - Strategy: Thematic · Inception: 2016-01-13 The State Street SPDR FactSet Innovative Technology ETF aims to mirror the total return performance of the FactSet Innovative Technology Index, excluding fees and operating expenses. This fund strategically invests in companies within specific sub-sectors that demonstrate significant revenue growth and are known for offering pioneering products and services. Its design provides broad exposure to innovation across the entire technology and electronic media landscape, avoiding concentration on any single, narrow trend. By utilizing an equal-weighted index methodology, the ETF endeavors to red... ## Key Facts | Metric | Value | |---|---| | Price | $195.90 | | Expense Ratio | 0.45% | | Assets Under Management | $66.2M | | NAV | $194.83 | | Holdings Count | 94 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Quarterly | | 52-Week Range | $141.05 – $211.23 | | Beta | 1.67 | ## Latest Distribution - Amount: $0.0954 /share - Ex-date: 2023-12-18 - Pay date: 2023-12-21 ## Frequently Asked Questions ### What does XITK invest in? The State Street SPDR FactSet Innovative Technology ETF aims to mirror the total return performance of the FactSet Innovative Technology Index, excluding fees and operating expenses. This fund strategically invests in companies within specific sub-sectors that demonstrate significant revenue growth and are known for offering pioneering products and services. Its design provides broad exposure to innovation across the entire technology and electronic media landscape, avoiding concentration on any single, narrow trend. By utilizing an equal-weighted index methodology, the ETF endeavors to reduce individual stock risk while still focusing on the most forward-thinking areas of technology. ### What is the expense ratio of XITK? State Street SPDR FactSet Innovative Technology ETF (XITK) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is XITK? State Street SPDR FactSet Innovative Technology ETF (XITK) manages $66.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is XITK actively managed or an index fund? XITK's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was XITK launched? State Street SPDR FactSet Innovative Technology ETF (XITK) launched in January 2016 and is managed by SPDR. ### How has XITK performed? XITK's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does XITK pay a dividend? State Street SPDR FactSet Innovative Technology ETF (XITK) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does XITK pay dividends? State Street SPDR FactSet Innovative Technology ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is XITK's dividend yield? XITK's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is XITK's next ex-dividend date? The most recently announced ex-dividend date for XITK was 2023-12-18. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will XITK's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.45% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does XITK charge its expense ratio? The expense ratio is deducted in tiny daily slices from XITK's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does XITK cost more than a fund like VOO? XITK's strategy (current expense ratio 0.45%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where XITK sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to XITK? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as XITK (0.45%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/xitk - Distribution history: https://www.dividenddata.com/funds/xitk/dividend - Holdings & diversification: https://www.dividenddata.com/funds/xitk/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/xitk/expenses - Peer comparison: https://www.dividenddata.com/funds/xitk/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.