State Street Technology Select Sector SPDR ETF

Frequently Asked Questions About XLK

What does XLK invest in?

The Select Sector SPDR Trust - State Street Technology Select Sector SPDR ETF is an exchange traded fund launched by State Street Global Advisors, Inc. It is managed by SSGA Funds Management, Inc. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across information technology sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Technology Select Sector Index, by using full replication technique. The Select Sector SPDR Trust - State Street Technology Select Sector SPDR ETF was formed on December 16, 1998 and is domiciled in the United States.

What is the expense ratio of XLK?

State Street Technology Select Sector SPDR ETF (XLK) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XLK?

State Street Technology Select Sector SPDR ETF (XLK) manages $120.13B 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 XLK actively managed or an index fund?

XLK is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (XLK's is 0.08%) because there's no security selection cost.

When was XLK launched?

State Street Technology Select Sector SPDR ETF (XLK) launched in December 1998 and is managed by SPDR.

How has XLK performed?

XLK'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.