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Should You Invest in the State Street SPDR NYSE Technology ETF (XNTK)?
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Designed to provide broad exposure to the Technology - Broad segment of the equity market, the State Street SPDR NYSE Technology ETF (XNTK - Free Report) is a passively managed exchange traded fund launched on September 25, 2000.
Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.
Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 3, placing it in top 19%.
Index Details
The fund is sponsored by State Street Investment Management. It has amassed assets over $1.77 billion, making it one of the larger ETFs attempting to match the performance of the Technology - Broad segment of the equity market. XNTK seeks to match the performance of the NYSE Technology Index before fees and expenses.
The NYSE Technology Index is composed of 35 leading U.S.-listed technology-related companies.
Costs
Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same.
Annual operating expenses for this ETF are 0.35%, making it one of the least expensive products in the space.
It has a 12-month trailing dividend yield of 0.16%.
Sector Exposure and Top Holdings
Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation in the Information Technology sector -- about 82.1% of the portfolio. Telecom and Consumer Discretionary round out the top three.
Looking at individual holdings, Micron Technology Inc (MU) accounts for about 9.16% of total assets, followed by Marvell Technology Inc (MRVL) and Advanced Micro Devices (AMD).
The top 10 holdings account for about 51.03% of total assets under management.
Performance and Risk
The ETF has gained about 20.03% and was up about 15.21% so far this year and in the past one year (as of 11/02/2026), respectively. XNTK has traded between $244.17 and $392.56 during this last 52-week period.
The ETF has a beta of 1.45 and standard deviation of 27.19% for the trailing three-year period. With about 37 holdings, it has more concentrated exposure than peers.
Alternatives
State Street SPDR NYSE Technology ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, XNTK is an excellent option for investors seeking exposure to the Technology ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.
State Street Technology Select Sector SPDR ETF (XLK) tracks Technology Select Sector Index and the Vanguard Information Technology Index Fund ETF Shares (VGT) tracks MSCI US Investable Market Information Technology 25/50 Index. State Street Technology Select Sector SPDR ETF has $117.83 billion in assets, Vanguard Information Technology Index Fund ETF Shares has $143.14 billion. XLK has an expense ratio of 0.08%, and VGT charges 0.09%.
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
View the Zacks #1 Rank List
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Should You Invest in the State Street SPDR NYSE Technology ETF (XNTK)?
Designed to provide broad exposure to the Technology - Broad segment of the equity market, the State Street SPDR NYSE Technology ETF (XNTK - Free Report) is a passively managed exchange traded fund launched on September 25, 2000.
Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.
Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 3, placing it in top 19%.
Index Details
The fund is sponsored by State Street Investment Management. It has amassed assets over $1.77 billion, making it one of the larger ETFs attempting to match the performance of the Technology - Broad segment of the equity market. XNTK seeks to match the performance of the NYSE Technology Index before fees and expenses.
The NYSE Technology Index is composed of 35 leading U.S.-listed technology-related companies.
Costs
Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same.
Annual operating expenses for this ETF are 0.35%, making it one of the least expensive products in the space.
It has a 12-month trailing dividend yield of 0.16%.
Sector Exposure and Top Holdings
Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation in the Information Technology sector -- about 82.1% of the portfolio. Telecom and Consumer Discretionary round out the top three.
Looking at individual holdings, Micron Technology Inc (MU) accounts for about 9.16% of total assets, followed by Marvell Technology Inc (MRVL) and Advanced Micro Devices (AMD).The top 10 holdings account for about 51.03% of total assets under management.
Performance and Risk
The ETF has gained about 20.03% and was up about 15.21% so far this year and in the past one year (as of 11/02/2026), respectively. XNTK has traded between $244.17 and $392.56 during this last 52-week period.
The ETF has a beta of 1.45 and standard deviation of 27.19% for the trailing three-year period. With about 37 holdings, it has more concentrated exposure than peers.
Alternatives
State Street SPDR NYSE Technology ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, XNTK is an excellent option for investors seeking exposure to the Technology ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.
State Street Technology Select Sector SPDR ETF (XLK) tracks Technology Select Sector Index and the Vanguard Information Technology Index Fund ETF Shares (VGT) tracks MSCI US Investable Market Information Technology 25/50 Index. State Street Technology Select Sector SPDR ETF has $117.83 billion in assets, Vanguard Information Technology Index Fund ETF Shares has $143.14 billion. XLK has an expense ratio of 0.08%, and VGT charges 0.09%.
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.