XITK:NYE-SPDR® FactSet Innovative Technology ETF (USD)

ETF | Technology |

Last Closing

USD 155.174

Change

-1.01 (-0.65)%

Market Cap

USD 0.08B

Volume

1.38K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The index is designed to represent the performance of U.S.-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-04 )

Largest Industry Peers for Technology

Symbol Name Price(Change) Market Cap
XLK Technology Select Sector SPDR..

-0.17 (-0.08%)

USD 71.59B
FTEC Fidelity® MSCI Information Te..

-0.22 (-0.13%)

USD 12.44B
ARKK ARK Innovation ETF

+0.04 (+0.09%)

USD 5.66B
HACK Amplify ETF Trust

-0.05 (-0.07%)

USD 1.73B
ARKW ARK Next Generation Internet E..

-0.66 (-0.76%)

USD 1.43B
FXL First Trust Technology AlphaDE..

-0.48 (-0.34%)

USD 1.35B
IHAK iShares Cybersecurity and Tech..

-0.15 (-0.31%)

USD 0.93B
ARKF ARK Fintech Innovation ETF

-0.06 (-0.19%)

USD 0.90B
XNTK SPDR Morgan Stanley Technology

-0.22 (-0.11%)

USD 0.83B
BLOK Amplify Transformational Data ..

-0.73 (-1.83%)

USD 0.73B

ETFs Containing XITK

N/A

Market Performance

  Market Performance vs. Industry/Classification (Technology) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.23% 38% F 53% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.23% 38% F 53% F
Trailing 12 Months  
Capital Gain 29.64% 52% F 75% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 29.64% 52% F 76% C+
Trailing 5 Years  
Capital Gain 44.90% 40% F 72% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 44.90% 40% F 72% C
Average Annual (5 Year Horizon)  
Capital Gain 12.10% 20% F 71% C-
Dividend Return 12.15% 16% F 66% D+
Total Return 0.05% 9% A- 2% F
Risk Return Profile  
Volatility (Standard Deviation) 45.49% 24% F 21% F
Risk Adjusted Return 26.70% 16% F 44% F
Market Capitalization 0.08B 24% F 26% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.