XITK:ARCA-SPDR FactSet Innovative Technology (USD)

ETF | Technology | NYSE Arca

Last Closing

USD 177.0113

Change

-0.62 (-0.35)%

Market Cap

USD 0.01B

Volume

2.09K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. 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. It is non-diversified.

Inception Date: 13/01/2016

Primary Benchmark: FactSet Innovative Technology NR USD

Primary Index: MSCI ACWI NR USD

Gross Expense Ratio: 0.46%

Management Expense Ratio: 0.45 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

Largest Industry Peers for Technology

Symbol Name Mer Price(Change) Market Cap
XLK Technology Select Sector SPDR.. 0.13 %

+2.11 (+0.89%)

USD 73.66B
FTEC Fidelity® MSCI Information Te.. 0.08 %

+1.63 (+0.87%)

USD 13.46B
ARKK ARK Innovation ETF 0.75 %

-0.16 (-0.27%)

USD 6.50B
ARKW ARK Next Generation Internet E.. 0.75 %

-0.85 (-0.75%)

USD 1.85B
HACK Amplify ETF Trust 0.60 %

+0.62 (+0.83%)

USD 1.73B
FXL First Trust Technology AlphaDE.. 0.63 %

+0.82 (+0.54%)

USD 1.40B
ARKF ARK Fintech Innovation ETF 0.00 %

-0.36 (-0.93%)

USD 1.14B
IHAK iShares Cybersecurity and Tech.. 0.00 %

N/A

USD 0.93B
BLOK Amplify Transformational Data .. 0.70 %

-1.03 (-2.15%)

USD 0.92B
XNTK SPDR Morgan Stanley Technology 0.35 %

+2.08 (+1.01%)

USD 0.90B

ETFs Containing XITK

N/A

Market Performance

  Market Performance vs. Industry/Classification (Technology) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 21.17% 33% F 79% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 21.17% 33% F 76% C+
Trailing 12 Months  
Capital Gain 20.44% 28% F 78% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 20.44% 28% F 75% C
Trailing 5 Years  
Capital Gain 55.29% 16% F 76% C+
Dividend Return 0.31% 5% F 1% F
Total Return 55.60% 12% F 71% C-
Average Annual (5 Year Horizon)  
Capital Gain 10.72% 20% F 66% D+
Dividend Return 10.76% 20% F 61% D-
Total Return 0.04% 9% A- 3% F
Risk Return Profile  
Volatility (Standard Deviation) 44.13% 24% F 22% F
Risk Adjusted Return 24.38% 16% F 39% F
Market Capitalization 0.01B 29% F 28% 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.