Finding the right sectors is getting harder. Inflation, rising rates, and narrow market leadership combine to reshape the investing landscape.
Whenever an exchange-traded fund passes a critical milestone for assets under management, it's often worth taking a closer look. After all, there's frequently a good reason an ETF has managed to amass such an impressive amount of funds.
XLK hits a fresh 52-week high as AI momentum, Big Tech spending and strong corporate earnings boost the technology sector.
Competing asset managers tend to offer very similar ETF lineups, especially when it comes to sector funds.
Technology Select Sector SPDR Fund TodayXLKTechnology Select Sector SPDR Fund$150.89 +0.59 (+0.39%) As of 09:45 AM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$92.59▼$152.99Dividend Yield0.50%Assets Under Management$96.00 billionAdd to Watchlist
If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the State Street Technology Select Sector SPDR ETF (XLK), a passively managed exchange traded fund launched on December 16, 1998.
US megacap technology stocks, long the driving force behind a bull run spanning more than three years, are undergoing a sharp valuation reset as a mix of geopolitical tensions, rising yields, and questions around artificial intelligence spending weigh on sentiment. The pullback has intensified in recent weeks, with the sector already under pressure before the escalation of the Iran conflict.
XLK, VGT, and FTXL all carry the “tech ETF” label, but they are built for fundamentally different investors.
If you want to own a piece of the tech sector without picking individual winners, The Technology Select Sector SPDR Fund (NYSEARCA:XLK) offers a straightforward solution.
Designed to provide broad exposure to the Technology - Broad segment of the equity market, the State Street Technology Select Sector SPDR ETF (XLK) is a passively managed exchange traded fund launched on December 16, 1998.
CNBC's "Closing Bell Overtime" team discusses the 2026 tech playbook and more with John Belton, portfolio manager at Gabelli Funds.
XLK is significantly cheaper to own and far larger than SOXX, but its recent returns have lagged the semiconductor-focused fund. SOXX is more volatile and suffered a deeper five-year drawdown, reflecting its narrow chip-sector tilt.