State Street SPDR S&P Retail ETF (XRT)
State Street SPDR S&P Retail ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $88.78, down 0.95% on the session, giving a market capitalisation of $377.2M. Its beta of 1.17 implies it has historically moved more than the broad market.
The State Street SPDR S&P Retail ETF (XRT) is designed to replicate, before fees and expenses, the overall investment performance of the S&P Retail Select Industry Index. This fund offers investors focused access to the comprehensive retail segment of the S&P Total Market Index (TMI). It covers a broad spectrum of retail activities, including, but not limited to, Apparel, Automotive, Broadline, Computer & Electronic, Consumer Staples Merchandise, Drug, Food, and Other Specialty Retailers. The ETF achieves its objective by tracking an index that employs a modified equal-weighting methodology, ensuring diversified exposure across large, mid, and small-capitalization companies within the retail sector. This structure enables investors to implement more precise strategic or tactical allocations within retail, offering greater specificity than traditional, broader sector-based investment options.
State Street SPDR S&P Retail ETF is most often compared with the following Financial Services names: