State Street SPDR S&P Software & Services ETF (XSW)
State Street SPDR S&P Software & Services ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $195.54, down 0.86% on the session, giving a market capitalisation of $430.1M. Its beta of 1.37 implies it has historically moved more than the broad market.
The State Street SPDR S&P Software & Services ETF is designed to track the total return performance of the S&P Software & Services Select Industry Index, before deducting its fees and expenses. This fund offers focused investment exposure to the software and services segment, encompassing key sub-industries like Application Software, Interactive Home Entertainment, IT Consulting & Other Services, and Systems Software. By following a modified equal-weighted index, the ETF aims to prevent overconcentration, spreading its investments across large, mid, and small-capitalization companies within the sector. This strategy provides investors with a more targeted and granular approach for both strategic and tactical allocations, distinguishing it from broader, less specific sector-based investment vehicles.
State Street SPDR S&P Software & Services ETF is most often compared with the following Financial Services names: