State Street Technology Select Sector SPDR ETF
XLK
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Iron Street Boston United States of America 2210
- IPO Date
- Dec 22, 1998
- CIK
- 0001064641
- Website
- ssga.com
- Similar Companies
- Business
- The Technology Select Sector SPDR Fund (XLK) is an exchange-traded fund that seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Technology Select Sector Index, which includes S&P 500 technology stocks across semiconductors and semiconductor equipment; software and services; technology hardware and equipment; and communication services. The fund invests substantially all, but at least 95%, of its total assets in the securities comprising the index or depositary receipts representing those securities, with top holdings including NVIDIA Corporation (NVDA), Apple Inc. (AAPL), Microsoft Corporation (MSFT), Broadcom Inc. (AVGO), and Palantir Technologies Inc. (PLTR), which collectively account for over 60% of assets under management of approximately $92 billion. XLK distributes dividends quarterly and maintains a low expense ratio of 0.08%. Launched on December 16, 1998, and domiciled in the United States, the fund is issued and managed by State Street Global Advisors, a division of State Street Corporation headquartered in Boston, Massachusetts, with primary listing on NYSE Arca. It targets institutional and retail investors seeking targeted exposure to the U.S. large-cap technology sector, which has delivered strong performance driven by artificial intelligence demand, cloud computing growth, and semiconductor innovation. Recent developments include State Street Investment Management assuming distribution and marketing responsibilities for the Select Sector SPDR ETFs, including XLK, previously handled by another party, enhancing operational control as of recent announcements. In 2025, the fund announced share splits for five Select Sector SPDR ETFs, including XLK, to adjust share prices and increase outstanding shares for improved accessibility. Additionally, index rebalancing has elevated semiconductor exposure to around 30% of assets, with NVIDIA surpassing Apple as a top weighting amid AI-driven rallies, contributing to year-to-date gains of approximately 22.7% through late 2025.