XLK

The State Street Global Advisors THE TECHNOLOGY SELECT SECTOR SPDR FUND (XLK) is an exchange-traded fund (ETF) that tracks the performance of the Technology Select Sector Index. The fund is managed by State Street Global Advisors and was launched in 1998.

The Technology Select Sector Index measures the performance of the technology companies within the S&P 500. It includes businesses engaged in software, hardware, IT services, and semiconductors, and represents one of the largest sector allocations in the U.S. equity market.

XLK is a passively managed index ETF that seeks to replicate the holdings and performance of its benchmark with low tracking error. It is suitable for investors seeking broad, low-cost market exposure.

This is used in this portfolio Sectors