State Street SPDR FactSet Innovative Technology ETF
$200.59−1.62 (−0.80%)
- Expense ratio
- 0.45%
- Fund size
- $71M
- 1Y return
- +2.7%
- Yield · Last 12 months
- 0.00%
- Holdings
- 96
- Volume · 30D
- 0M sh
- NAV per share
- $202.83
- 52W range
The ETF.net XITK Grade
Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 93Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 28Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 63Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 78Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 74Category rank
Our read on XITK
AMost innovation funds pick a theme and hope. XITK lets the data pick: FactSet ranks tech and electronic-media segments by growth, keeps the top quartile, then equal-weights roughly 100 names so no single giant runs the show.
The fund seeks to track the total return of the FactSet Innovative Technology Index before fees and expenses. Its mandate targets innovative technology-related companies with robust revenue growth and leading-edge products or services.
Why people hold it
- Costs 0.45% a year, comfortably under the 0.65% median for disruptive-innovation funds, and it does it inside a plain index wrapper from a major ETF shop.
- Equal weighting at each reset gives the hundredth holding the same slot as the first, so results lean on the whole basket rather than two or three mega-caps.insight.factset.com
- Screens segments, not slogans: only companies drawing most of their revenue from the fastest-growing corners of tech and electronic media make the cut.insight.factset.comssga.com
- Trading since 2016, giving it a live record across several tech cycles, and it sits in the upper tier of our innovation-fund cohort review.
Worth knowing
- Growth-screened tech, equal-weighted, means smaller names carry a giant's weight. Expect a rougher ride than a cap-weighted tech fund.
- Thinly traded for its category and modest in size, so bid-ask spreads can run wider than the household-name tech ETFs.
- Cheaper shelfmates exist: KOMP runs a broad new-economy basket for 0.20%.
XITK Holdings
- Stocks
- 96
- 25%
- AXTI
Sectors
- Technology81.3%
- Communication10.7%
- Health Care4.2%
- Industrials1.5%
- Financials1.0%
- Consumer Discr.0.8%
- Real Estate0.4%
Geography
- United States90.56%
- Hong Kong2.76%
- United Kingdom2.51%
- Israel2.21%
- Cayman Islands1.12%
- Sweden0.84%
XITK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XITK |
|---|---|
| Year to date | +13.2% |
| 1 month | +0.1% |
| 3 months | +4.8% |
| 1 year | +2.7% |
| 3 years | +18.6% |
| 5 years | −2.1% |
| 10 years | +13.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XITK |
|---|---|---|
| 2026 YTD | +13.2% | |
| 2025 | +2.5% | |
| 2024 | +19.1% | |
| 2023 | +45.9% | |
| 2022 | −47.4% | |
| 2021 | −11.2% | |
| 2020 | +90.2% |
XITK in the news
ETF.net Research hasn’t filed on XITK yet — coverage lands here as it’s written.
XITK Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 18, 2023 | Dec 21, 2023 | $0.10 |
| Sep 18, 2023 | Sep 21, 2023 | $0.0094 |
| Jun 20, 2023 | Jun 23, 2023 | $0.0071 |
| Sep 19, 2022 | Sep 22, 2022 | $0.05 |
| Jun 21, 2022 | Jun 24, 2022 | $0.06 |
| Dec 21, 2020 | Dec 24, 2020 | $0.13 |
| Dec 23, 2019 | Dec 27, 2019 | $0.16 |
| Dec 24, 2018 | Dec 28, 2018 | $1.24 |
| Dec 15, 2017 | Dec 26, 2017 | $1.36 |
| Dec 16, 2016 | Dec 27, 2016 | $1.06 |
| Sep 16, 2016 | Sep 26, 2016 | $0.03 |
XITK Risk
- 26.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.46
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −61.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.67
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XITK Cost
- The middle half of Disruptive Innovation funds
- Median 0.65%
1 of the 31 Disruptive Innovation funds charge less.