State Street SPDR FactSet Innovative Technology ETF
$199.97−0.76 (−0.38%)
- 0.45%
- $70M
- +9.3%
- 0.00%
- 0M sh
- $205.29
- low $141.05high $211.23
The ETF.net XITK Grade
A
Score 71 out of 100
- 4 of 31
Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A93 out of 100Rank 2 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 26 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B61 out of 100Rank 11 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 6 of 31Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A74 out of 100Rank 5 of 31
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
- 98
- 24%
- AXTI
Sectors
- Technology82.0%
- Communication10.0%
- Health Care4.2%
- Industrials1.3%
- Consumer Discretionary1.2%
- Financials0.9%
- Real Estate0.4%
Geography
- United States90.15%
- Hong Kong2.95%
- United Kingdom2.61%
- Israel2.17%
- Cayman Islands1.39%
- Sweden0.73%
XITK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
XITK$10,934
Returns run to the Oct 12, 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 | +12.4% |
| 1 month | +3.6% |
| 3 months | +5.0% |
| 1 year | +9.3% |
| 3 years | +17.6% |
| 5 years | −1.7% |
| 10 years | +13.2% |
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 | +12.4% | |
| 2025 | +2.5% | |
| 2024 | +19.1% | |
| 2023 | +45.9% | |
| 2022 | −47.4% | |
| 2021 | −11.2% | |
| 2020 | +90.2% |
XITK in the news
XITK Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
XITK Risk
- 25.8%
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.
- 0.57
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
0.45%
XITK0.45%
- The middle half of Disruptive Innovation funds
- Median 0.65%
1 of the 31 Disruptive Innovation funds charge less.
Other funds in Disruptive Innovation
- AKOMPState Street SPDR S&P Kensho New Economies Composite ETFExpense ratio 0.20%1 year return +7.5%
- ATRFMAAM Transformers ETFExpense ratio 0.49%1 year return +24.4%
- BGINNGoldman Sachs Innovate Equity ETFExpense ratio 0.50%1 year return +13.3%
- BFDTXFidelity Disruptive Technology ETFExpense ratio 0.50%1 year return +46.8%
- BANEWProShares - MSCI Transformational Changes ETFExpense ratio 0.45%1 year return +7.9%