Is SPDR NYSE Technology ETF (XNTK) a Strong ETF Right Now?
ZACKSยท2025-08-01 11:21
The SPDR NYSE Technology ETF (XNTK) was launched on 09/25/2000, and is a smart beta exchange traded fund designed to offer broad exposure to the Technology ETFs category of the market.What Are Smart Beta ETFs?The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent w ...