Is SPDR NYSE Technology ETF (XNTK) a Strong ETF Right Now?

Core Insights - The SPDR NYSE Technology ETF (XNTK) is a smart beta ETF launched on September 25, 2000, designed to provide broad exposure to the Technology ETFs category [1] - The fund is managed by State Street Investment Management and has accumulated over $1.19 billion in assets, making it one of the larger ETFs in the Technology sector [5] - XNTK seeks to match the performance of the NYSE Technology Index, which consists of 35 leading U.S.-listed technology-related companies [5] Fund Characteristics - XNTK has an annual operating expense ratio of 0.35%, positioning it as one of the least expensive options in the ETF space [6] - The fund has a 12-month trailing dividend yield of 0.33% [6] - The portfolio is heavily weighted towards the Information Technology sector, which represents 71.6% of the total assets [7] Holdings and Performance - Palantir Technologies Inc A (PLTR) constitutes about 5% of the fund's total assets, with Uber Technologies Inc (UBER) and Netflix Inc (NFLX) also among the top holdings [8] - The top 10 holdings account for approximately 34.69% of the total assets under management [8] - As of August 1, 2025, XNTK has returned roughly 17.45% year-to-date and 26.21% over the past year, with a trading range between $164.46 and $241.66 during the last 52 weeks [10] Alternatives and Market Position - XNTK is positioned as a strong option for investors looking to outperform the Technology ETFs segment [11] - Other notable ETFs in the space include the Technology Select Sector SPDR ETF (XLK) and the Vanguard Information Technology ETF (VGT), with XLK having $83.78 billion in assets and VGT at $98.19 billion [12]