The SPDR NYSE Technology ETF (XNTK) was launched on September 25, 2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.Sector ETFs also provide investors access to a broad group of companies in part ...

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 ...