XTL
State Street SPDR S&P Telecom ETF
📎 Investment Objective
The SPDR S&P Telecom ETF (XTL) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Telecom Select Industry Index.
Overview
ETF tracking State Street SPDR S&P Telecom ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR S&P Telecom ETF (XTL) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Telecom Select Industry Index.
🎯 Investment Strategy
The fund employs a passive management strategy, investing in a representative sample of the securities included in the underlying index to seek to track its performance. The index includes companies from the telecommunications industry that meet certain size, liquidity, and other criteria.
✨ Key Features
- Provides exposure to the telecommunications sector of the U.S. equity market
- Passively tracks the S&P Telecom Select Industry Index
- Low expense ratio of 0.00%
- Relatively small fund with $0 in assets under management
⚠️ Primary Risks
- Sector concentration risk as the fund is focused solely on the telecommunications industry
- Potential for higher volatility compared to the broader market due to sector focus
- Liquidity risk due to the small asset size of the fund
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking targeted exposure to the U.S. telecommunications sector as part of a diversified portfolio. However, the small asset size and lack of performance history make it a higher-risk, more speculative investment option. Investors should carefully consider their investment objectives and risk tolerance before investing.
Similar ETFs in Communication
View all Communication ETFs →The Communication Services Select Sector SPDR Fund
$111.33
Vanguard Communication Services ETF
$180.29
Fidelity MSCI Communication Services Index ETF
$68.15
iShares Global Comm Services ETF
$119.21
iShares U.S. Telecommunications ETF
$32.19
First Trust Indxx NextG ETF
$106.41