XSW

SPDR S&P Software & Services ETF

SPDR S&P Software & Services ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the performance of the S&P Software & Services Select Industry Index.


US

EQUITY

Passive

MANAGEMENT STYLE

494.3 M

ASSETS UNDER MGMT

35 bp

EXPENSES
Fund Basics
Fund sponsorSSGA Funds Management Inc
CategoryUS
Asset classEquity
Websitelink...
Inception dateSep 28, 2011
Assets (mns)$494
Expense ratio35 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionMarket Cap
WeightingEqual
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
SOUNDHOUND AI, INC CLASS A 2.0 %
MICROSTRATEGY INC-CL A 1.7 %
APPLOVIN CORP. CLASS A 1.6 %
HUT 8 CORP 1.4 %
RUBRIK INC A 1.4 %
PALANTIR TECHNOLOGIES INC. CLASS A 1.2 %
NEXTNAV INC. 1.2 %
ASANA, INC. CLASS A 1.1 %
CIPHER MINING INC 1.1 %
RIOT BLOCKCHAIN INC 1.0 %
Constituent Breakdown
Number of holdings126
Herfindahl-Hirschman Index 76
Wgt avg mkt cap (mns)$44,255
Large cap (>$10bn)35.2%
Mid cap ($2-10bn)41.5%
Small cap (<$2bn)23.4%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 85.1 %
CANADA 1.4 %
IRELAND 0.6 %
ISRAEL 0.6 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 28.8% 42.0% 31.3% 5.4% 13.7% 7.9% 11.8%
Volatility 21.2% 21.5% 24.2% 29.1% 29.5% 24.4% --
Market Correlations
versus...BetaR-squared
S&P 5001.1465%
MSCI EAFE0.8334%
MSCI Emg Mkts0.6521%
Liquidity Measures
Avg. volume (000)45
Turnover1.8%
Avg. Bid/Ask (% of price)0.12%
ADV of underlying (mns)$57,565
Technical Indicators
Recent close$194.59
30d moving avg.$194.68
Annualized volatility24.8%
Relative strength (RSI)58
Short interest (ETF)0.6%
Short interest (underlying)5.7%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: XSW vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
3.6 31.2 4.5 0.2% --
Based on closing prices from 12/20/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
XSW



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Rating

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.

ALTAR Score™

XSW

1.5%

Cat. Avg

5.6%


ALTAR Score™ Calculation

Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™ of 5.6% and a standard deviation of 2.6%. XSW's ALTAR Score™ is approximately 1.6 standard deviations below the category average. This places XSW in the 6th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

XSW
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Passive
US Equity ETFs
# of ETFs 192
Avg. Expense Ratio 31.0 bp
Std. Deviation 25.7 bp
XSW (35 bp) Percentile rank 56
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
XSW 35.0 11.9 46.9
Peer Avg. 20.9 8.8 29.7
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .