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1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$79170168
P/E ratio
15.9
Dividend yield
--
Expense ratio
0.45%
Beta
1.210447
Previous close
$182.58
Today's open
$180.33
Day's range
$179.72 - $180.47
52 week range
$138.01 - $196.86
Industries
Technology
2.91%
FUBO
Fubotv Inc
2.62%
XITK Gets A Buy Rating For Those Wanting Small-Cap Technology Exposure
The SPDR FactSet Innovative Technology ETF offers exposure to high-growth tech and electronic media companies, aiming to capture innovation across diverse market capitalizations. XITK has $100m in AUM, 45bps fees, and no dividend payments since inception; it uses an equal-weighted index to mitigate stock-specific risk. Performance varies by time period, but XITK is recommended for those who can handle volatility; it gets a Buy rating for risk-tolerant investors, Hold for others.
Seeking Alpha • Jan 8, 2025

XITK: Unconvincing Risk/Benefit Profile
SPDR FactSet Innovative Technology ETF holds 100 stocks of innovative companies closely related to technology. XITK primarily measures innovation based on revenue growth and has a focus on the software industry. Valuation and growth metrics are attractive relative to the sector benchmark XLK, but the sector as a whole is deeply overvalued.
Seeking Alpha • Jan 7, 2025

China ETFs Drop On Audit Enforcement
The first tranche of Chinese ADRs affected by a 2020 law has been released.
ETFcom • Mar 11, 2022

3 Strong Innovation Growth Funds For 2022
Innovation growth funds focus on innovative, high-growth companies with the potential for market-beating returns. These funds underperformed during 2021, but are better positioned for a strong 2022.
Seeking Alpha • Jan 11, 2022

Beaten-Down Tech ETFs to Buy This Holiday Season
According to the Consumer Technology Association (CTA), U.S. technology spending during the 2021 holiday season (October-December) is expected to reach a $142.5 billion, up 0.5% from last year.
Zacks Investment Research • Nov 26, 2021

XITK: Dangerously Priced Way To Capitalize On Tech Innovation
XITK offers a unique equally-weighted equity mix with a remarkable tilt towards large- and mid-cap growth stocks. Its smart-beta approach helped to create a more balanced equity mix, with no extreme top-heaviness.
Seeking Alpha • Jul 7, 2021

7 Growth Stocks With the Potential for Huge Upside
When it comes to growth stocks to buy, we've all got our ideas of what works. Here are seven ideas from one innovative portfolio.
InvestorPlace • Jun 1, 2021

Outgrowing Software
Ten years ago, Marc Andreessen wrote an article in the WSJ called ‘Software is eating the world', arguing that there was a fundamental shift in the role that software plays in the economy. Now, there's a generation of companies that both create software and use it themselves to enter another industry, and often to change it.
Seeking Alpha • Mar 21, 2021

Best Innovation Growth Funds For 2021
Best Innovation Growth Funds For 2021
Seeking Alpha • Mar 11, 2021

XITK: Innovation Growth Fund, Strong High-Growth Holdings, Market-Beating Shareholder Returns
A reader asked for my thoughts on XITK. XITK invests in innovative high-growth technology companies, strongly focusing on software.
Seeking Alpha • Jan 18, 2021

¹ Disclosures

Open an M1 investment account to buy and sell SPDR FactSet Innovative Technology ETF commission-free¹. Build wealth for the long term using automated trading and transfers.