XITK - ETF AI Analysis
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SPDR FactSet Innovative Technology ETF (XITK)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered positive returns so far this year, showing solid overall momentum.
High-Growth Tech Holdings
Many of the top holdings in innovative technology, such as semiconductor and cloud companies, have shown strong performance, helping drive the fund’s gains.
Focused Exposure to U.S. Innovators
Almost all assets are invested in U.S. companies, giving investors targeted exposure to domestic technology and innovation leaders.
Negative Factors
Heavy Concentration in Technology
With most of the portfolio in the technology sector, the fund is highly sensitive to downturns in tech stocks.
Limited Geographic Diversification
The ETF is almost entirely invested in U.S. companies, offering little protection if the U.S. market weakens compared with other regions.
Moderate Expense Ratio
The fund’s fees are not extremely high but are above the cheapest index ETFs, which slightly reduces the net return to investors over time.
XITK vs. SPDR S&P 500 ETF (SPY)
AUM68.57M
RegionNorth America
Expense Ratio0.45%
Beta1.43
IssuerSPDR
Inception DateJan 13, 2016
Dividend YieldN/A
Asset ClassEquity
Index TrackedFactSet Innovative Technology Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume520
30 Day Avg. Volume1,781
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
231.25Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering98
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
XITK Summary
The SPDR FactSet Innovative Technology ETF (XITK) is a fund that follows the FactSet Innovative Technology Index, focusing mainly on U.S. tech companies driving new trends like artificial intelligence, cloud computing, and digital transformation. It holds both smaller, fast-growing firms and well-known names such as Advanced Micro Devices (AMD) and ARM Holdings, giving investors a way to bet on the future of technology while spreading their money across many companies. However, because it is heavily focused on tech and related sectors, its price can rise and fall sharply with changes in the technology market.
How much will it cost me?The SPDR FactSet Innovative Technology ETF (XITK) has an expense ratio of 0.45%, meaning you’ll pay $4.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed to focus on innovative and emerging technology companies, which requires more research and oversight compared to passively managed ETFs.
What would affect this ETF?The SPDR FactSet Innovative Technology ETF (XITK) could benefit from continued advancements in artificial intelligence, cloud computing, and digital transformation, as these areas drive growth in the tech sector. However, rising interest rates or regulatory changes targeting technology companies could negatively impact the ETF's performance, especially given its focus on emerging and disruptive firms. Additionally, its heavy exposure to U.S.-based tech companies may make it vulnerable to domestic economic slowdowns or geopolitical tensions.
XITK Top 10 Holdings
XITK is leaning hard into innovative U.S. tech, with chip and cloud names setting the tone. AMD and Datadog have been steady climbers, helping power the fund thanks to strong growth stories in AI, data centers, and software monitoring. Silicon Motion and ACM Research add more semiconductor punch, with generally rising trends over the past few months. On the flip side, smaller players like AXT and Applied Optoelectronics have been lagging, acting as a bit of sand in the gears. Overall, this is a concentrated bet on cutting-edge U.S. technology.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| AXT | 3.27% | $2.25M | $3.95B | 3047.40% | 61 Neutral | |
| Silicon Motion | 3.01% | $2.06M | $8.51B | 231.85% | 72 Outperform | |
| Applied Optoelectronics | 2.90% | $1.99M | $7.57B | 338.09% | 52 Neutral | |
| DigitalOcean Holdings | 2.61% | $1.79M | $13.74B | 356.49% | 73 Outperform | |
| Advanced Micro Devices | 2.37% | $1.63M | $776.41B | 177.32% | 73 Outperform | |
| ACM Research | 2.09% | $1.44M | $5.42B | 166.18% | 72 Outperform | |
| SkyWater Technology | 1.91% | $1.31M | $1.60B | 269.70% | 64 Neutral | |
| ARM Holdings PLC ADR | 1.91% | $1.31M | $255.99B | 74.22% | 69 Neutral | |
| Datadog | 1.90% | $1.30M | $95.39B | 97.62% | 69 Neutral | |
| Onto Innovation | 1.66% | $1.14M | $12.86B | 174.21% | 82 Outperform |
XITK Technical Analysis
Positive
―
Price Trends
190.28
Positive
177.56
Positive
175.26
Positive
Market Momentum
-1.95
Negative
56.24
Neutral
75.88
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XITK, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 184.09, equal to the 50-day MA of 190.28, and equal to the 200-day MA of 175.26, indicating a bullish trend. The MACD of -1.95 indicates Negative momentum. The RSI at 56.24 is Neutral, neither overbought nor oversold. The STOCH value of 75.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for XITK.
XITK Peer Comparison
Comparison Results
Performance Comparison
XITK
SPDR FactSet Innovative Technology ETF
190.46
5.79
3.14%
PSCE
Invesco S&P SmallCap Energy ETF
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PSL
Invesco DWA Consumer Staples Momentum ETF
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SOXY
YieldMax Target 12 Semiconductor Option Income ETF
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SEMI
Columbia Seligman Semiconductor and Technology ETF
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AOTS
AOT Software Platform ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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