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XITK - ETF AI Analysis
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SPDR FactSet Innovative Technology ETF (XITK)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, like ACM Research and fuboTV, have delivered strong year-to-date gains, supporting overall performance.
Sector Focus on Technology
The ETF's heavy allocation to technology aligns with a high-growth sector that has historically driven innovation and returns.
Reasonable Expense Ratio
The ETF charges a moderate expense ratio compared to actively managed funds, helping investors keep more of their returns.
Negative Factors
High Sector Concentration
Over 70% of the ETF is allocated to technology, making it vulnerable to downturns in this single sector.
Weak Recent Performance
The ETF has struggled in the short term, with negative one-month returns and only modest three-month gains.
Limited Geographic Diversification
Nearly all of the ETF's holdings are U.S.-based, offering little exposure to international markets.
XITK vs. SPDR S&P 500 ETF (SPY)
AUM75.09M
RegionNorth America
Expense Ratio0.45%
Beta1.38
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. Volume1,296
30 Day Avg. Volume1,627
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
236.45Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
XITK Summary
The SPDR FactSet Innovative Technology ETF (Ticker: XITK) is an investment fund that focuses on companies in the Information Technology sector, particularly those driving innovation in areas like artificial intelligence, cloud computing, and digital transformation. It includes both established names like Micron and newer players like Roblox, offering a mix of growth potential and diversification. Investors might consider XITK if they are optimistic about the future of technology and want exposure to cutting-edge companies. However, it’s important to note that this ETF is heavily dependent on the tech sector, meaning its value can rise or fall significantly 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
The SPDR FactSet Innovative Technology ETF (XITK) is heavily tilted toward the tech sector, with names like Micron and MongoDB driving performance thanks to strong financial results and momentum in AI and cloud computing. Hesai Group has shown mixed signals, with growth potential offset by profitability challenges, while fuboTV is lagging due to bearish market trends and revenue struggles. The fund’s focus on innovative technology keeps it concentrated in U.S.-based companies, making it a high-risk, high-reward play for investors betting on the future of digital transformation.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| SkyWater Technology | 1.84% | $1.38M | $1.55B | 177.32% | 64 Neutral | |
| AXT | 1.75% | $1.32M | $1.42B | 1038.05% | 61 Neutral | |
| Onto Innovation | 1.41% | $1.06M | $10.68B | 1.69% | 82 Outperform | |
| Nova | 1.39% | $1.04M | $13.26B | 81.98% | 81 Outperform | |
| ACM Research | 1.36% | $1.02M | $3.39B | 195.22% | 72 Outperform | |
| Silicon Motion | 1.31% | $980.28K | $3.85B | 118.21% | 72 Outperform | |
| Applied Digital Corporation | 1.28% | $958.69K | $9.85B | 320.22% | 54 Neutral | |
| Lendingtree | 1.25% | $942.26K | $918.26M | 67.35% | 60 Neutral | |
| Aeva Technologies | 1.25% | $938.71K | $1.19B | 334.61% | 52 Neutral | |
| IMPINJ | 1.19% | $896.50K | $5.17B | 30.14% | 56 Neutral |
XITK Technical Analysis
Negative
―
Price Trends
179.00
Negative
184.20
Negative
180.40
Negative
Market Momentum
0.04
Positive
42.13
Neutral
10.82
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XITK, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 180.84, equal to the 50-day MA of 179.00, and equal to the 200-day MA of 180.40, indicating a bearish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 42.13 is Neutral, neither overbought nor oversold. The STOCH value of 10.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XITK.
XITK Peer Comparison
Comparison Results
Performance Comparison
XITK
SPDR FactSet Innovative Technology ETF
176.82
-7.77
-4.21%
RSPR
Invesco S&P 500 Equal Weight Real Estate ETF
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GXPT
Global X PureCap MSCI Information Technology ETF
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SEMI
Columbia Seligman Semiconductor and Technology ETF
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SOXY
YieldMax Target 12 Semiconductor Option Income 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.
Disclaimer
This 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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