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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 Performance
Several of the largest positions have shown strong gains this year, which can help support the fund’s overall returns over time.
Focused Innovative Tech Exposure
The fund is heavily tilted toward technology and related innovative industries, giving investors targeted exposure to high-growth areas of the market.
Pure U.S. Market Exposure
With all holdings in U.S. companies, the ETF offers a straightforward way to invest in domestic innovative technology names without foreign currency or country risks.
Negative Factors
Recent Weak Performance
The ETF has shown weak returns over the past month, three months, and year-to-date, which may concern investors looking for near-term momentum.
High Sector Concentration in Technology
A large majority of the portfolio is in the technology sector, which increases the risk if this part of the market experiences a downturn.
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, meaning more of the returns are used to cover fees instead of staying with investors.
XITK vs. SPDR S&P 500 ETF (SPY)
AUM61.37M
RegionNorth America
Expense Ratio0.45%
Beta1.39
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. Volume1,095
30 Day Avg. Volume2,070
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
222.60Price 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 (XITK) is a fund that follows the FactSet Innovative Technology Index, focusing on fast-growing tech and tech-related companies. It mainly holds U.S. businesses involved in areas like artificial intelligence, cloud computing, and digital tools that help modernize other industries. Examples of holdings include SkyWater Technology and LendingTree. Someone might invest in XITK if they want growth potential from cutting-edge technology and a basket of many companies instead of picking single stocks. A key risk is that it is heavily focused on technology, so its price can swing a lot and may fall sharply if tech stocks struggle.
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 smaller, fast-moving U.S. chip and cloud names, with semiconductor plays like AXT and ACM Research doing much of the heavy lifting as their momentum keeps rising. Onto Innovation and Silicon Motion add to the tech-heavy punch, though their rich valuations mean the ride can be bumpy. On the softer side, SkyWater Technology and Applied Digital are lagging, as profitability and cash flow worries weigh on sentiment. Overall, this is a concentrated bet on innovative U.S. tech, not a broad, steady market basket.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ACM Research | 2.03% | $1.24M | $4.19B | 155.72% | 72 Outperform | |
| SkyWater Technology | 1.98% | $1.21M | $1.40B | 190.70% | 64 Neutral | |
| AXT | 1.94% | $1.19M | $1.30B | 1778.48% | 61 Neutral | |
| Silicon Motion | 1.82% | $1.12M | $4.51B | 129.39% | 72 Outperform | |
| Applied Optoelectronics | 1.77% | $1.08M | $2.97B | 91.12% | 52 Neutral | |
| Onto Innovation | 1.74% | $1.07M | $10.78B | 35.71% | 82 Outperform | |
| DigitalOcean Holdings | 1.72% | $1.06M | $6.30B | 61.91% | 73 Outperform | |
| Nova | 1.69% | $1.04M | $13.79B | 64.13% | 81 Outperform | |
| Ubiquiti Networks | 1.54% | $947.30K | $42.80B | 134.49% | 60 Neutral | |
| Applied Digital Corporation | 1.36% | $837.09K | $8.92B | 172.68% | 54 Neutral |
XITK Technical Analysis
Negative
―
Price Trends
171.30
Negative
177.37
Negative
180.98
Negative
Market Momentum
-7.18
Positive
32.29
Neutral
21.68
Neutral
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 158.31, equal to the 50-day MA of 171.30, and equal to the 200-day MA of 180.98, indicating a bearish trend. The MACD of -7.18 indicates Positive momentum. The RSI at 32.29 is Neutral, neither overbought nor oversold. The STOCH value of 21.68 is Neutral, 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
149.15
-32.28
-17.79%
RIET
Hoya Capital High Dividend Yield ETF
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―
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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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―
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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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