XITK - ETF AI Analysis
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SPDR FactSet Innovative Technology ETF (XITK)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Top Holdings Momentum
Most of the largest positions have shown strong year-to-date gains, helping support the fund despite recent volatility.
Focused Innovative Tech Exposure
The ETF is heavily tilted toward innovative technology companies, giving investors targeted access to a high-growth area of the market.
Reasonable Fee for Niche Strategy
The expense ratio is moderate for a specialized, innovation-focused ETF, so investors are not paying an unusually high cost for this targeted exposure.
Negative Factors
High Sector Concentration
With the vast majority of assets in technology and related sectors, the fund is highly sensitive to downturns in the tech industry.
Limited Geographic Diversification
Almost all holdings are U.S.-based, so investors get little benefit from international diversification.
Recent Performance Weakness
The ETF has shown weak performance over the year-to-date and recent three-month period, indicating it has struggled in the current market environment.
XITK vs. SPDR S&P 500 ETF (SPY)
AUM67.71M
RegionNorth America
Expense Ratio0.45%
Beta1.40
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. Volume5,200
30 Day Avg. Volume2,050
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
232.75Price 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) tracks the FactSet Innovative Technology Index, focusing on fast-growing tech and tech-related companies, mainly in the U.S. It holds firms involved in areas like artificial intelligence, cloud computing, and digital tools that help businesses modernize, including names like DigitalOcean Holdings and Ubiquiti Networks. An investor might choose this ETF to seek long-term growth by spreading money across many innovative technology companies instead of picking individual stocks. However, it is heavily concentrated in 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 innovative U.S. tech, with a clear tilt toward semiconductors and cloud names that puts performance squarely in the hands of a few fast-moving stocks. Silicon Motion, ARM, AMD, and Onto Innovation are doing much of the heavy lifting, riding strong earnings and the AI boom. DigitalOcean is also pulling its weight as it taps demand for cloud and AI-focused services. On the flip side, AXT and Applied Optoelectronics have been lagging lately, acting like a bit of sand in the fund’s otherwise well-oiled tech machine.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| AXT | 3.77% | $2.50M | $3.70B | 2353.59% | 61 Neutral | |
| Applied Optoelectronics | 3.72% | $2.46M | $9.71B | 358.93% | 52 Neutral | |
| Silicon Motion | 3.38% | $2.24M | $10.09B | 332.06% | 72 Outperform | |
| DigitalOcean Holdings | 2.69% | $1.78M | $13.58B | 355.04% | 73 Outperform | |
| ACM Research | 2.48% | $1.64M | $6.76B | 245.32% | 72 Outperform | |
| Advanced Micro Devices | 2.42% | $1.60M | $844.36B | 274.48% | 73 Outperform | |
| ARM Holdings PLC ADR | 2.37% | $1.57M | $335.46B | 119.39% | 69 Neutral | |
| Onto Innovation | 1.94% | $1.28M | $15.30B | 207.86% | 82 Outperform | |
| SkyWater Technology | 1.92% | $1.27M | $1.68B | 226.22% | 64 Neutral | |
| Datadog | 1.76% | $1.16M | $92.68B | 74.98% | 69 Neutral |
XITK Technical Analysis
Positive
―
Price Trends
190.12
Positive
172.24
Positive
175.91
Positive
Market Momentum
0.28
Positive
53.07
Neutral
61.67
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 191.02, equal to the 50-day MA of 190.12, and equal to the 200-day MA of 175.91, indicating a bullish trend. The MACD of 0.28 indicates Positive momentum. The RSI at 53.07 is Neutral, neither overbought nor oversold. The STOCH value of 61.67 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
193.71
10.05
5.47%
PSCE
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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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