(XNTK) Morgan Stanley Technology - NYSE
ETF Category: Technology | Exchange: NYSE (USA) | Market Cap: 2.102m USD | Total Return: 54.7% in 12m
Avg Turnover: 24.3M
Warnings
Fakeout
Tailwinds
No distinct edge detected
The SPDR NYSE Technology ETF (XNTK) tracks an equal-weighted index of 35 leading U.S.-listed technology companies. The fund maintains a mandate to invest at least 80% of its total assets in index constituents, which include firms from the software, semiconductor, and internet services industries. By utilizing an equal-weighted methodology, the fund reduces the concentration risk often found in market-cap-weighted technology benchmarks.
The technology sector is characterized by high research and development (R&D) intensity and rapid product lifecycles. Many companies in this space operate on subscription-based software-as-a-service (SaaS) models to generate recurring revenue streams. For a deeper look into these underlying business metrics, consider reviewing the data on ValueRay. This ETF provides exposure to both domestic firms and foreign companies listed on U.S. exchanges, offering a diversified cross-section of the global tech economy.
- Equal-weighted index structure increases exposure to mid-cap technology volatility
- Semiconductor demand cycles drive revenue for top index constituents
- Enterprise software spending shifts toward generative AI integration
- Federal Reserve monetary policy impacts valuations of high-growth tech holdings
As of June 11, 2026, the stock is trading at USD 349.61 with a total of 58,912 shares traded.
Over the past week, the price has changed by -9.66%,
over one month by +2.01%,
over three months by +29.42% and
over the past year by +54.71%.
Morgan Stanley Technology has no consensus analysts rating.