Symbols

XSW

State Street SPDR S&P Software & Services ETF·NYSE

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Key Stats

Assets Under Management

433.99MUSD

Fund Flows (1Y)

-37.23MUSD

Dividend Yield

0.06%

Discount/Premium to NAV

-0.05%

Shares Outstanding

2.30M

Expense Ratio

0.35%

About State Street SPDR S&P Software & Services ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-sp-software-services-etf-xsw

Inception Date

Sep 28, 2011

Structure

Open-Ended Fund

Index Tracked

S&P Software & Services Select Industry Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

XSW delivers a portfolio that targets the software and services segment of the US equity market. The software industry is extremely top-heavy and concentrated so ETFs providing exposure to the industry have to address these challenges. XSW does so by broadening its mandate to include services firms and equal-weighting its portfolio to reduce concentration in the top industry companies. Ultimately, the fund delivers on its mandate to invest in both software and services and emphasizes the latter. Its equal-weighting scheme produces tilts toward smaller, growth-oriented companies. The index is rebalanced quarterly.