Press Release

XLK ETF: A Mainstay in Technology Investing

–News Direct–

The technological revolution has transformed the global economy, making tech investment pivotal to a diversified portfolio. A viable choice is the Technology Select Sector SPDR Fund (XLK).

Launched twenty-five years ago, XLK offers a cost-effective route to the tech sector, hosting 64 of the U.S.'s largest tech firms, including Apple, Microsoft, Broadcom, Nvidia, Adobe, SalesForce, and more. These industry leaders have evolved from startups to established entities with unrivaled products and business models.

Apple and Microsoft, the top two holdings*, make up over 44% of XLK's portfolio. Next are chipmakers Broadcom and Nvidia, representing 5.19% & 4.49% of the Fund. XLK focuses on large-cap, well-established companies, mirroring various segments of the economy.

Managing over $58 billion in assets and traded on the NYSE Arca, XLK's reach and 0.10%** expense ratio make it an interesting choice for tech exposure in diversified portfolios.

Tech's Role in Portfolios

The tech industry is a significant economic driver, making a tech-focused ETF like XLK a valuable addition to a portfolio. XLK reflects the performance of the Technology Select Sector Index, offering a more targeted strategy than a traditional broad-based index.

Covering sub-sectors like hardware, software, communications equipment, semiconductors, IT services, and electronic equipment, XLK delivers broad tech representation.

A Stalwart in Tech Investing

The Technology Select Sector SPDR Fund (XLK) offers an attractive mix of tech investments, with heavyweights such as Microsoft and Apple forming a significant portion of its holdings. It also includes other major tech companies, some of which are leaders in the A.I. revolution, contributing to its diversified nature. The fund holds numerous publicly traded tech firms, all part of the S&P 500, making it a popular choice for those seeking exposure to the tech sector in a balanced portfolio.

XLK offers an investment opportunity for those aiming to harness the tech sector's potential. Whether you're an advisor or investor, including XLK in your portfolio could be a strategic step towards achieving your long-term goals.

DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication.

About the Company:

Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals.

*Holdings, Weightings & Assets as of 12/22/23 subject to change

**Ordinary brokerage fees apply


The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing.

One may not invest directly in an index.

Transparent ETFs provide daily disclosure of portfolio holdings and weightings

All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit Read the prospectus carefully before investing.

ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.

Media Contact:

Company: Select Sector SPDRs

Contact: Dan Dolan*

Address: 1290 Broadway, Suite 1000, Denver, CO 80203

Country: United States



*Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust.

SEL007141 EXP 3/31/24

Contact Details

Dan Dolan

+1 203-935-8103

Company Website

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