The XLK ETF (Exchange-Traded Fund) is an investment fund that tracks the performance of the technology sector in the United States. XLK stands for "Technology Select Sector SPDR Fund." It is one of the many sector-specific ETFs offered by State Street Global Advisors.
The XLK ETF aims to provide investors with exposure to a diversified portfolio of technology companies. It seeks to replicate the performance of the Technology Select Sector Index, which includes companies primarily involved in various technology-related industries such as software, hardware, semiconductors, internet services, and more.
Investing in the XLK ETF allows individuals to gain exposure to a broad range of leading technology companies in a single investment. By doing so, investors can benefit from the growth potential and innovations within the technology sector.
The following information presents the cumulative returns for XLK ETF companies in the order of the sorted returns:
The technology sector has been experiencing a significant surge in recent days, with tech stocks performing exceptionally well. The chart below highlights the top 10 holdings in XLK ETFs, showcasing the notable impact of the AI industry on these holdings. Notably, NVDA and AMD have emerged as leaders, contributing significantly to the increased presence within the top 10 holdings in XLK ETFs.
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