Spdr Sp Telecom Etf Profile
| XTL Etf | USD 104.92 0.27 0.26% |
Performance11 of 100
| Odds Of DistressLess than 9
|
SPDR SP is selling for 104.92 as of the 21st of November 2024. This is a 0.26 percent increase since the beginning of the trading day. The etf's lowest day price was 103.79. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for SPDR SP Telecom are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
In seeking to track the performance of the SP Telecom Select Industry Index , the fund employs a sampling strategy. SP 500 is traded on NYSEARCA Exchange in the United States. More on SPDR SP Telecom
Moving together with SPDR Etf
SPDR Etf Highlights
| Thematic Idea | Sector ETFs (View all Themes) |
| Old Names | [ANOTO GROUP, ANOTO GROUP, ANOTO GROUP (XTL.SG), ANOTO GROUP - Frankfurt Stock Exchang] |
| Business Concentration | Sector ETFs, Communications, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2011-01-26 |
| Benchmark | S&P Telecom Select Industry Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 144.44 Million |
| Average Trading Valume | 14,806 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Communication Services |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Michael Finocchi |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 57.0 |
| Market Maker | IMC |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 32.06 |
| Name | SPDR SP Telecom ETF |
| Currency Code | USD |
| Open Figi | BBG001F6WLS5 |
| In Threey Volatility | 26.19 |
| 1y Volatility | 25.63 |
| 200 Day M A | 84.2225 |
| 50 Day M A | 101.84 |
| Code | XTL |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
SPDR SP Telecom [XTL] is traded in USA and was established 2011-01-26. The fund is classified under Communications category within SPDR State Street Global Advisors family. The entity is thematically classified as Sector ETFs. SPDR SP Telecom at this time have 55.72 M in net assets. , while the total return for the last 3 years was 2.4%.
Check SPDR SP Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR SP Telecom Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top SPDR SP Telecom Etf Constituents
| CCOI | Cogent Communications Group | Stock | Communication Services | |
| IRDM | Iridium Communications | Stock | Communication Services | |
| COMM | CommScope Holding Co | Stock | Information Technology | |
| S | SentinelOne | Stock | Information Technology | |
| VSAT | ViaSat Inc | Stock | Information Technology | |
| MSI | Motorola Solutions | Stock | Information Technology | |
| CALX | Calix Inc | Stock | Information Technology | |
| T | ATT Inc | Stock | Communication Services |
SPDR SP Top Holders
| CAPTX | Canterbury Portfolio Thermostat | Mutual Fund | Tactical Allocation |
SPDR SP Telecom Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1169 | |||
| Jensen Alpha | 0.0631 | |||
| Total Risk Alpha | 0.0316 | |||
| Sortino Ratio | 0.0734 |
SPDR SP Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Telecom. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of SPDR SP Telecom is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.