Spdr Sp Software Etf Performance
| XSW Etf | USD 162.49 2.63 1.65% |
The entity has a beta of 1.38, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SPDR SP will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SPDR SP Software has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Etf's basic indicators remain fairly stable which may send shares a bit higher in May 2025. The latest fuss may also be a sign of long-term up-swing for the fund sophisticated investors. ...more
1 | XSW Seems Better Than VGT In The Age Of DOGE - Seeking Alpha | 01/22/2025 |
2 | Should You Invest in the iShares Expanded Tech-Software Sector ETF | 02/05/2025 |
3 | U.S.-Ukraine Critical Minerals Deal 3 ETFs to Watch - The Globe and Mail | 02/27/2025 |
4 | SPDR SP Software Services declares quarterly distribution of 0.0513 | 03/24/2025 |
| In Threey Sharp Ratio | 0.22 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 18,941 in SPDR SP Software on January 1, 2025 and sell it today you would lose (2,692) from holding SPDR SP Software or give up 14.21% of portfolio value over 90 days. SPDR SP Software is generating negative expected returns assuming volatility of 1.7101% on return distribution over 90 days investment horizon. In other words, 15% of etfs are less volatile than SPDR, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SP Software, and traders can use it to determine the average amount a SPDR SP's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1383
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XSW |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR SP is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SPDR SP by adding SPDR SP to a well-diversified portfolio.
SPDR SP Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SP, and SPDR SP fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SPDR Etf performance.
| Price To Earning | 30.82 X | |||
| Price To Book | 3.80 X | |||
| Price To Sales | 2.40 X | |||
| Total Asset | 196.81 M | |||
About SPDR SP Performance
Evaluating SPDR SP's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SPDR SP has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SPDR SP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
In seeking to track the performance of the SP Software Services Select Industry Index , the fund employs a sampling strategy. SP Software is traded on NYSEARCA Exchange in the United States.| SPDR SP Software generated a negative expected return over the last 90 days | |
| Latest headline from seekingalpha.com: SPDR SP Software Services declares quarterly distribution of 0.0513 | |
| The fund keeps 99.8% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Software. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of SPDR SP Software 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.