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SPDR® S&P® Telecom ETF
ETF
XTL
Payout Change
Pending
Price as of:
$109.6408
+1.94
+1.8%
primary theme
Communications Sector Equity
XTL (ETF)
SPDR® S&P® Telecom ETF
Payout Change
Pending
Price as of:
$109.6408
+1.94
+1.8%
primary theme
Communications Sector Equity
XTL (ETF)
SPDR® S&P® Telecom ETF
Payout Change
Pending
Price as of:
$109.6408
+1.94
+1.8%
primary theme
Communications Sector Equity
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
38.0%
1 yr return
58.3%
3 Yr Avg Return
4.0%
5 Yr Avg Return
10.9%
Net Assets
$58.3 M
Holdings in Top 10
45.9%
52 WEEK LOW AND HIGH
$107.7
$67.65
$109.64
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 61.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
XTL - Profile
Distributions
- YTD Total Return 38.0%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 10.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.94%
- Dividend Yield 0.7%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSPDR® S&P® Telecom ETF
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateJan 26, 2011
-
Shares Outstanding700000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Feehily
Fund Description
In seeking to track the performance of the S&P Telecom Select Industry Index (the “Index”), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc. (“SSGA FM” or the “Adviser”), the investment adviser to the Fund, either may invest the Fund's assets in a subset of securities in the Index or may invest the Fund's assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index, as determined by the Adviser to be in the best interest of the Fund in pursuing its objective.Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index. In addition, in seeking to track the Index, the Fund may invest in equity securities that are not included in the Index. The Fund may also invest in cash and cash equivalents or money market instruments (including money market funds advised by the Adviser) for cash management purposes. In seeking to track the Index, the Fund's assets may be concentrated in an industry or group of industries, but only to the extent that the Index concentrates in a particular industry or group of industries. Futures contracts (a type of derivative instrument) may be used by the Fund in seeking performance that corresponds to the Index and in managing cash flows.The Index represents the telecommunications segment of the S&P Total Market Index (“S&P TMI”). The S&P TMI is designed to track the broad U.S. equity market. The telecommunications segment of the S&P TMI comprises the following sub-industries: Alternative Carriers, Communications Equipment, Integrated Telecommunication Services, and Wireless Telecommunication Services. The Index is one of twenty-one (21) of the S&P Select Industry Indices (the “Select Industry Indices”), each designed to measure the performance of a narrow sub-industry or group of sub-industries determined based on the Global Industry Classification Standard (“GICS”). Membership in the Select Industry Indices is based on the GICS classification, as well as liquidity and market cap requirements. Companies in the Select Industry Indices are classified according to GICS which determines classifications primarily based on revenues; however, earnings and market perception are also considered. The Index consists of the S&P TMI constituents belonging to the Alternative Carriers, Communications Equipment, Integrated Telecommunication Services, and Wireless Telecommunication Services sub-industries that satisfy the following criteria: (i) have a float-adjusted market capitalization greater than or equal to $500 million with a float-adjusted liquidity ratio (defined by dollar value traded over the previous 12 months divided by the float-adjusted market capitalization as of the index rebalancing reference date) greater than or equal to 90% or have a float-adjusted market capitalization greater than or equal to $400 million with a float-adjusted liquidity ratio (as defined above) greater than or equal to 150%; and (ii) are U.S. based companies. To evaluate liquidity, the dollar value traded for initial public offerings or spin-offs that do not have 12 months of trading history is annualized. The market capitalization threshold may be relaxed to ensure that there are at least 22 stocks in the Index as of the rebalancing effective date. Existing Index constituents are removed at the quarterly rebalancing effective date if either their float-adjusted market capitalization falls below $300 million or their float-adjusted liquidity ratio falls below 50%. The market capitalization threshold and the liquidity threshold are each reviewed from time to time based on market conditions. The Index is modified equal weighted. The Index rebalances and reconstitutes quarterly on the third Friday of the quarter ending month and a secondary reweighting is performed on the third to last business day of the quarter ending month. The reference date for additions and deletions is after the close of the last trading date of the previous month. The S&P TMI tracks all eligible U.S. common equities listed on the NYSE, NYSE Arca, NYSE American, NASDAQ Global Select Market, NASDAQ Global Market, NASDAQ Capital Market, Cboe BZX, Cboe BYX, Cboe EDGA, or Cboe EDGX exchanges. As of July 31, 2024, the Index comprised 39 stocks.The Index is sponsored by S&P Dow Jones Indices LLC (the “Index Provider”), which is not affiliated with the Fund or the Adviser. The Index Provider determines the composition of the Index, relative weightings of the securities in the Index and publishes information regarding the market value of the Index.
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XTL - Performance
Return Ranking - Trailing
| Period | XTL Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 38.0% | 7.0% | 39.0% | 9.68% |
| 1 Yr | 58.3% | 15.4% | 58.3% | 3.23% |
| 3 Yr | 4.0%* | -7.4% | 8.3% | 38.71% |
| 5 Yr | 10.9%* | -2.1% | 15.4% | 48.39% |
| 10 Yr | 8.1%* | 1.5% | 14.9% | 22.73% |
* Annualized
Return Ranking - Calendar
| Period | XTL Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -2.0% | -2.0% | 57.1% | 100.00% |
| 2022 | -19.8% | -49.3% | -19.8% | 3.23% |
| 2021 | 20.0% | -15.7% | 20.0% | 3.23% |
| 2020 | 21.1% | -0.5% | 46.0% | 45.16% |
| 2019 | 11.5% | -4.8% | 36.4% | 54.84% |
Total Return Ranking - Trailing
| Period | XTL Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 38.0% | 7.0% | 39.0% | 9.68% |
| 1 Yr | 58.3% | 15.4% | 58.3% | 3.23% |
| 3 Yr | 4.0%* | -7.4% | 8.3% | 38.71% |
| 5 Yr | 10.9%* | -2.1% | 15.4% | 48.39% |
| 10 Yr | 8.1%* | 1.5% | 14.9% | 22.73% |
* Annualized
Total Return Ranking - Calendar
| Period | XTL Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.2% | -1.2% | 57.1% | 100.00% |
| 2022 | -19.2% | -40.6% | -16.8% | 22.58% |
| 2021 | 21.6% | -3.8% | 21.6% | 3.23% |
| 2020 | 22.5% | 0.3% | 53.8% | 45.16% |
| 2019 | 12.5% | 12.3% | 40.1% | 96.77% |
XTL - Holdings
Concentration Analysis
| XTL | Category Low | Category High | XTL % Rank | |
|---|---|---|---|---|
| Net Assets | 58.3 M | 1.87 M | 18.1 B | 83.87% |
| Number of Holdings | 41 | 22 | 121 | 70.97% |
| Net Assets in Top 10 | 27.7 M | 663 K | 14.6 B | 83.87% |
| Weighting of Top 10 | 45.91% | 45.9% | 91.7% | 100.00% |
Top 10 Holdings
- ATT Inc 4.74%
- Lumentum Holdings Inc 4.71%
- Arista Networks Inc 4.64%
- Cogent Communications Holdings Inc 4.61%
- Frontier Communications Parent Inc 4.57%
- Verizon Communications Inc 4.55%
- Cisco Systems Inc 4.55%
- Motorola Solutions Inc 4.53%
- Ciena Corp 4.51%
- Juniper Networks Inc 4.50%
Asset Allocation
| Weighting | Return Low | Return High | XTL % Rank | |
|---|---|---|---|---|
| Stocks | 99.93% | 92.62% | 99.93% | 6.45% |
| Cash | 0.59% | 0.00% | 20.26% | 58.06% |
| Preferred Stocks | 0.00% | 0.00% | 2.86% | 93.55% |
| Other | 0.00% | 0.00% | 0.49% | 93.55% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 90.32% |
| Bonds | 0.00% | 0.00% | 2.63% | 90.32% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | XTL % Rank | |
|---|---|---|---|---|
| Technology | 58.11% | 0.00% | 58.11% | 3.23% |
| Communication Services | 41.89% | 39.28% | 100.00% | 90.32% |
| Utilities | 0.00% | 0.00% | 0.00% | 90.32% |
| Real Estate | 0.00% | 0.00% | 12.57% | 90.32% |
| Industrials | 0.00% | 0.00% | 2.78% | 96.77% |
| Healthcare | 0.00% | 0.00% | 0.00% | 90.32% |
| Financial Services | 0.00% | 0.00% | 6.60% | 90.32% |
| Energy | 0.00% | 0.00% | 2.38% | 90.32% |
| Consumer Defense | 0.00% | 0.00% | 0.00% | 90.32% |
| Consumer Cyclical | 0.00% | 0.00% | 14.61% | 96.77% |
| Basic Materials | 0.00% | 0.00% | 0.00% | 90.32% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | XTL % Rank | |
|---|---|---|---|---|
| US | 99.93% | 70.04% | 99.93% | 6.45% |
| Non US | 0.00% | 0.00% | 28.98% | 93.55% |
XTL - Expenses
Operational Fees
| XTL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.35% | 0.08% | 5.28% | 87.10% |
| Management Fee | 0.35% | 0.03% | 1.00% | 16.13% |
| 12b-1 Fee | N/A | 0.02% | 1.00% | N/A |
| Administrative Fee | N/A | 0.15% | 0.25% | N/A |
Sales Fees
| XTL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| XTL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| XTL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 61.00% | 13.00% | 75.00% | 96.30% |
XTL - Distributions
Dividend Yield Analysis
| XTL | Category Low | Category High | XTL % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.65% | 0.00% | 6.98% | 58.06% |
Dividend Distribution Analysis
| XTL | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| XTL | Category Low | Category High | XTL % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.94% | -1.39% | 2.76% | 41.94% |
Capital Gain Distribution Analysis
| XTL | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Semi-Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 23, 2024 | $0.179 | OrdinaryDividend |
| Jun 24, 2024 | $0.169 | OrdinaryDividend |
| Mar 18, 2024 | $0.190 | OrdinaryDividend |
| Dec 18, 2023 | $0.075 | OrdinaryDividend |
| Sep 18, 2023 | $0.207 | OrdinaryDividend |
| Jun 20, 2023 | $0.175 | OrdinaryDividend |
| Mar 20, 2023 | $0.184 | OrdinaryDividend |
| Dec 19, 2022 | $0.011 | OrdinaryDividend |
| Sep 19, 2022 | $0.179 | OrdinaryDividend |
| Jun 21, 2022 | $0.191 | OrdinaryDividend |
| Mar 21, 2022 | $0.223 | OrdinaryDividend |
| Dec 20, 2021 | $0.206 | OrdinaryDividend |
| Sep 20, 2021 | $0.692 | OrdinaryDividend |
| Jun 21, 2021 | $0.175 | OrdinaryDividend |
| Mar 22, 2021 | $0.197 | OrdinaryDividend |
| Dec 21, 2020 | $0.246 | OrdinaryDividend |
| Sep 21, 2020 | $0.195 | OrdinaryDividend |
| Jun 22, 2020 | $0.156 | OrdinaryDividend |
| Mar 23, 2020 | $0.151 | OrdinaryDividend |
| Dec 23, 2019 | $0.147 | OrdinaryDividend |
| Sep 23, 2019 | $0.135 | OrdinaryDividend |
| Jun 24, 2019 | $0.204 | OrdinaryDividend |
| Mar 18, 2019 | $0.158 | OrdinaryDividend |
| Dec 24, 2018 | $0.182 | OrdinaryDividend |
| Sep 24, 2018 | $0.240 | OrdinaryDividend |
| Jun 18, 2018 | $0.424 | OrdinaryDividend |
| Mar 19, 2018 | $0.343 | OrdinaryDividend |
| Dec 15, 2017 | $0.549 | OrdinaryDividend |
| Sep 15, 2017 | $0.380 | OrdinaryDividend |
| Jun 16, 2017 | $0.263 | OrdinaryDividend |
| Mar 17, 2017 | $0.227 | OrdinaryDividend |
| Dec 16, 2016 | $0.228 | OrdinaryDividend |
| Sep 16, 2016 | $0.181 | OrdinaryDividend |
| Jun 17, 2016 | $0.183 | OrdinaryDividend |
| Mar 18, 2016 | $0.177 | OrdinaryDividend |
| Dec 18, 2015 | $0.230 | OrdinaryDividend |
| Sep 18, 2015 | $0.194 | OrdinaryDividend |
| Jun 19, 2015 | $0.210 | OrdinaryDividend |
| Mar 20, 2015 | $0.143 | OrdinaryDividend |
| Dec 19, 2014 | $0.179 | OrdinaryDividend |
| Sep 19, 2014 | $0.146 | OrdinaryDividend |
| Jun 20, 2014 | $0.151 | OrdinaryDividend |
| Mar 21, 2014 | $0.118 | OrdinaryDividend |
| Dec 20, 2013 | $0.250 | OrdinaryDividend |
| Dec 21, 2012 | $1.119 | OrdinaryDividend |
| Sep 21, 2012 | $0.105 | OrdinaryDividend |
| Jun 15, 2012 | $0.146 | OrdinaryDividend |
| Mar 16, 2012 | $0.059 | OrdinaryDividend |
| Dec 16, 2011 | $0.100 | OrdinaryDividend |
| Sep 16, 2011 | $0.098 | OrdinaryDividend |
| Jun 17, 2011 | $0.094 | OrdinaryDividend |
| Mar 18, 2011 | $0.044 | OrdinaryDividend |
XTL - Fund Manager Analysis
Managers
Michael Feehily
Start Date
Tenure
Tenure Rank
Oct 31, 2011
10.59
10.6%
Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.
Karl Schneider
Start Date
Tenure
Tenure Rank
Oct 31, 2014
7.59
7.6%
Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.
Michael Finocchi
Start Date
Tenure
Tenure Rank
Jan 03, 2017
5.41
5.4%
Michael Finocchi is a Principal of SSGA and a Portfolio Manager in the Global Equity Beta Solutions Group. Prior to assuming his current role in March 2012, Mr. Finocchi was a senior manager in Portfolio Administration responsible for the operations of funds managed by the Global Equity Beta Solutions Group. Before joining SSGA in 2005, he worked for Investors Bank & Trust as a senior tax analyst following his role in custody servicing BGI. Mr. Finocchi holds a Master of Business Administration with a concentration in Finance from Boston University’s Questrom School of Business as well as a Bachelor of Arts in History and Business Studies from Providence College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 1.79 | 24.18 | 10.51 | 3.5 |
