Published on 2 Nov 2022 on Zacks via Yahoo Finance
Making its debut on 09/28/2011, smart beta exchange traded fund SPDR S&P Software & Services ETF (XSW) provides investors broad exposure to the Technology ETFs category of the market.
What Are Smart Beta ETFs?
Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.