Published on 13 Mar 2023 on Zacks via Yahoo Finance
Designed to provide broad exposure to the Industrials - Transportation/Shipping segment of the equity market, the SPDR S&P Transportation ETF (XTN) is a passively managed exchange traded fund launched on 01/26/2011.
While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.