Published on 29 Nov 2022 on Zacks via Yahoo Finance
The SPDR S&P Transportation ETF (XTN) was launched on 01/26/2011, and is a smart beta exchange traded fund designed to offer broad exposure to the Industrials ETFs category of the market.
What Are Smart Beta ETFs?
For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.