Published on 20 Jan 2022 on Zacks via Yahoo Finance
Launched on 09/25/2000, the SPDR NYSE Technology ETF (XNTK) is a smart beta exchange traded fund offering broad exposure to the Technology ETFs category of the market.
What Are Smart Beta ETFs?
Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.