Published on 14 Mar 2024 on Zacks via Yahoo Finance
A smart beta exchange traded fund, the SPDR NYSE Technology ETF (XNTK) debuted on 09/25/2000, and offers 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.