Published on 27 Jun 2022 on Zacks via Yahoo Finance
A smart beta exchange traded fund, the SPDR S&P Software & Services ETF (XSW) debuted on 09/28/2011, and offers 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.