SPDR Technology ETF

XLK-N

NYSEARCA:XLK

89.49
0.59 (0.66%)

Analysis and Opinions about XLK-N

Signal
Opinion
Expert
COMMENT
COMMENT
October 29, 2019
The granddaddy of them all. It's market-cap weighted, so the top 10 holdings amount to around 40-50% of this ETF. Overall, tech is not a bad sector; there is good growth and strong balance sheets. To avoid market-cap weighting, consider RYT: the equal-weight tech index which gives you far broader diversification with the top 10 holding amounting to only 16% of this ETF.
The granddaddy of them all. It's market-cap weighted, so the top 10 holdings amount to around 40-50% of this ETF. Overall, tech is not a bad sector; there is good growth and strong balance sheets. To avoid market-cap weighting, consider RYT: the equal-weight tech index which gives you far broader diversification with the top 10 holding amounting to only 16% of this ETF.
Mike Philbrick
President, ReSolve Asset Management
Price
$83.210
Owned
Unknown
COMMENT
COMMENT
September 30, 2019

A tech ETF to anchor a portfolio? It's a little late to get into tech; tech has had its run. You're late to the party. KLX could anchor, dominated by Apple and Microsoft, but why not buy Apple instead?

SPDR Technology ETF (XLK-N)
September 30, 2019

A tech ETF to anchor a portfolio? It's a little late to get into tech; tech has had its run. You're late to the party. KLX could anchor, dominated by Apple and Microsoft, but why not buy Apple instead?

Terry Shaunessy
President & portfolio manager, Shaunessy Investment Counsel
Price
$80.530
Owned
Unknown
DON'T BUY
DON'T BUY
May 13, 2019
It tracks the tech sector in the US. We are late stages and the US market is the most expensive in the world. He would prefer something different – see Top Picks.
It tracks the tech sector in the US. We are late stages and the US market is the most expensive in the world. He would prefer something different – see Top Picks.
Tyler Mordy
President & CIO, Forstrong Global Asset Management
Price
$73.310
Owned
Unknown
COMMENT
COMMENT
January 2, 2019
A tech ETF recommendation? He likes XLK-N, which has all the big players and of course QQQ-Q and the ZQQ-T. It depends on whether you want a particular skew in Apple, Facebook, etc. The QQQ-Q provides the best diversification he thinks.
A tech ETF recommendation? He likes XLK-N, which has all the big players and of course QQQ-Q and the ZQQ-T. It depends on whether you want a particular skew in Apple, Facebook, etc. The QQQ-Q provides the best diversification he thinks.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$62.020
Owned
Unknown
DON'T BUY
DON'T BUY
November 5, 2018
XIT-T vs. XLK-T. XIT-T is a market cap ETF. XLK-T is very diversified. XIT-T will be much more volatile. He would choose XLK-T because of diversification. The top has been in place for a while so he would be worried about them both. He would stay away, but choose XLK-T if his arm was twisted.
XIT-T vs. XLK-T. XIT-T is a market cap ETF. XLK-T is very diversified. XIT-T will be much more volatile. He would choose XLK-T because of diversification. The top has been in place for a while so he would be worried about them both. He would stay away, but choose XLK-T if his arm was twisted.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$68.670
Owned
Unknown
COMMENT
COMMENT
September 21, 2018

Sell XLK to buy XLC? Don’t. Rather than reduce XLK, you may want to rebalance it down. Just buy Google and Facebook, because they’re the dominant ones. Do you really want Verizon in there? ETFs are a great vehicle, but if you take the time to look at the holdings with weightings, why pay someone else to buy something you can buy yourself.

SPDR Technology ETF (XLK-N)
September 21, 2018

Sell XLK to buy XLC? Don’t. Rather than reduce XLK, you may want to rebalance it down. Just buy Google and Facebook, because they’re the dominant ones. Do you really want Verizon in there? ETFs are a great vehicle, but if you take the time to look at the holdings with weightings, why pay someone else to buy something you can buy yourself.

Terry Shaunessy
President & portfolio manager, Shaunessy Investment Counsel
Price
$74.610
Owned
Unknown
DON'T BUY
DON'T BUY
September 6, 2018

Technology this year has outperformed everything. He thinks that Technology is facing headwinds going forward in the way of more regulation as they are seen as monopolistic giants abusing their power. He thinks this ETF is going to do OK but there is more value in other sectors. The GICS classification is changing a little and telecommunications is moving to the communications sector, so this ETF will be affected. High liquid, low cost highly efficient way to get exposure to the sector.

SPDR Technology ETF (XLK-N)
September 6, 2018

Technology this year has outperformed everything. He thinks that Technology is facing headwinds going forward in the way of more regulation as they are seen as monopolistic giants abusing their power. He thinks this ETF is going to do OK but there is more value in other sectors. The GICS classification is changing a little and telecommunications is moving to the communications sector, so this ETF will be affected. High liquid, low cost highly efficient way to get exposure to the sector.

Tyler Mordy
President & CIO, Forstrong Global Asset Management
Price
$73.830
Owned
No
BUY
BUY
August 31, 2018

Technology is a growth sector, which mitigates the seasonal fluctuations. Above average growth this year. Seasonal strength between October and end of year. Tech will benefit from cyclicality and push higher to end of the year.

Technology is a growth sector, which mitigates the seasonal fluctuations. Above average growth this year. Seasonal strength between October and end of year. Tech will benefit from cyclicality and push higher to end of the year.

Jon Vialoux
Research Analyst, CastleMoore Inc.
Price
$75.600
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
February 28, 2018

(A Top Pick March 30/17, Up 29%) You must be in the U.S. and in tech. She'll stay with it. Likes companies that offer dividend growth.

SPDR Technology ETF (XLK-N)
February 28, 2018

(A Top Pick March 30/17, Up 29%) You must be in the U.S. and in tech. She'll stay with it. Likes companies that offer dividend growth.

Veronika Hirsch
Chief Investment Officer, Arrow Capital
Price
$68.660
Owned
Yes
COMMENT
COMMENT
December 27, 2017

QQQ-Q vs XLK-N QQQ is NASDAQ, XLK is technology. You’re going to find a lot of overlap. One thing with QQQ is BMO has the Canadian Dollar edged version, the ZQQ-T. Take a look at the website of the ETFs companies and see what weightings are and pick the one you want. Both are excellent. QQQ has some Bio stocks and a whole bunch of other stuff. For a straight technology play he would choose XLK. If you want more diversification go with QQQ.

SPDR Technology ETF (XLK-N)
December 27, 2017

QQQ-Q vs XLK-N QQQ is NASDAQ, XLK is technology. You’re going to find a lot of overlap. One thing with QQQ is BMO has the Canadian Dollar edged version, the ZQQ-T. Take a look at the website of the ETFs companies and see what weightings are and pick the one you want. Both are excellent. QQQ has some Bio stocks and a whole bunch of other stuff. For a straight technology play he would choose XLK. If you want more diversification go with QQQ.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$64.180
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
December 19, 2017

(A Top Pick Oct 27/17 Up 4%.) Has done very well in 2017. We saw a correction take place back in November and that actually happens on a fairly regular basis. They exited the sector and then recently came back into it. They are looking to stay in this sector until at least the end of mid-January, if the markets corrects, he would consider exiting, but we are in a seasonal strength period for technology from October 10th until January 17th. Companies tends to spend more of their budget on technology at this time of the year driving the sector up.

SPDR Technology ETF (XLK-N)
December 19, 2017

(A Top Pick Oct 27/17 Up 4%.) Has done very well in 2017. We saw a correction take place back in November and that actually happens on a fairly regular basis. They exited the sector and then recently came back into it. They are looking to stay in this sector until at least the end of mid-January, if the markets corrects, he would consider exiting, but we are in a seasonal strength period for technology from October 10th until January 17th. Companies tends to spend more of their budget on technology at this time of the year driving the sector up.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$64.730
Owned
Yes
BUY
BUY
December 18, 2017

Technology? If looking for growth, this is probably one of the better spaces to be in. He doesn't think Tech companies are overvalued and they tend to have real earnings. As a growth component in your portfolio, it’s an excellent way to go.

SPDR Technology ETF (XLK-N)
December 18, 2017

Technology? If looking for growth, this is probably one of the better spaces to be in. He doesn't think Tech companies are overvalued and they tend to have real earnings. As a growth component in your portfolio, it’s an excellent way to go.

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$65.130
Owned
Unknown
BUY
BUY
December 7, 2017

SPDR Industrial (XLI-N) or SPDR Technology (XLK-N)? He likes the industrial space and the technology area as well. If you are asking for a very timely standpoint, technology came down a little in the last week or so, so he would probably buy this right now.

SPDR Industrial (XLI-N) or SPDR Technology (XLK-N)? He likes the industrial space and the technology area as well. If you are asking for a very timely standpoint, technology came down a little in the last week or so, so he would probably buy this right now.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$63.300
Owned
No
COMMENT
COMMENT
November 20, 2017

He likes the sector. Roughly 10% of the S&P 500 is FAANG stocks. However, Netflix is approximately 0.5%. If looking at Apple and Microsoft, they have been around for 30 years and trading at normal valuations. Facebook is about 40 P/E ratio, which is fine for a growth company. He has an issue with Amazon and Netflix which are about 200X between the 2 of them, which is crazy. Amazon is a pretty big percentage of the S&P 500 at about 2%.

SPDR Technology ETF (XLK-N)
November 20, 2017

He likes the sector. Roughly 10% of the S&P 500 is FAANG stocks. However, Netflix is approximately 0.5%. If looking at Apple and Microsoft, they have been around for 30 years and trading at normal valuations. Facebook is about 40 P/E ratio, which is fine for a growth company. He has an issue with Amazon and Netflix which are about 200X between the 2 of them, which is crazy. Amazon is a pretty big percentage of the S&P 500 at about 2%.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$63.590
Owned
Unknown
TOP PICK
TOP PICK
October 27, 2017

Chart shows a strong upward trend from the beginning of 2016. There is a seasonal period for technology, from October to mid January. This sector is leading the market, so you want to stay with some of the leaders, especially during the seasonal period.

Chart shows a strong upward trend from the beginning of 2016. There is a seasonal period for technology, from October to mid January. This sector is leading the market, so you want to stay with some of the leaders, especially during the seasonal period.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$62.540
Owned
Yes
COMMENT
COMMENT
September 25, 2017

A good way to play technology. The sector is interesting. They are probably a good portfolio filler, but if you want higher returns, he would look elsewhere.

SPDR Technology ETF (XLK-N)
September 25, 2017

A good way to play technology. The sector is interesting. They are probably a good portfolio filler, but if you want higher returns, he would look elsewhere.

Tyler Mordy
President & CIO, Forstrong Global Asset Management
Price
$57.830
Owned
Unknown
COMMENT
COMMENT
August 11, 2017

If you’ve owned this for a long period of time, you’ve done really, really well. If you look at the composition #1 is Apple, which has had a great run this year. The market is expecting high growth this year from these stocks. Given the lofty valuations on these stocks, he chose to cut his holdings in half. He wouldn’t add any fresh positions.

If you’ve owned this for a long period of time, you’ve done really, really well. If you look at the composition #1 is Apple, which has had a great run this year. The market is expecting high growth this year from these stocks. Given the lofty valuations on these stocks, he chose to cut his holdings in half. He wouldn’t add any fresh positions.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$57.100
Owned
Yes
COMMENT
COMMENT
August 8, 2017

A high technology ETF that is complementary to this? There are many, many different kinds of high technology ETF’s, but some are quite niche. PowerShares has a lot of that sort of niche stuff, which you might want to take a look at.

A high technology ETF that is complementary to this? There are many, many different kinds of high technology ETF’s, but some are quite niche. PowerShares has a lot of that sort of niche stuff, which you might want to take a look at.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$57.880
Owned
Yes
COMMENT
COMMENT
August 8, 2017

20-30 years Tech ETF for a TFSA for a 25-year-old? You could certainly be looking at this, because it has the big ones. This will change over time. You could also include some Canadian ones as well, such as iShares S&P/TSX Information Technology Capped (XIT-T).

20-30 years Tech ETF for a TFSA for a 25-year-old? You could certainly be looking at this, because it has the big ones. This will change over time. You could also include some Canadian ones as well, such as iShares S&P/TSX Information Technology Capped (XIT-T).

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$57.880
Owned
Unknown
HOLD
HOLD
June 30, 2017

All the big high techs that have been driving the market are part of this. It has been getting a bit of a beating of late, but this is just a regular pullback. He would see no reason for selling this.

All the big high techs that have been driving the market are part of this. It has been getting a bit of a beating of late, but this is just a regular pullback. He would see no reason for selling this.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$54.720
Owned
Yes
TOP PICK
TOP PICK
March 30, 2017

A technology ETF. The companies will be repatriating cash into the US and they will spend that money, making the businesses more efficient. It is weighted by market cap.

A technology ETF. The companies will be repatriating cash into the US and they will spend that money, making the businesses more efficient. It is weighted by market cap.

Veronika Hirsch
Chief Investment Officer, Arrow Capital
Price
$53.410
Owned
Yes
COMMENT
COMMENT
August 26, 2016

He likes the technology sector. The top holdings in this includes Apple, Microsoft and Facebook. This one is an older ETF in the technology space and does include some communication names such as AT&T and Verizon. You may want to look at others that strip out those communication names.

He likes the technology sector. The top holdings in this includes Apple, Microsoft and Facebook. This one is an older ETF in the technology space and does include some communication names such as AT&T and Verizon. You may want to look at others that strip out those communication names.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$47.050
Owned
Unknown
BUY
BUY
April 27, 2016

This is a good choice based on seasonality, technology and holdings like Apple, Microsoft, Facebook and Visa. There have been some really high profile misses on some of these large companies, so that gives you a buying opportunity. The rest of the ETF is spread around quite nicely. The kind of thing you want to own for a very long time.

This is a good choice based on seasonality, technology and holdings like Apple, Microsoft, Facebook and Visa. There have been some really high profile misses on some of these large companies, so that gives you a buying opportunity. The rest of the ETF is spread around quite nicely. The kind of thing you want to own for a very long time.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$43.040
Owned
No
HOLD
HOLD
February 16, 2016

Even though the ETF has been beaten up, there is no reason to sell this. He wouldn’t be overweight, possibly 2%-3%, because it is a sector.

SPDR Technology ETF (XLK-N)
February 16, 2016

Even though the ETF has been beaten up, there is no reason to sell this. He wouldn’t be overweight, possibly 2%-3%, because it is a sector.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$39.970
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 15, 2015

(A Top Pick Oct 20/15. Down 1.68%.) This sector has outperformed the market since October. It is in its seasonal period where technology tends to do well from October into the beginning of January. Chart shows that this is still above its support line and this is in a trading range. Technology can still do okay.

SPDR Technology ETF (XLK-N)
December 15, 2015

(A Top Pick Oct 20/15. Down 1.68%.) This sector has outperformed the market since October. It is in its seasonal period where technology tends to do well from October into the beginning of January. Chart shows that this is still above its support line and this is in a trading range. Technology can still do okay.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$43.320
Owned
No
PAST TOP PICK
PAST TOP PICK
December 2, 2015

(A Top Pick Dec 30/14. Up 6.81%.) He still likes the Tech sector. This is the time of the year when it tends to do fairly well.

(A Top Pick Dec 30/14. Up 6.81%.) He still likes the Tech sector. This is the time of the year when it tends to do fairly well.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$44.070
Owned
Yes
DON'T BUY
DON'T BUY
November 30, 2015

It is a fine ETF. He prefers the IYW-N because it does not include telecoms in the basket.

SPDR Technology ETF (XLK-N)
November 30, 2015

It is a fine ETF. He prefers the IYW-N because it does not include telecoms in the basket.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$43.960
Owned
Unknown
BUY
BUY
November 17, 2015

An ETF for US technology stocks? SPDR Technology (XLK-N) is a sector specific ETF with the S&P 500 technology sector. Big and mid-cap techs are working right now.

SPDR Technology ETF (XLK-N)
November 17, 2015

An ETF for US technology stocks? SPDR Technology (XLK-N) is a sector specific ETF with the S&P 500 technology sector. Big and mid-cap techs are working right now.

Cameron Hurst
Chief Investment Officer, Equium Capital Management
Price
$43.030
Owned
Unknown
TOP PICK
TOP PICK
October 28, 2015

Technology tends to do well at this time of the year. There have been some good earnings. Right now there are opportunities for it to continue to do well. In November, on average, it produces a 2.6% rate of return, and has been positive 68% of the time.

Technology tends to do well at this time of the year. There have been some good earnings. Right now there are opportunities for it to continue to do well. In November, on average, it produces a 2.6% rate of return, and has been positive 68% of the time.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$44.060
Owned
Yes
COMMENT
COMMENT
February 27, 2015

Not a bad Tech sector ETF except that there is about 10% of communication names in it, so it is not a pure play technology.

SPDR Technology ETF (XLK-N)
February 27, 2015

Not a bad Tech sector ETF except that there is about 10% of communication names in it, so it is not a pure play technology.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$43.090
Owned
Unknown
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