Key stats
About SPDR S&P Telecom ETF
Expense ratio
0.35%
Home page
Inception date
Jan 26, 2011
XTL provides an equal-weight play on the US telecoms space. The fund draws it selection universe from the telecommunications segment of a broad US total market index. XTL veers away from a broad-market exposure to the segment, as a consequence of its equal-weighting scheme. Still, not all investors want to simply 'own the market', and the fund fits those who seek diversification in a segment where a handful of firms dominate. Note: Instead of replicating the index, XTL uses a sampling strategy. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Communications
Electronic Technology
Technology Services
Stock breakdown by region