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Upturn AI SWOT - About
SPDR Morgan Stanley Technology (XNTK)
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Upturn Advisory Summary
04/01/2025: XNTK (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 12.58% | Avg. Invested days 46 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 19934 | Beta 1.41 | 52 Weeks Range 162.45 - 228.76 | Updated Date 04/1/2025 |
52 Weeks Range 162.45 - 228.76 | Updated Date 04/1/2025 |
Upturn AI SWOT
SPDR Morgan Stanley Technology
ETF Overview
Overview
The SPDR Morgan Stanley Technology ETF (MTK) seeks to provide investment results that correspond generally to the price and yield performance of the Morgan Stanley Technology Index. It focuses on technology-related companies, offering exposure to a specific sector of the market with potential for growth. The ETF primarily invests in U.S. technology stocks.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long track record in the ETF market.
Management Expertise
SSGA has extensive experience in managing ETFs, including those focused on specific sectors like technology.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield performance of the Morgan Stanley Technology Index.
Investment Approach and Strategy
Strategy: MTK aims to track the Morgan Stanley Technology Index, a benchmark for technology stocks.
Composition The ETF holds a portfolio of stocks primarily in the technology sector, weighted according to the index methodology.
Market Position
Market Share: MTK's market share is relatively small compared to other broad-based technology ETFs.
Total Net Assets (AUM): 154.72
Competitors
Key Competitors
- XLK
- QQQ
- VGT
Competitive Landscape
The technology ETF market is highly competitive. MTK faces competition from larger, more liquid ETFs like XLK, QQQ, and VGT. MTK's smaller size may result in wider bid-ask spreads compared to its competitors. A key disadvantage of MTK is its relatively lower AUM, whereas the advantage of MTK is its investment in companies and sectors that are not represented by its competitors.
Financial Performance
Historical Performance: Historical performance data needs to be sourced from financial data providers.
Benchmark Comparison: MTK's performance should be compared to the Morgan Stanley Technology Index to assess tracking efficiency.
Expense Ratio: 0.35
Liquidity
Average Trading Volume
MTK's average trading volume is moderate and can affect execution costs, especially for large trades.
Bid-Ask Spread
The bid-ask spread for MTK can fluctuate but is generally manageable for typical retail investors.
Market Dynamics
Market Environment Factors
Economic indicators like interest rates, inflation, and technology sector growth significantly influence MTK's performance.
Growth Trajectory
MTK's growth depends on technology sector performance and shifts in investor sentiment.
Moat and Competitive Advantages
Competitive Edge
MTK's competitive advantage, if any, lies in its specific index tracking and potential niche exposure within the technology sector. As it tracks the Morgan Stanley Technology Index, it offers the prospect of investing in companies with significant growth potential and a focus on innovation. The ETF may offer unique exposure to specific technology sub-sectors or companies that are not as heavily represented in broader technology ETFs. MTK provides access to niche tech companies that could offer higher returns as new technologies are developed.
Risk Analysis
Volatility
Technology stocks can be more volatile than the broader market; MTK's volatility reflects this.
Market Risk
MTK faces risks associated with the technology sector, including changing consumer preferences and regulatory headwinds.
Investor Profile
Ideal Investor Profile
Investors seeking targeted exposure to the technology sector for growth potential may find MTK suitable.
Market Risk
MTK is best for investors with a higher risk tolerance and a long-term investment horizon due to the volatility associated with technology stocks.
Summary
The SPDR Morgan Stanley Technology ETF provides targeted exposure to technology stocks. Its performance is tied to the technology sector's health, making it suitable for growth-oriented investors with a higher risk tolerance. Compared to broad-based technology ETFs, MTK's niche focus could offer unique exposure but also carries higher risks. While MTK offers a focused approach, investors should be aware of its smaller size, moderate trading volume and expense ratio relative to the broader index. An important advantage to note is its investments in companies and sectors that are not represented by its competitors.
Similar Companies
- XLK
- QQQ
- VGT
- TECL
- SMH
- IGV
- SOXX
- FTEC
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA)
- Morningstar
- Yahoo Finance
- etfdb.com
Disclaimers:
This analysis is based on available data and market conditions as of the current date. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR Morgan Stanley Technology
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. The index is composed of 35 leading U.S.-listed technology-related companies.
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