XSD — State Street SPDR S&P Semiconductor ETF

XSD Price Performance — Growth of $10,000

Value of a $10,000 investment in XSD over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

XSD Drawdown

The "underwater" chart: XSD's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The State Street SPDR S&P Semiconductor ETF is a technology-focused fund managed by State Street Investment Management with $2.59 billion in assets under management. It holds a B grade (67.7/100) and ranks 10th out of 17 peers in its category, placing it 145th among all 458 tracked ETFs overall. The fund charges an expense ratio of 0.35%, which is slightly below the category median of 0.37%. Income generation is modest, with a dividend yield of 0.09% compared to the category median of 0.13%. The top 10 holdings represent 34.5% of assets, with the largest single position held by State Street Global Advisors at 7.9%.

The ETF has delivered strong long-term gains, with a three-year return of 149.42% and a one-year return of 71.60%, significantly outpacing the category median of 38.59%. Short-term performance shows a divergence, as the fund dropped 8.94% over the last month and 16.81% over three months despite positive year-to-date returns of 48.03%. The current price of $495.98 sits at 57.0% of its 52-week range, indicating a position midway between its low and high. The ETFValuer grade has remained unchanged at B across the last 35 tracked days. Historical price data is available for 3.0 years.

This fund exhibits Very High volatility at 46.50% annualized, accompanied by a beta of 2.78, indicating it moves nearly three times as much as the broader market. A maximum drawdown of -41.25% highlights the severity of past declines during this period. Despite the high volatility, the Sharpe ratio of 1.43 suggests that the returns generated have been efficient relative to the risk taken. Liquidity is moderate, with an average daily volume of 104,072 shares and a bid-ask spread of 0.84%.

AI-generated summary based on the data on this page.

XSD Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 34.5% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XSD's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XSD

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XSD's top 10 — PSI overlaps most, holding 3 of the same companies as XSD's top 10 (9.2% of XSD's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XSD Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.84% and average daily volume is 104K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.59B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XSD is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

XSD Performance History

How XSD Compares to Other Technology ETFs