XTN — State Street SPDR S&P Transportation ETF
Industrials Ranked #356 of 458 tracked ETFs · Issued by State Street Investment Management
XTN Price Performance — Growth of $10,000
Value of a $10,000 investment in XTN 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.
XTN Drawdown
The "underwater" chart: XTN'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.
What If You'd Invested in XTN?
See what a lump sum in XTN would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The State Street SPDR S&P Transportation ETF (XTN) is an Industrials category fund managed by State Street Investment Management with $367 million in assets under management. Currently trading at $113.61, the fund holds an overall rank of #356 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 53.4 out of 100. Investors face an expense ratio of 0.35% while receiving a dividend yield of 0.64%. The fund's asset size of $367 million places it within a category containing 9 ETFs tracked by ETFValuer. This moderate asset base suggests a specific level of investor adoption relative to the broader market. The combination of its rank and grade indicates a middle-tier standing among the available options in the sector. Its pricing and yield profile reflect the current market conditions for transportation-focused equities.
XTN has demonstrated a positive return trajectory over the longer term, with a one-year return of +30.65% and a three-year return of +32.48%. Year-to-date performance stands at +22.98%, while the six-month return is +14.33%. Shorter-term data shows a recent dip, with a one-week return of -2.17% and a one-month return of -0.27%. However, the fund recovered slightly over the last day with a +0.21% gain. The three-month return of +7.77% indicates a period of growth preceding the recent monthly fluctuation. This pattern suggests that while recent weekly and monthly periods have been volatile, the fund has maintained strong gains over the past year and three years.
The fund carries a High volatility label and a beta of 1.59, indicating that XTN experiences price movements that are significantly more pronounced than the broader market. A Sharpe ratio of 0.92 suggests the fund has generated a moderate amount of excess return per unit of risk taken over the measured period. The maximum drawdown of -33.70% highlights the potential for substantial declines during market downturns. This combination of high beta and significant drawdown implies that the ETF is sensitive to market swings and can experience sharp drops. The high volatility and beta suggest the fund amplifies market movements, while the Sharpe ratio reflects the compensation received for bearing this elevated risk.
AI-generated summary based on the data on this page.
XTN Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | State Street Global Advisors | 8.23% | $22M |
| 2 | Avis Budget Group Inc | 3.63% | $10M |
| 3 | RXO Inc | 2.90% | $8M |
| 4 | Delta Air Lines Inc | 2.83% | $8M |
| 5 | Landstar System Inc | 2.71% | $7M |
| 6 | ArcBest Corp | 2.69% | $7M |
| 7 | Matson Inc | 2.68% | $7M |
| 8 | Ryder System Inc | 2.65% | $7M |
| 9 | Kirby Corp | 2.65% | $7M |
| 10 | Schneider National Inc | 2.64% | $7M |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 33.6% 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 XTN's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With XTN
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XTN's top 10 — SPDW overlaps most, holding 1 of the same companies as XTN's top 10 (8.2% of XTN's assets).
| ETF | Name | Shared Companies | XTN Weight | Examples |
|---|---|---|---|---|
| SPDW | State Street SPDR Portfolio Developed World ex-US ETF | 1 | 8.2% | State Street Global Advisors |
| SPEM | State Street SPDR Portfolio Emerging Markets ETF | 1 | 8.2% | State Street Global Advisors |
| JNK | State Street SPDR Bloomberg High Yield Bond ETF | 1 | 8.2% | State Street Global Advisors |
| BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | 1 | 8.2% | State Street Global Advisors |
| XBI | State Street SPDR S&P Biotech ETF | 1 | 8.2% | State Street Global Advisors |
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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What XTN's Fees Cost You
XTN charges an expense ratio of 0.35% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
XTN Dividend Income Estimator
XTN currently yields 0.64%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
XTN Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 11.39% and average daily volume is 54K/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 $367M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: XTN 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.
XTN Performance History
| Period | Return |
|---|---|
| 1-Day | +0.21% |
| 1-Week | -2.17% |
| 1-Month | -0.27% |
| 3-Month | +7.77% |
| 6-Month | +14.33% |
| YTD | +22.98% |
| 1-Year | +30.65% |
| 3-Year | +32.48% |
How XTN Compares to Other Industrials ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #85 | B |
XLI | State Street Industrial Select Sector SPDR ETF | +20.35% | 0.08% | $34.0B |
| #118 | B |
ITA | iShares U.S. Aerospace & Defense ETF | +22.59% | 0.38% | $14.4B |
| #145 | B |
VIS | Vanguard Industrials Index Fund ETF Shares | +20.93% | 0.09% | $9.03B |
| #153 | B |
PAVE | Global X U.S. Infrastructure Development ETF | +26.07% | 0.47% | $14.6B |
| #168 | B |
FIDU | Fidelity MSCI Industrials Index ETF | +20.81% | 0.084% | $2.36B |
| #194 | C |
XAR | State Street SPDR S&P Aerospace & Defense ETF | +22.11% | 0.35% | $6.47B |
| #285 | C |
IYT | iShares Transportation Average ETF | +24.61% | 0.38% | $2.25B |
| #349 | C |
IYJ | iShares U.S. Industrials ETF | +12.75% | 0.38% | $1.87B |
| #356 | C |
XTN | State Street SPDR S&P Transportation ETF | +30.65% | 0.35% | $367M |