XSW vs. IYW ETF Comparison

Comparison of SPDR S&P Software & Services ETF (XSW) to iShares U.S. Technology ETF (IYW)

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$180.99

Average Daily Volume

13,011

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

IYW

iShares U.S. Technology ETF

IYW Description

The investment seeks to track the investment results of an index composed of U.S. equities in the technology sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Technology Index (the "underlying index"), which measures the performance of the technology sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$155.23

Average Daily Volume

685,812

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

Performance

Period	XSW	IYW
30 Days	11.57%	3.50%
60 Days	18.61%	8.66%
90 Days	20.99%	7.90%
12 Months	39.05%	38.70%

57 Overlapping Holdings

Symbol	Grade	Weight in XSW	Weight in IYW	Overlap
ADBE	C	0.57%	1.83%	0.57%
ADSK	B	0.7%	0.55%	0.55%
ANSS	B	0.68%	0.25%	0.25%
APP	B	1.33%	0.63%	0.63%
APPF	B	0.62%	0.04%	0.04%
BSY	F	0.63%	0.06%	0.06%
CDNS	B	0.68%	0.68%	0.68%
CFLT	B	0.83%	0.05%	0.05%
CRM	B	0.74%	2.51%	0.74%
CRWD	B	0.78%	0.62%	0.62%
CTSH	A	0.64%	0.33%	0.33%
DBX	B	0.69%	0.05%	0.05%
DDOG	B	0.72%	0.31%	0.31%
DLB	D	0.64%	0.04%	0.04%
DOCU	B	0.82%	0.13%	0.13%
DT	C	0.65%	0.13%	0.13%
DV	C	0.69%	0.02%	0.02%
DXC	B	0.65%	0.03%	0.03%
EPAM	B	0.7%	0.11%	0.11%
ESTC	C	0.69%	0.06%	0.06%
FIVN	C	0.7%	0.02%	0.02%
FTNT	B	0.68%	0.48%	0.48%
GEN	B	0.68%	0.13%	0.13%
GTLB	B	0.68%	0.06%	0.06%
GWRE	A	0.69%	0.13%	0.13%
HCP	A	0.61%	0.04%	0.04%
HUBS	B	0.8%	0.27%	0.27%
IBM	D	0.61%	1.63%	0.61%
INFA	F	0.65%	0.01%	0.01%
INTU	A	0.63%	1.56%	0.63%
IT	B	0.64%	0.34%	0.34%
KD	A	0.73%	0.05%	0.05%
MANH	C	0.65%	0.14%	0.14%
MSFT	C	0.6%	13.93%	0.6%
MSTR	B	1.16%	0.35%	0.35%
NCNO	B	0.87%	0.03%	0.03%
NOW	A	0.7%	1.72%	0.7%
NTNX	B	0.73%	0.14%	0.14%
ORCL	A	0.7%	2.48%	0.7%
PANW	B	0.68%	1.0%	0.68%
PATH	C	0.65%	0.05%	0.05%
PCOR	B	0.75%	0.06%	0.06%
PEGA	B	0.78%	0.03%	0.03%
PLTR	B	0.95%	0.98%	0.95%
PTC	B	0.67%	0.19%	0.19%
RNG	C	0.8%	0.03%	0.03%
ROP	A	0.63%	0.5%	0.5%
S	B	0.75%	0.06%	0.06%
SMAR	A	0.65%	0.06%	0.06%
SNPS	C	0.71%	0.71%	0.71%
TDC	F	0.63%	0.02%	0.02%
TEAM	B	0.87%	0.31%	0.31%
TYL	B	0.64%	0.22%	0.22%
U	F	0.68%	0.05%	0.05%
WDAY	B	0.63%	0.45%	0.45%
ZM	B	0.72%	0.18%	0.18%
ZS	B	0.7%	0.15%	0.15%

XSW Overweight 77 Positions Relative to IYW

Symbol	Grade	Weight
CIFR	C	1.37%
WULF	C	1.18%
NNBR	C	1.08%
RIOT	C	1.05%
FRSH	B	0.9%
RBRK	B	0.89%
CLSK	C	0.88%
SOUN	B	0.87%
VERX	B	0.86%
CWAN	B	0.83%
QTWO	B	0.83%
INTA	B	0.81%
IDCC	B	0.8%
PRO	C	0.79%
APPN	C	0.77%
BILL	B	0.77%
ZETA	F	0.76%
ALKT	C	0.76%
QLYS	B	0.75%
ACIW	B	0.74%
WK	B	0.74%
AI	C	0.73%
MARA	B	0.73%
RPD	C	0.73%
TTWO	A	0.72%
DJCO	B	0.72%
ALTR	C	0.72%
BL	B	0.72%
CVLT	B	0.71%
PRGS	A	0.71%
FICO	B	0.71%
AGYS	B	0.7%
RBLX	B	0.7%
ASAN	C	0.7%
BLND	B	0.69%
PD	C	0.69%
ATEN	A	0.69%
SPT	C	0.68%
ZUO	B	0.68%
SWI	B	0.67%
EA	A	0.67%
MITK	C	0.67%
PLTK	B	0.67%
AUR	D	0.66%
RAMP	C	0.66%
IOT	B	0.66%
TENB	C	0.65%
VYX	B	0.65%
QXO	D	0.65%
ASGN	D	0.65%
OLO	B	0.65%
SEMR	F	0.64%
ACN	B	0.63%
ALRM	C	0.63%
OSPN	B	0.63%
BOX	A	0.62%
MLNK	C	0.62%
GDYN	C	0.61%
BRZE	C	0.61%
INST	B	0.61%
ENV	B	0.61%
BLKB	C	0.6%
YEXT	B	0.6%
VRNS	C	0.6%
CXM	C	0.59%
JAMF	F	0.59%
NABL	F	0.58%
SPSC	F	0.58%
IBUY	B	0.57%
YOU	D	0.57%
VRNT	D	0.55%
ETWO	F	0.47%
WEAV	C	0.47%
DMRC	C	0.42%
CCSI	B	0.41%
HCKT	B	0.39%
LGTY	B	0.26%

XSW Underweight 83 Positions Relative to IYW

Symbol	Grade	Weight
NVDA	A	-15.44%
AAPL	C	-14.6%
META	B	-3.94%
AVGO	C	-3.4%
GOOGL	C	-2.59%
GOOG	C	-2.19%
AMD	F	-1.98%
TXN	B	-1.67%
QCOM	F	-1.59%
AMAT	F	-1.33%
MU	D	-1.03%
INTC	C	-0.93%
ADI	D	-0.93%
LRCX	F	-0.85%
KLAC	F	-0.77%
APH	B	-0.73%
MRVL	B	-0.67%
DASH	A	-0.49%
VRT	B	-0.37%
SNOW	C	-0.32%
MCHP	F	-0.32%
GLW	B	-0.31%
MPWR	F	-0.3%
HPQ	B	-0.3%
DELL	C	-0.3%
ON	F	-0.25%
HPE	B	-0.24%
NET	B	-0.23%
LDOS	C	-0.22%
CDW	F	-0.22%
GDDY	B	-0.21%
NTAP	D	-0.21%
WDC	D	-0.19%
MDB	C	-0.17%
PINS	F	-0.15%
PSTG	D	-0.14%
TOST	A	-0.14%
TER	F	-0.14%
VRSN	C	-0.13%
TWLO	B	-0.13%
ENTG	F	-0.13%
SSNC	C	-0.13%
FFIV	B	-0.12%
SWKS	F	-0.12%
COHR	C	-0.12%
JBL	C	-0.12%
AKAM	F	-0.11%
PAYC	B	-0.1%
DAY	B	-0.1%
SMCI	F	-0.1%
OKTA	C	-0.1%
CACI	C	-0.1%
DOX	C	-0.09%
SNX	C	-0.08%
KBR	D	-0.08%
GLOB	B	-0.08%
MTCH	F	-0.07%
CART	C	-0.07%
OLED	F	-0.07%
ONTO	F	-0.07%
QRVO	F	-0.06%
LSCC	D	-0.06%
MTSI	B	-0.06%
SAIC	D	-0.06%
CRUS	F	-0.05%
ARW	F	-0.05%
AZPN	A	-0.05%
GFS	C	-0.04%
AVT	C	-0.04%
CCCS	B	-0.04%
PSN	C	-0.04%
AMKR	F	-0.03%
DNB	B	-0.03%
ZI	C	-0.03%
IAC	F	-0.03%
DJT	C	-0.02%
CLVT	F	-0.02%
CNXC	F	-0.02%
ALAB	C	-0.02%
IPGP	C	-0.02%
ALGM	F	-0.02%
PYCR	B	-0.01%
WOLF	F	-0.01%

IYW: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Data Storage Computer Systems Conglomerates Diversified Industrials Electronic Components Internet Content & Information Telecom Services Business Services Communication Equipment Computer Hardware Consumer Electronics Contract Manufacturers Electronics & Computer Distribution Electronics Distribution