Spdr Morgan Stanley Etf Profile
| XNTK Etf | USD 180.86 3.12 1.76% |
Performance2 of 100
| Odds Of DistressLess than 9
|
SPDR Morgan is selling for 180.86 as of the 7th of May 2024. This is a 1.76 percent up since the beginning of the trading day. The etf's last reported lowest price was 179.09. SPDR Morgan has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for SPDR Morgan Stanley are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2024 and ending today, the 7th of May 2024. Click here to learn more.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR NYSE is traded on NYSEARCA Exchange in the United States. More on SPDR Morgan Stanley
Moving together with SPDR Etf
| 0.98 | VGT | Vanguard Information | PairCorr |
| 0.86 | XLK | Technology Select Sector | PairCorr |
| 0.87 | IYW | iShares Technology ETF | PairCorr |
| 0.71 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.82 | SOXX | iShares Semiconductor ETF | PairCorr |
| 0.62 | CIBR | First Trust NASDAQ | PairCorr |
| 0.98 | FTEC | Fidelity MSCI Information | PairCorr |
SPDR Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR Morgan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Morgan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Dividend Beast, Information Technology ETFs, Technology, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2000-09-25 |
| Benchmark | NYSE Technology Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 781.93 Million |
| Average Trading Valume | 18,357.4 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Information Technology |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Juan Acevedo |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 36.0 |
| Market Maker | IMC |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 8.39 |
| Name | SPDR Morgan Stanley Technology |
| Currency Code | USD |
| Open Figi | BBG000C9R1B2 |
| In Threey Volatility | 26.72 |
| 1y Volatility | 23.42 |
| 200 Day M A | 157.86 |
| 50 Day M A | 179.06 |
| Code | XNTK |
| Updated At | 6th of May 2024 |
| Currency Name | US Dollar |
SPDR Morgan Stanley [XNTK] is traded in USA and was established 2000-09-25. The fund is listed under Technology category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Sector ETFs. SPDR Morgan Stanley at this time have 347.94 M in net assets. , while the total return for the last 3 years was 6.6%.
Check SPDR Morgan Probability Of Bankruptcy
Geographic Allocation (%)
Top SPDR Morgan Stanley Etf Constituents
| IBM | International Business Machines | Stock | Information Technology |
| MU | Micron Technology | Stock | Information Technology |
| JD | JD Inc Adr | Stock | Consumer Discretionary |
| BKNG | Booking Holdings | Stock | Consumer Discretionary |
| AVGO | Broadcom | Stock | Information Technology |
| SNAP | Snap Inc | Stock | Communication Services |
| INTC | Intel | Stock | Information Technology |
SPDR Morgan Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of SPDR Morgan jumping above the current price in 90 days from now is about 30.1%. The SPDR Morgan Stanley probability density function shows the probability of SPDR Morgan etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR Morgan has a beta of 0.113. This entails as returns on the market go up, SPDR Morgan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Morgan Stanley will be expected to be much smaller as well. Additionally, sPDR Morgan Stanley has an alpha of 0.0338, implying that it can generate a 0.0338 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of SPDR Morgan to move above the current price in 90 days from now is about 30.1 (This SPDR Morgan Stanley probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR Morgan Top Holders
| RLGCX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
SPDR Morgan Stanley Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Morgan market risk premium is the additional return an investor will receive from holding SPDR Morgan long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Morgan. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR Morgan's alpha and beta are two of the key measurements used to evaluate SPDR Morgan's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0285 | |||
| Jensen Alpha | 0.0338 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.02) |
SPDR Morgan Against Markets
Picking the right benchmark for SPDR Morgan etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR Morgan etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR Morgan is critical whether you are bullish or bearish towards SPDR Morgan Stanley at a given time. Please also check how SPDR Morgan's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SPDR Morgan without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
How to buy SPDR Etf?
Before investing in SPDR Morgan, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR Morgan. To buy SPDR Morgan etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR Morgan. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR Morgan etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR Morgan Stanley etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SPDR Morgan Stanley etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR Morgan Stanley, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR Morgan guide.
Already Invested in SPDR Morgan Stanley?
The danger of trading SPDR Morgan Stanley is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR Morgan is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR Morgan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Morgan Stanley is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR Morgan Stanley is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SPDR Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spdr Morgan Stanley Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Morgan Stanley Etf: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Morgan Stanley. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of SPDR Morgan Stanley is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Morgan's value that differs from its market value or its book value, called intrinsic value, which is SPDR Morgan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Morgan's market value can be influenced by many factors that don't directly affect SPDR Morgan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Morgan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.