XSW: I Still Like It But Am Downgrading This ETF
The State Street SPDR S&P Software & Services ETF (XSW) has been downgraded from Buy to Hold due to ongoing underperformance despite a recent rebound. Its equal-weighted structure helps mitigate concentration risk, but it remains the smallest tech ETF on the author's watchlist. The decision reflects a cautious outlook on the ETF's future performance.
- ▪XSW was downgraded from Buy to Hold after a sharp rebound.
- ▪The ETF's diversified, equal-weighted structure limits concentration risk.
- ▪XSW is currently the smallest tech ETF on the author's watchlist.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://seekingalpha.com/"},{"@type":"ListItem","position":2,"name":"ETFs and Funds Analysis","item":"https://seekingalpha.com/etfs-and-funds"},{"@type":"ListItem","position":3,"name":"ETF Analysis","item":"https://seekingalpha.com/etfs-and-funds/etf-analysis"}]}{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://seekingalpha.com/article/4908278-xsw-i-still-like-it-but-am-downgrading-this-etf"},"author":{"@type":"Person","name":"The Intelligent ETF…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.
Discussion
0 commentsMore from Seeking Alpha
