What is XLK and what does it track?

State Street Technology Select Sector SPDR ETF (XLK) is an exchange-traded fund (ETF) providing diversified exposure to a basket of securities. ETFs trade on major stock exchanges like individual stocks, combining diversification with intraday flexibility.

How large is XLK in terms of assets under management?

XLK currently manages approximately $87.69B in assets. Larger funds typically benefit from higher liquidity and tighter bid-ask spreads, reducing trading costs.

Does XLK pay distributions or dividends?

XLK currently has a distribution yield of 0.54%. ETF distributions are typically paid monthly or quarterly and are passed through from income generated by the underlying holdings.

What are the costs of holding XLK?

XLK has an annual expense ratio (TER) of 0.08%. This fee is deducted directly from the fund's assets. Lower expense ratios are generally preferable, as costs compound over time. The portfolio turnover rate is 5%, reflecting how frequently holdings are replaced within a year.

What does the momentum analysis show for XLK?

The momentum analysis tracks the daily rate of change of XLK's smoothed price average. A consistently positive and rising value indicates the ETF's trend is gaining strength. A declining or negative value suggests the trend is weakening.

How often is the XLK data updated?

All data on this page is updated once per trading day after the US market closes, using official end-of-day prices.

XLK – State Street Technology Select Sector SPDR ETF

ETF

Technology | Inception: 1998-12-16

Quick Stats

Trend Signal

$183.31

Last Close

Official EOD price – basis for all calculations

▲ Long

Swing Trend

Moving average structure confirms uptrend – bulls in control

+9.34%

Signal Edge

Slim positive edge across 3 signals – treat with caution

9.4

Trend Strength (ADX)

Weak / ranging – trend signals less reliable

Options Signals

15%

IV-Rank (52w)

Options are historically cheap – premium buying favored

53% / 47%

Call / Put Flow

Neutral flow – call and put activity roughly balanced

Last Trendchange Signal

07.08.26

Date

Signal entry date

$187.97

Entry Price

Closing price at signal date

Days Held

Trading days since signal

-2.59%

+10d

Return after 10 trading days

–

+20d

Not yet reached

–

+30d

Not yet reached

–

+60d

Not yet reached

Trend Overview

Pullback to EMA21 – Potential Entry Zone Composite Score: -1 / 7

XLK is pulling back toward the 21-day EMA at $182.55 within an intact uptrend. The primary swing trend remains positive and momentum, while fading slightly, has not reversed. This kind of measured pullback to a rising EMA is a textbook continuation setup.

What to watch

The EMA21 at $182.55 is the level to watch. A bounce with renewed momentum from this zone would be a trendline entry with a clear invalidation level directly below the EMA.

Options Signal Highlight

HIGH Strength 7.5 Long Straddle 📖 View full options analysis →

Latest XLK Reports

Exchange Traded Funds - Signals XLK Signal Review: -2.59% After 10 Days, Exit Triggered

Aug 21, 2026

Exchange Traded Funds - Signals XLK Signal Follow-Up: +9.17% in 10 Days – Hold Signal Review

Apr 22, 2026

Exchange Traded Funds - Signals XLK Trade Setup: 11.60% Edge with Clear Exit Rules

Apr 08, 2026

XLK Price Chart

Technical Trend Analysis

As of 21.08.2026 · Close: $183.31 · ATR14: $2.32

Pullback to EMA21 – Potential Entry Zone Composite Score: -1 / 7

What to watch

The EMA21 at $182.55 is the level to watch. A bounce with renewed momentum from this zone would be a trendline entry with a clear invalidation level directly below the EMA.

Indicator	Signal	Detail
Swing Trend	▲ Long	Primary directional bias
Momentum	▲ Up · 13d	Strength: 0.22 – Fading
Trend Strength (ADX)	9.4 – Weak	ADX38: 14.9
Volatility (HV30)	30.1% – Calm	HV90: 32.2% \| HV180: 28.1%
Vola Compression	None	Normal range
MA Structure	Golden Cross ✓	Stack: Mostly aligned (2/3)
EMA21 Distance	~0 ATR – Near line	EMA21: $182.55
GD200 Extension	6.8 ATR – Extended	GD20: 0.1 \| GD50: 0.1 \| GD100: 2.2

⚠️ Momentum Fading

Upward momentum has been running 13 days but strength is declining (0.22). The trend is intact but losing energy.

⚪ Trend Strength – ADX14: 9.4 (Weak)

Weak or ranging market. ADX38: 14.9. Trend-following signals carry lower reliability.

🔻 Volatility Calm

HV30: 30.1% | HV90: 32.2% | HV180: 28.1%. Short-term vol is below its 90-day average. Calmer conditions favour tighter setups.

⭐ Golden Cross – Long-term Bullish

Golden Cross in place. GD50 $183.04 above GD200 $158.39 by 15.56%. Long-term structure is bullish. MA stack: Mostly aligned (2/3).

🎯 EMA21 – Reaction Zone

Price is within 0.5 ATR of the EMA21 at $182.55. Watch for a decisive bounce or break.

📏 Extended Move

6.8 ATR from the 200-day SMA. The trend may be maturing. Disciplined stop management becomes increasingly important.

📐 Key Price Levels & ATR Distance

GD20: $182.76 (0.1 ATR) | GD50: $183.04 (0.1 ATR) | GD100: $174.54 (2.2 ATR) | GD200: $158.39 (6.8 ATR). ATR14: $2.32.

Monthly Performance History

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2010	-9.93	2.31	5.14	1.43	-8.73	-4.81	7.87	-7.55	8.48	5.73	-1.72	2.98	8.25
2011	2.04	0.49	0.04	2.81	-0.68	-0.81	-1.19	-5.23	-2.36	12.74	1.30	-1.20	-0.08
2012	4.73	6.04	3.57	-2.17	-6.65	5.63	1.28	4.56	1.12	-6.14	-0.72	-0.83	11.78
2013	-1.38	-0.34	1.99	2.43	3.70	-3.87	3.19	-2.09	1.94	4.12	3.06	3.35	19.89
2014	-1.61	6.63	1.08	-0.90	3.64	1.56	0.67	3.84	-0.97	3.21	4.37	-1.57	16.84
2015	-3.32	6.90	-4.58	2.90	0.63	-4.81	2.16	-5.01	1.44	10.45	-0.18	-3.43	3.78
2016	-2.44	T -1.01	5.14	-5.75	T 4.12	-1.61	6.86	0.97	1.36	-0.46	T 1.04	3.96	14.41
2017	2.64	3.75	0.41	2.10	3.18	-3.44	T 5.19	2.40	0.54	6.35	1.40	0.69	31.07
2018	5.73	T -0.50	-2.42	2.51	T 5.46	-2.28	T 1.18	5.65	0.03	-8.44	-3.10	-10.74	-4.26
2019	T 6.87	6.28	3.73	4.93	-8.43	T 10.49	1.88	-1.03	T 2.51	4.88	4.12	5.49	47.81
2020	2.08	-8.51	-14.02	T 19.43	10.20	6.69	5.51	9.19	-7.31	T -6.00	T 11.10	3.97	39.22
2021	0.81	-1.11	-1.55	T 3.11	-0.65	7.22	3.71	3.93	-6.03	T 6.57	4.61	4.48	35.94
2022	-7.72	-5.12	T 5.26	-10.75	-2.17	-9.22	T 13.19	-6.01	-11.75	4.42	T 7.22	-8.60	-29.10
2023	T 10.30	-50.95	11.43	0.04	8.85	4.77	2.80	-1.67	T -6.96	-1.01	T 10.75	3.72	-21.92
2024	5.46	3.40	-1.18	-6.02	T 8.18	7.38	-4.01	T 4.60	7.40	0.90	4.39	-1.45	24.05
2025	T -0.50	T -0.95	-5.57	T 0.95	8.38	8.71	4.69	2.09	8.49	5.64	-5.20	T 0.56	24.13
2026	-0.29	-4.47	-4.76	T 18.23	18.01	-2.68	-5.53	T 2.96					27.03

T A T badge marks a Trendchange signal in that month. Hover for entry price.

Trendchange Signal History

The last 10 Trendchange signals for XLK:

Date	Entry Price	Days Held	+10d	+20d	+30d	+60d
07.08.26	$187.97	3d	-2.59%	+0%	+0%	+0%
08.04.26	$141.69	72d	+9.18%	+16.9%	+22.27%	+29.37%
24.12.25	$146.30	36d	-1.41%	-0.46%	-0.71%	+26.06%
08.12.25	$147.63	3d	-3.43%	+0%	+0%	+0%
29.04.25	$104.55	81d	+8.9%	+11.05%	+15.19%	+38.94%
13.02.25	$119.58	16d	-4.45%	-4.45%	-4.45%	-2.6%
22.01.25	$120.69	6d	-3.21%	+0.33%	+0%	+0%
21.08.24	$112.79	16d	-7.05%	-3.73%	-1.64%	+1.3%
09.05.24	$102.39	56d	+5.06%	+5.04%	+11.54%	+9.26%
03.11.23	$85.88	80d	+6.65%	+8.05%	+11.61%	+35.91%

Signal Statistics – Historical Edge

Calculated edge for XLK: 9.34%

Range	N	10d	20d	30d	60d	Signal
7-10%	3	+8.97%	+11.92%	+14.64%	+13.64%	Hold
5-7%	4	+5.73%	+6.37%	+8.18%	+16.47%	Hold
3-5%	1	+4.23%	+4.25%	+9.83%	+47.46%	Hold
1-3%	8	+2.01%	+3.71%	+4.86%	+10.76%	Hold
0-1%	2	+0.52%	+4.81%	+5.87%	+5.68%	Close
-1-0%	2	-0.34%	-0.78%	+0.5%	+22.5%	Neg
-3-1%	4	-1.99%	-0.47%	-0.52%	+12.49%	Neg
-5-3%	5	-3.93%	-2.54%	-1.79%	-0.52%	Neg
-10-7%	1	-7.05%	-3.73%	-1.64%	+1.3%	Neg

Exit Rules: Stoploss: -10% | Close if below 1% after 10 days

Signal data as of August 21, 2026

HIGH ALERT ● Neutral Strength: 7.5

Options Metrics

IV-Rank (52w)

15%

Bottom 20% of the past 52 weeks – options are historically cheap. Conditions favor premium buyers (Long Call, Long Put).

Call / Put Flow

53% / 47%

Call and put premium are roughly balanced. No clear directional bias from options flow.

GEX (Mio.)

3,397,420.0

Positive GEX: market makers are long gamma. They buy dips and sell rallies, which suppresses volatility and keeps price in a range.

GEX Flip Strike

$172.50 · 5.9%

The GEX flip strike is the price level where dealer gamma exposure shifts from positive to negative. A break through this level often accelerates the move.

Max Pain

$187.00 · 2%

Max Pain is the price at which the most options contracts expire worthless. As expiration approaches, price often gravitates toward this level due to dealer hedging flows.

Spot Price

$183.31

Last traded price at signal calculation time

Gamma Exposure Timeline

Key GEX levels, Max Pain, and unusual activity across weekly and monthly expirations, plotted around the current spot price.

XLK GEX timeline showing put/call gamma pins, max pain and flip strike

Key GEX levels, Max Pain, Anchor, Ceiling and unusual activity across 14-30 DTE, plotted around the current spot price.

Put and call pins mark strikes where dealer gamma exposure concentrates. The GEX flip strike is where dealer hedging shifts from stabilizing (positive gamma) to amplifying (negative gamma) price moves. Max Pain is the strike where the most options expire worthless. Dashed markers flag unusual options activity. Learn how to use these signals in our options strategy guides →

Strategy Setups – You Decide

Based on current options data, one setup stands out. Each strategy has different risk/reward characteristics – the final decision is always yours.

Setup 1 of 1 Long Straddle Full guide →

Why this fits today

IV-Rank at 15% – buying both sides is cost-effective. A subsequent vol expansion or large move benefits both legs simultaneously.

Advantages

✓ Profits from any large directional move without needing to pick a side

✓ Buying when IV is historically cheap reduces the breakeven hurdle

✓ An unexpected vol expansion benefits both the call and put simultaneously

Risks

✕ Requires a significant move to recover the combined premium paid

✕ Theta decay accelerates as expiration approaches

✕ If the stock stays flat, both legs expire worthless

▶ FAQ: Long Straddle

What is a Long Straddle?

A Long Straddle buys a call and a put at the same strike and expiration. It profits from a large move in either direction. When IV is low, the premium cost is reduced, making the breakeven easier to reach on a directional move.

Why buy a straddle when IV is low?

Low IV means you are buying the options cheaply. If IV subsequently rises - due to an event or a directional move - both legs can gain value simultaneously, giving you a double benefit. The key is entering before the vol expansion.

All setups above are personal trade journal observations derived from options flow data. This is not financial advice. The decision to trade, and which strategy to use, is entirely yours.

View full options flow data and historical signals on the Options Flow Analysis Overview →

About State Street Technology Select Sector SPDR ETF

In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

Fund Overview

Metric	Value
Assets under Management	$87.69 B
Expense Ratio	0.08%
Dividend Yield	0.54%
Portfolio Turnover	5%
YTD Return	-359.76%
3-Year Return	22.84%
5-Year Return	15.72%

Sector Allocation

Sector	Weight
Information Technology	98.9%

Top 10 Holdings

Symbol	Company	Weight
NVDA	NVIDIA CORP	15.16%
AAPL	APPLE INC	12.72%
MSFT	MICROSOFT CORP	10.12%
AVGO	BROADCOM INC	5.22%
MU	MICRON TECHNOLOGY INC	4.41%
PLTR	n/a	3.1%
AMD	ADVANCED MICRO DEVICES INC	2.84%
CSCO	CISCO SYSTEMS INC	2.76%
AMAT	APPLIED MATERIALS INC	2.45%
LRCX	LAM RESEARCH CORP	2.45%

Frequently Asked Questions – State Street Technology Select Sector SPDR ETF (XLK)

Disclaimer: All trade history on this page reflects the author's personal trading activity only. This is not financial advice. Past performance is not indicative of future results. See our full Disclaimer.