Share-split context: A forward split was recorded on Sep 11, 2015 with coefficient 2. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.

What this ETF is trying to do

The STATE STREET(R) SPDR(R) NYSE TECHNOLOGY ETF (XNTK) is an exchange-traded fund that invests in technology companies. Based on its top holdings, it focuses on companies involved in semiconductors, software, and hardware.

What the numbers show

As of October 7, 2026, the share price was $390.90. This ETF has a history of forward splits. In a forward split, each old share becomes multiple new shares, and the price per share drops proportionally. This does not create a gain or loss; it just changes how many shares an investor owns. Because of this history, the performance numbers below are "split-adjusted."

Price Return (Change in share price only):

• Year-to-Date: Approximately 40.67%

• One Year: Approximately 40.25%

• Three Year: Approximately 180.30%

Total Return (Includes price change and distributions):

• Year-to-Date: Approximately 40.82%

• One Year: Approximately 40.48%

• Three Year: Approximately 182.86%

• Five Year: Approximately 150.76%

Income and Distribution Explanation

This ETF usually pays distributions quarterly. Over the last 12 months, it had 4 payouts. The distribution yield is approximately 0.13%.

It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment value will stay the same. In this case, the yield is very low compared to the price growth.

NAV Erosion Explanation

"NAV erosion" happens when the net asset value of a fund declines over time, which can be a risk for some income-focused funds. XNTK has an erosion-risk score of 100, and the erosion severity is listed as "good." The data shows "No price erosion detected," and the severe erosion-risk flag is false.

Top Holdings

The holdings list is partial, meaning only the largest companies are shown. As of October 8, 2026, the top holdings included:

• Micron Technology Inc: 9.31%

• Intel Corp: 6.14%

• Marvell Technology Inc: 6.08%

• Advanced Micro Devices Inc: 5.40%

• Lam Research Corp: 4.30%

Pros

• Strong split-adjusted price and total returns over the last one, three, and five years.

• No detected price erosion according to the erosion-risk score.

Cons

• Very low distribution yield for investors seeking high current income.

Beginner Takeaway

XNTK is a technology-focused fund that has seen significant price growth over several years. While it pays a small amount of cash income, its primary movement has been in its share price rather than its distributions.