SPDR® S&P Retail ETF company info

What does SPDR® S&P Retail ETF do?
The SPDR® S&P Retail ETF (NYSEARCA:XRT) offers investors exposure to the retail sector of the U.S. economy, comprising a diverse range of companies involved in the selling of goods through both online and brick-and-mortar stores. By tracking the S&P Retail Select Industry Index, it encompasses various sub-industries such as apparel, automotive parts, department stores, and internet retail, aiming to replicate the performance of the retail market. The objective of SPDR® S&P Retail ETF is to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Retail Select Industry Index, offering shareholders a comprehensive approach to investing in the retail industry. Through its focused yet diversified portfolio, XRT strives to capitalize on industry trends and consumer behavior patterns, making it a targeted choice for investors looking to tap into the retail sector's potential.
SPDR® S&P Retail ETF company media
Company Snapshot

Is SPDR® S&P Retail ETF a public or private company?

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Ownership
Public

How many people does SPDR® S&P Retail ETF employ?

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Employees
2,307

What sector is SPDR® S&P Retail ETF in?

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Sector
ETF

Where is the head office for SPDR® S&P Retail ETF?

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Head Office
Boston, United States

What year was SPDR® S&P Retail ETF founded?

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Year Founded
2006
What does SPDR® S&P Retail ETF specialise in?
/Retail Sector /Investment Fund /Index Tracking /Portfolio Diversification /Risk Management /Financial Service

What are the products and/or services of SPDR® S&P Retail ETF?

Overview of SPDR® S&P Retail ETF offerings
Tracks S&P Retail Select Industry Index: XRT tracks the S&P Retail Select Industry Index. This index includes companies from various segments of the retail industry in the U.S., such as department stores, clothing retailers, e-commerce companies, and specialty stores.
Exposure to U.S. Retail Sector: By investing in XRT, you gain indirect exposure to the performance of many companies within the U.S. retail sector. The value of XRT is influenced by factors affecting consumer spending, retail industry trends, and the performance of the companies within the underlying index.
Equal-Weighting (Unique Feature): Unlike most ETFs that weight holdings based on market capitalization (where larger companies have a bigger influence), XRT uses an equal-weighting methodology. This means each company within the index has an approximately equal allocation, potentially offering broader exposure across various segments of the retail sector and potentially reducing the influence of any single large retailer.
Diversification Within Retail: By holding a basket of retail companies, XRT offers diversification within this sector, reducing concentration risk on any single company.
Passive Management: XRT likely tracks the index passively. This means the holdings are automatically adjusted to reflect the index composition, potentially resulting in lower fees compared to actively managed retail sector funds.
Potential for Capital Appreciation: The value of XRT can potentially grow over time as the underlying retail companies' stock prices increase. However, the retail sector can be cyclical and sensitive to economic conditions.