XTN — State Street SPDR S&P Transportation ETF

XTN Price Performance — Growth of $10,000

Value of a $10,000 investment in XTN over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

XTN Drawdown

The "underwater" chart: XTN's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The State Street SPDR S&P Transportation ETF (XTN) is an Industrials category fund managed by State Street Investment Management with $367 million in assets under management. Currently priced at $109.97, the fund carries an expense ratio of 0.35% and offers a dividend yield of 0.64%. It holds an overall rank of #373 out of 458 tracked ETFs across all categories, resulting in an ETFValuer grade of C with a score of 51.3 out of 100. Within its specific category of 9 ETFs tracked by ETFValuer, the fund's asset size and ranking suggest a moderate level of investor adoption relative to its peers. The combination of a mid-tier grade and a substantial number of tracked competitors indicates the fund faces significant competition in the Industrials space. Its current price point and asset base reflect its standing as a specialized vehicle within a broader market of 458 ETFs. The fund's cost structure and income profile remain consistent with its classification as a transportation-focused equity instrument.

Short-term performance shows negative momentum with a 1-day return of -2.68%, a 1-week decline of -4.56%, and a 1-month drop of -5.07%. This recent weakness contrasts sharply with longer-term gains, as the fund posted a 3-month return of +5.50% and a 6-month return of +14.29%. Year-to-date performance has accelerated further to +19.04%, while the 1-year return stands at +27.39%. Over a 3-year horizon, the fund has accumulated a total return of +32.58%, indicating a sustained upward trend despite recent short-term volatility. The divergence between the negative monthly figures and the positive annual metrics suggests a recent pullback following a period of strong growth. This pattern highlights a shift from short-term declines to long-term appreciation across the measured timeframes.

The fund exhibits a high volatility label alongside a beta of 1.59, indicating that its price movements tend to be significantly more pronounced than the broader market. A Sharpe ratio of 0.80 suggests the fund has generated a moderate amount of excess return per unit of risk taken over the measured period. However, the maximum drawdown of -33.70% reveals the potential for severe capital erosion during market downturns. This combination of high beta and deep drawdown implies that the ETF experiences amplified swings in both rising and falling market conditions. Investors holding this fund must be prepared for substantial price fluctuations that exceed typical market movements. The risk profile reflects a high-sensitivity asset that delivers higher returns during upswings but suffers steeper losses during corrections.

AI-generated summary based on the data on this page.

XTN Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 33.6% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XTN's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XTN

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XTN's top 10 — SPDW overlaps most, holding 1 of the same companies as XTN's top 10 (8.2% of XTN's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.61% (as of 2026-07-28) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.21 (as of 2026-07-28) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XTN Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 10.17% and average daily volume is 54K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $367M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XTN is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

XTN Performance History

How XTN Compares to Other Industrials ETFs