Which is the Better Tech ETF?
The State Street Technology Select Sector SPDR ETF (NYSEMKT:XLK) and iShares Semiconductor ETF (NASDAQ:SOXX) differ most in cost, performance, and concentration: SOXX charges higher fees and is more volatile, but recently outperformed and offers a pure-play semiconductor portfolio, while XLK is cheaper, larger, and covers the broader tech space.
Both XLK and SOXX target the technology sector, but approach it from different angles. XLK tracks the S 500’s technology slice, giving exposure to a wide tech mix, while SOXX zeroes in on U.S.-listed semiconductor companies.
Beta measures price volatility relative to the S 500; Beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months.
Source Fool.com