Latest news with #Software&ServicesSelectIndustryIndex
Yahoo
3 days ago
- Business
- Yahoo
Should You Invest in the SPDR S&P Software & Services ETF (XSW)?
Designed to provide broad exposure to the Technology - Software segment of the equity market, the SPDR S&P Software & Services ETF (XSW) is a passively managed exchange traded fund launched on September 28, 2011. Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors. Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Software is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 6, placing it in top 38%. Index Details The fund is sponsored by State Street Investment Management. It has amassed assets over $477.14 million, making it one of the average sized ETFs attempting to match the performance of the Technology - Software segment of the equity market. XSW seeks to match the performance of the S&P Software & Services Select Industry Index before fees and expenses. The S&P Software & Services Select Industry Index represents the software sub-industry portion of the S&P Total Stock Market Index. The S&P TMI tracks all the U.S. common stocks listed on the NYSE, AMEX, NASDAQ National Market and NASDAQ Global Select Market. The Software Index is a modified equal weight index. Costs Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.35%, making it one of the least expensive products in the space. It has a 12-month trailing dividend yield of 0.06%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Information Technology sector -- about 96.8% of the portfolio. Looking at individual holdings, Holdings Inc (BBAI) accounts for about 1.34% of total assets, followed by Cipher Mining Inc (CIFR) and Oracle Corp (ORCL). The top 10 holdings account for about 9.46% of total assets under management. Performance and Risk So far this year, XSW has lost about 2.88%, and is up roughly 28.48% in the last one year (as of 08/06/2025). During this past 52-week period, the fund has traded between $141.65 and $204.72. The ETF has a beta of 1.18 and standard deviation of 26.67% for the trailing three-year period, making it a high risk choice in the space. With about 142 holdings, it effectively diversifies company-specific risk. Alternatives SPDR S&P Software & Services ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, XSW is an excellent option for investors seeking exposure to the Technology ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well. Invesco AI and Next Gen Software ETF (IGPT) tracks STOXX WORLD AC NEXGEN SOFTWARE DEV ID and the iShares Expanded Tech-Software Sector ETF (IGV) tracks S&P North American Technology-Software Index. Invesco AI and Next Gen Software ETF has $500.03 million in assets, iShares Expanded Tech-Software Sector ETF has $11.36 billion. IGPT has an expense ratio of 0.58%, and IGV charges 0.41%. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P Software & Services ETF (XSW): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
14-03-2025
- Business
- Yahoo
D-Wave Quantum (NYSE:QBTS) Reports US$86M Q4 Loss Despite Slight Annual Sales Increase
D-Wave Quantum recently reported its fourth-quarter 2024 earnings, revealing increased net losses despite a slight year-over-year rise in annual sales. The quarterly sales dipped to USD 2.31 million from USD 2.91 million, alongside a steep rise in net loss to USD 86 million, contributing to a 38% decline in share price performance over the last quarter. The company's significant scientific breakthrough in quantum computing, announced just before the earnings report, possibly influenced its stock price performance as it demonstrated D-Wave's advancements in the quantum realm. In a broader context, while the tech sector experienced a rally, including substantial gains for companies like Nvidia and Palantir, overall market sentiment has been mixed with significant fluctuations, reflecting both the general market rebound and sector-specific challenges amid an ongoing sell-off and tariff concerns. Despite these challenges, D-Wave's inclusion in the S&P Software & Services Select Industry Index could bolster its profile amid market volatility. Unlock comprehensive insights into our analysis of D-Wave Quantum stock in this financial health report. Uncover the next big thing with financially sound penny stocks that balance risk and reward. Over the past year, D-Wave Quantum achieved a remarkable total shareholder return of 235.44%, a significant outperformance compared to both the broader US market and the US Software industry. This impressive performance comes despite not yet being profitable. Key developments that likely underpinned this performance include the company's public offering completed in January 2025, raising US$150 million, which bolstered its financial position. Additionally, its revolutionary breakthrough announced in March 2025—where D-Wave's quantum computing capabilities surpassed classical supercomputing for material simulations—solidified its technological prestige. The company's inclusion in the S&P Software & Services Select Industry Index in December 2024 enhanced its investment appeal and visibility in the market. Furthermore, partnerships with major organizations such as Japan Tobacco Inc. for quantum AI projects and Jülich Supercomputing Centre's acquisition of a D-Wave system helped reinforce its standing in the quantum landscape, driving substantial investor interest and contributing to the strong return over the past year. Invested in D-Wave Quantum? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:QBTS. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
