XLK ETF — State Street Technology Select Sector SPDR ETF

State Street Technology Select Sector SPDR ETF (XLK)

Updated October 2, 2026.

XLK is a low-cost ETF that tracks the Technology Select Sector Index. its distribution rate is 0.44%, its trailing-12-month yield is 0.42%, its expense ratio is 0.08%. Dividend Vision Distribution Safety Score™ is 99/100 (Safe). Total return is 1579.7% over the past 27.8 years, 648.4 points ahead of SPY at 931.3%.

At the current 0.44% distribution rate, a $10,000 investment would generate approximately $44 per year, or about $11.00 per quarter if the next payment matches the last regular one.

Technology Select Sector SPDR Fund is an ETF that tracks the Technology Select Sector Index, providing exposure to information technology companies within the S&P 500 through a replication strategy that holds substantially all index constituents in their approximate index weights. The fund has a modest current distribution rate and pays distributions quarterly, with a low expense ratio of 0.08%. It appeals to investors seeking broad, low-cost exposure to the U.S. technology sector.

XLK performance versus SPY

Price and return data through 2026-10-02.

Total return is 1579.7% over the past 27.8 years, 648.4 points ahead of SPY at 931.3%. Over the past year its total return — price change plus distributions reinvested — is 40.4%. Its deepest 1-year drawdown was 15.9%.

XLK key facts

Distribution Safety Score™

99 · Safe

Safety-Adjusted Yield

0.44%

Issuer

State Street

Asset type

ETF

Asset class

Equity

Inception date

12/16/1998

Expense ratio

0.08%

Distribution rate

0.44%

Distribution frequency

Quarterly

Trailing yield

0.42%

Last close

$199.81 (as of 2026-10-02)

AUM

$127,791,744,502

Market cap

$43,684,032,512

Average volume

8941200.0

Last dividend

$0.221

Last ex-dividend date

09/21/2026

Last payment date

09/23/2026

Beta

1.5

P/E ratio

35.0163

How Dividend Vision calculates yield and returns

Distribution rate (0.44%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.42%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: State Street or company page; Index: Technology Select Sector Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

XLK risks and drawbacks

XLK's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 15.9%.

Who may consider XLK — and who may not

XLK may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (XLK pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare XLK

XLK vs similar funds:

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• XLK vs IYW
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Frequently asked questions

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