(XSW) S&P Software - Overview
Etf: Cloud, Saas, Enterprise, Cybersecurity, Analytics
Dividends
| Dividend Yield | 0.07% |
| Yield on Cost 5y | 0.07% |
| Yield CAGR 5y | -14.21% |
| Payout Consistency | 72.4% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 44.4% |
| Relative Tail Risk | 3.21% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.77 |
| Alpha | -40.20 |
| Character TTM | |
|---|---|
| Beta | 1.277 |
| Beta Downside | 1.143 |
| Drawdowns 3y | |
|---|---|
| Max DD | 30.79% |
| CAGR/Max DD | 0.27 |
Description: XSW S&P Software December 26, 2025
The SPDR® S&P Software & Services ETF (ticker XSW) seeks to replicate the performance of the S&P Software & Services Select Industry Index by using a sampling approach. While it aims to hold substantially all of the index constituents, the fund is required to invest at least 80 % of its net assets in those securities, thereby delivering exposure to the software and services segment of the broader S&P Total Market Index.
Key sector characteristics that drive XSW’s outlook include: (1) robust corporate IT spending, with U.S. enterprise software revenue growing at a 9-10 % annualized rate in 2023-24 according to IDC; (2) accelerating adoption of cloud-based SaaS solutions, which has pushed the average revenue growth of top holdings (e.g., Microsoft, Adobe, ServiceNow) to double-digit percentages year-over-year; and (3) a relatively high concentration in large-cap firms, reflected in an average market-cap of roughly $150 billion and a weighted median forward P/E of about 22×, indicating moderate valuation relative to historical tech averages. The ETF’s expense ratio is 0.35 %, and its top ten holdings account for roughly 45 % of assets, underscoring a blend of diversification and concentration risk.
For a deeper quantitative breakdown of XSW’s holdings and risk metrics, you might explore ValueRay’s analytics platform.
What is the price of XSW shares?
Over the past week, the price has changed by -6.95%, over one month by -18.11%, over three months by -18.05% and over the past year by -20.92%.
Is XSW a buy, sell or hold?
What are the forecasts/targets for the XSW price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 144.4 | -7.2% |
XSW Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 412.6m USD (412.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 412.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 412.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 10.62% (E(412.6m)/V(412.6m) * Re(10.62%) + (debt-free company))
Discount Rate = 10.62% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)