State Street Technology Select Sector SPDR ETF (NYSE:XLK) has outperformed the market over the past 20 years by 4.84% on an annualized basis producing an average annual return of 13.13%. Currently, State Street Technology Select Sector SPDR ETF has a market capitalization of $83.43 billion.
Buying $100 In XLK: If an investor had bought $100 of XLK stock 20 years ago, it would be worth $1,182.85 today based on a price of $131.71 for XLK at the time of writing.
State Street Technology Select Sector SPDR ETF's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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