XNTK ETF's Dramatic Outperformance

3 months ago

Vic Letterman

"The next one is the Spider NYSE technology ETF, XNTK. Another big mouthful of a name there, but this one is dramatically outperforming the market this year. What does dramatic mean? How much of a return has this one had? So far this year, XNTK is up 39%. That's getting, you know, for a broad basket of tech stocks into massive territory. You know, 40% in a year. I I think that's a pretty good return. A great return, especially if you're looking at more conservative approach to the market. It's not 300% which is what some people have been looking for in in many different areas of the market right now. But again, for an ETF, that's a really great return."

The speaker discusses the Spider NYSE Technology ETF (XNTK), noting its impressive 39-40% year-to-date return. He contrasts these returns with the unrealistic expectations some investors have and positions this ETF as a more conservative yet high-performing option in the tech space.

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