SPDR S&P Internet ETF
XWEB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- MA United States of America
- IPO Date
- Jun 28, 2016
- CIK
- 0001064642
- Similar Companies
- Business
- SPDR S&P Internet ETF (XWEB) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Internet Select Industry Index. The fund tracks a modified equal-weighted index representing the internet segment of the S&P Total Market Index, comprising sub-industries such as Internet Services & Infrastructure and Interactive Media & Services; it holds approximately 32 stocks across large-, mid-, and small-cap companies, including top holdings like TripAdvisor Inc., Akamai Technologies Inc., Meta Platforms Inc. Class A, Cloudflare Inc. Class A, GoDaddy Inc. Class A, Ziff Davis Inc., Pinterest Inc. Class A, VeriSign Inc., Alphabet Inc. Cl C, and Shutterstock Inc. Launched on June 27, 2016, XWEB is issued and managed by State Street Global Advisors, a division of State Street Corporation headquartered in Boston, Massachusetts; it trades on NYSE Arca with a gross expense ratio of 0.35% and focuses on U.S.-listed internet-related equities for investors seeking targeted exposure to the internet industry. The fund serves institutional and retail investors targeting the technology and communications sectors, with assets under management reflecting unconcentrated positions across its benchmark's constituents. In recent years, the ETF has maintained its core strategy without major structural changes, name alterations, or reorganizations, continuing to replicate the S&P Internet Select Industry Index amid evolving market conditions. Holdings updates occur periodically to align with index rebalancing, as evidenced by daily data releases from State Street showing minor cash allocations and sector weights of approximately 59% in Interactive Media & Services and 41% in Internet Services & Infrastructure as of early 2024. No significant acquisitions, funding rounds, partnerships, or new product launches specific to XWEB have been reported in the last 1-2 years, with performance driven by underlying holdings amid broader internet sector volatility.