Why State Street Technology Select Sector SPDR ETF moves
State Street Technology Select Sector SPDR ETF fell.
Written after the close on ·
Why today
16,437 news analyzed todayState Street Technology Select Sector SPDR ETF fell.
The fund's drop was about seven times a normal day, and trading volume was about four times its usual level.
Over the same session the S&P 500 also fell very sharply, so the sell-off was broad rather than specific to this fund.
No company news explains the fund's own move in the last session, so the broader tech sell-off is the most likely driver.
The fund is heavily weighted toward large technology stocks, which are the names that drove the day's losses.
Today's move of −8.00% was 8.8 times a normal day's 0.9%. S&P 500 moved −4.41% on the same day.
State Street Technology Select Sector SPDR ETF −8.00%S&P 500 −4.41%Much weaker than the market
What the key figures say about State Street Technology Select Sector SPDR ETF
The figures connect what State Street Technology Select Sector SPDR ETF earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $0.44–$0.78.
The dividend explained
A dividend is money paid to shareholders. State Street Technology Select Sector SPDR ETF paid $0.84 per share in the twelve months through November 5, 2026.
On the ex-dividend day, September 21, 2026, State Street Technology Select Sector SPDR ETF traded without the right to the $0.22 dividend. The price went from $189.60 to $194.85; including the dividend, the day's change was +2.9%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $0.442018: $0.502019: $0.532020: $0.602021: $0.562022: $0.652023: $0.732024: $0.762025: $0.782026 so far: $0.62
$10,000 in State Street Technology Select Sector SPDR ETF bought on November 7, 2016 is worth $76,200 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,300.
What would $10,000 in State Street Technology Select Sector SPDR ETF be worth today? →
What would $10,000 in State Street Technology Select Sector SPDR ETF be worth today?
$76,200
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,300.
The five biggest days of the journey
· −13.8% · the whole market fell 12.0% the same day
· +13.4% · the whole market rose 9.5% the same day
· +11.7% · the whole market rose 9.3% the same day
· +10.2% · the whole market rose 9.4% the same day
· −9.8% · the whole market fell 9.5% the same day
Earlier days
−2.95% market −0.48% State Street Technology Select Sector SPDR ETF fell. Read →
State Street Technology Select Sector SPDR ETF fell.
It fell more than the S&P 500, which dropped only slightly over the same day.
Trading was well above its usual level, about twice a normal session.
The most likely driver is the wider sell-off in technology stocks, as investors reassessed whether heavy AI spending will pay off.
Over the last five trading days the fund fell sharply, a big move for it.
−4.89% market −1.77% State Street Technology Select Sector SPDR ETF fell. Read →
State Street Technology Select Sector SPDR ETF fell.
Over the same session, the S&P 500 fell sharply, but the ETF fell much further, moving more than the market.
The fall was about five times a normal daily swing, and trading volume ran about twice its usual level, so it was a very big day.
Likely drivers were worries about heavy AI spending by large tech firms after earnings, which hit Amazon and Intel hard, and a pull toward defensive stocks.
Over the last five trading days the ETF fell slightly, a milder decline than the big drop in the final session.
+1.70% market +0.56% State Street Technology Select Sector SPDR ETF rose. Read →
State Street Technology Select Sector SPDR ETF rose.
News from that session was mostly about AI: Oracle rose after Google TPUs came to its cloud, and credit markets watched hyperscaler updates.
Over the last five trading days XLK rose slightly, while the S&P 500 was roughly flat.
Trading volume was around its usual level, and the ETF remains well below its high from early October.