Investors will be watching technology exchange traded funds as four tech giants report earnings this week, with Apple (NasdaqGS: AAPL) set to reveal fourth-quarter results after Monday’s close.

Apple shares were up Monday ahead of the earnings report, trading around its $550 price target.

“The risks seem balanced, to the upside and downside, with good news priced in,” Colin Gillis, a tech analyst at BGC Financial, said in a Wall Street Journal article.

Facebook (NasdaqGS: FB) will issue a statement after the market close Wednesday, January 29.

Google (NasdaqGS: GOOG) and Amazon (NasdaqGS: AMZN) are set to reveal earnings after the bell Thursday, January 30

The Technology Select Sector SPDR Fund (NYSEArca: XLK) and the iShares U.S. Technology ETF (NYSEArca: IYW) both have significant weights toward the tech giants, namely Apple and Google, which make up over a quarter of each ETFs’ portfolios, but excludes Amazon, which is also considered a consumer discretionary name. XLK has 14.4% in AAPL and 9.3% in GOOG while IYW holds AAPL at 16.9% and GOOG at 10.9%. The two also include a smaller, but still significant, weight in Facebook, with XLK allocating 2.6% in FB and IYW holding 3.1%.

IYW has gained 23.6% over the past year and XLK is up 22.3%. In comparison, the broader S&P 500 Index rose 22.3% over the past year.