The ETF is arguably more of a tech fund with nearly two-thirds of its weight devoted to communications equipment makers, some of which have exposure to high-growth areas of the technology sector, such as cyber security and cloud computing.
Recently, major U.S. companies, such as Home Depot (NYSE: HD), J.P. Morgan Chase (NYSE: JPM) and Target (NYSE: TGT) have been victimized by data breaches, underscoring the importance of products and services provided by cyber security providers, such as that dwell in XTL and ETFs like the PureFunds ISE Cyber Security ETF (NYSEArca: HACK).
XTL charges 0.35% per year and currently trades 4.2% above its 200-day moving average.
SPDR S&P Telecom ETF
ETF Trends editorial team contributed to this post.