While many legacy infrastructure funds are heavily allocated to sectors such as energy and utilities, XKII features exposure to over a dozen industry groups, many of which dwell in the industrial and technology sectors.

“The Kensho Intelligent Infrastructure Index attempts to identify companies that may benefit from a potential increase in infrastructure spending in an age of evolving technological advancements that touch every facet of our lives,” said SSgA. “The index goes beyond well-known traditional Industrial firms by including companies involved in intelligent and connected home technologies, smart power grid technology, road sensors, traffic management infrastructure and smart water meters from other GICS sectors.”

The ETF is up 3.52% year-to-date, but has recently gained momentum, returning nearly 8.50% since the start of the third quarter.

For more information on the tech segment, visit our technology category.