Analyzing the Performance of XLK ETF and Top Performers in Q1

Friday, 29 March 2024, 16:17

The Technology Select Sector SPDR Fund (XLK) gained 8.1% in the first quarter but underperformed the S&P 500 index. Apple, Intel, and Adobe were among the top losers, impacting the ETF's overall performance. The analysis delves into the reasons behind XLK's underperformance and highlights the key factors affecting technology stocks in the current market.
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Analyzing the Performance of XLK ETF and Top Performers in Q1

XLK ETF Performance Analysis - Q1 Review

The Technology Select Sector SPDR Fund (XLK) has gained 8.1% this year but underperformed the S&P 500 index.

Key Findings:

  • Apple, Intel, and Adobe among top losers

The in-depth analysis sheds light on the reasons behind XLK's underperformance and provides insights into the performance of key technology stocks.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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