SPDR Morgan Stanley Technology (XNTK) Performance
XNTK total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +25.2% since Dec 31, 2025
- 1 year
- +23.6% total return
- 5 years
- +16.8% a year
- 10 years
- +23.2% a year
- Since first price
- +9.6% a year since 2000
XNTK trailing returns vs SPY, QQQ, AGG
| Period | XNTK total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.9% | −8.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.4% | +0.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +15.4% | +15.4% | +7.8% | +8.4% | −1.5% |
| YTD | +25.2% | +25.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +23.6% | +23.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +160.9%+37.7%/yr | +158.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +117.1%+16.8%/yr | +112.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +706.2%+23.2%/yr | +663.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +1,512.0%+20.4%/yr | +1,353.3% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +1,786.9%+15.8%/yr | +1,565.6% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionSep 29, 2000 | +980.4%+9.6%/yr | +850.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: XNTK vs SPY
From Sep 29, 2000: XNTK grew to $108,041, SPY to $84,032.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XNTK returns by calendar year
19 of 25 full years positive. Best 2020 (+73.9%), worst 2008 (−45.0%). 2026 is year to date.
XNTK annual returns table
| Year | XNTK | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +25.2% | −18.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +38.1% | −28.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +23.5% | −16.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +70.1% | −12.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −41.1% | −46.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +17.6% | −15.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +73.9% | −32.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +38.1% | −13.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −7.1% | −27.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +40.4% | −5.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +12.9% | −16.6% | +12.0% | +7.1% | +2.4% |
| 2015 | +7.3% | −11.8% | +1.2% | +9.4% | +0.5% |
| 2014 | +14.7% | −10.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +32.6% | −5.7% | +32.3% | +36.6% | −2.0% |
| 2012 | +17.7% | −15.9% | +16.0% | +18.1% | +3.8% |
| 2011 | −10.5% | −25.7% | +1.9% | +3.4% | +7.7% |
| 2010 | +15.3% | −17.9% | +15.1% | +19.9% | +6.4% |
| 2009 | +70.5% | −18.8% | +26.4% | +54.7% | +3.0% |
| 2008 | −45.0% | −53.5% | −36.8% | −41.7% | +7.9% |
| 2007 | +9.6% | −14.3% | +5.1% | +19.0% | +6.6% |
| 2006 | +9.1% | −19.4% | +15.8% | +7.1% | +3.9% |
| 2005 | +2.8% | −15.8% | +4.8% | +1.6% | +2.3% |
| 2004 | +6.6% | −24.1% | +10.7% | +10.5% | +3.8% |
| 2003 | +65.8% | −18.6% | +28.2% | +49.7% | — |
| 2002 | −43.9% | −59.3% | −21.6% | −37.4% | — |
| 2001 | −24.0% | −56.1% | −11.8% | −33.3% | — |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
XNTK largest drawdowns
Now 11.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 23, 2000 | −76.3% | Oct 7, 2002 | Jan 15, 2014 | 2.0 years | 13.2 years |
| Nov 16, 2021 | −48.3% | Oct 14, 2022 | Jan 24, 2024 | 11 months | 2.2 years |
| Feb 19, 2020 | −32.3% | Mar 16, 2020 | Jun 5, 2020 | 26 days | 4 months |
| Feb 18, 2025 | −28.1% | Apr 8, 2025 | Jun 24, 2025 | 49 days | 4 months |
| Jun 14, 2018 | −27.3% | Dec 24, 2018 | Apr 23, 2019 | 6 months | 10 months |
| Dec 1, 2015 | −21.5% | Feb 9, 2016 | Jul 20, 2016 | 2 months | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XNTK risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2000 |
|---|---|---|---|---|
| Annualized return | +41.3% | +20.1% | +24.3% | +10.0% |
| Volatility (annualized) | 25.6% | 27.4% | 23.8% | 25.5% |
| Sharpe ratio | 1.32 | 0.68 | 0.94 | — |
| Sortino ratio | 2.88 | 1.17 | 1.67 | — |
| Best month | +22.3% | +22.3% | +22.3% | +23.2% |
| Worst month | −13.7% | −14.9% | −14.9% | −23.8% |
| Best 12 months | +72.0% | +72.0% | +98.5% | +98.5% |
| Worst 12 months | +5.6% | −41.1% | −41.1% | −60.6% |
| Positive months | 67% | 58% | 63% | 58% |
| Beta vs S&P 500 | 1.65 | 1.45 | 1.30 | — |
| Correlation with S&P 500 | 0.80 | 0.83 | 0.84 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
XNTK rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 302 | −60.6% | +14.6% | +98.5% | 75% |
| 3-year (a year) | 278 | −24.3% | +13.1% | +44.6% | 87% |
| 5-year (a year) | 254 | −11.9% | +14.6% | +32.5% | 92% |
| 10-year (a year) | 194 | −4.6% | +14.4% | +26.2% | 98% |
Every holding period starting at a month-end since 2000. Returns for 3 years and longer are annualized.
XNTK performance overview
SPDR Morgan Stanley Technology (XNTK) returned +23.6% over the past year and +23.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2000 it has returned +9.6% a year, turning $10,000 into about $108,041. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −76.3%, from Oct 23, 2000 to Oct 7, 2002, and it took 11.3 years to get back to the old high. XNTK finished 19 of its 25 full calendar years with a gain; the best year was 2020 (+73.9%) and the worst 2008 (−45.0%). Volatility has been 25.5% a year.
Related: XNTK chart, XNTK holdings, XNTK dividends, XNTK valuation. See the XNTK overview for the latest quote and fund facts.
XNTK performance FAQ
What is the XNTK return over the past year?
XNTK returned +23.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 23.4%.
What is the average annual return of XNTK?
XNTK has returned +16.8% a year over 5 years, +23.2% a year over 10 years, +9.6% a year since September 29, 2000 (total return, distributions reinvested).
How much would $10,000 invested in XNTK be worth?
$10,000 invested in XNTK at its first recorded close on September 29, 2000 would be worth about $108,041 on October 23, 2026 with distributions reinvested.
What was the worst year for XNTK?
The worst calendar year was 2008, with a total return of −45.0%. The best was 2020 at +73.9%.
What is the biggest drawdown of XNTK?
The largest peak-to-trough decline was −76.3% between October 23, 2000 and October 7, 2002. It recovered to the old high on January 15, 2014, 11.3 years after the bottom.
How volatile is XNTK?
Over the past 3 years XNTK had an annualized volatility of 25.6% and a Sharpe ratio of 1.32 (excess return over 1–3 month T-bills per unit of risk).