As of September 27, 2026, State Street SPDR S&P Semiconductor ETF (XSD) trades at $540.74. RSI at 68 is in neutral territory, and the price is above its 50-day average of $504.60.
State Street SPDR S&P Semiconductor ETF (XSD)
State Street SPDR S&P Semiconductor ETF NYSE
State Street SPDR S&P Semiconductor ETF (XSD) offers focused exposure to the U.S. semiconductor industry, tracking the S&P Semiconductor Select Industry Index. The fund employs an equal-weight approach, which mitigates concentration risk in its largest holdings, providing a diversified way to access semiconductor manufacturers, designers, and equipment providers. Managed by State Street Investment Management, XSD is a key vehicle for sector-specific allocations within technology-focused portfolios.
The ETF's price action shows a strong positive trend, with its current price well above its 50-day and 200-day moving averages ($504.60 and $450.56). This technical posture, combined with the critical role of semiconductors in the current technology market, suggests continued investor interest and potential for further gains.
XSD Price Analysis
Market Metrics
XSD Fund Facts
State Street SPDR S&P Semiconductor ETF is an exchange-traded fund that provides focused exposure to the U.S. semiconductor industry. The fund seeks to track the performance of the S&P Semiconductor Select Industry Index, which is designed to represent semiconductor companies within the broader U.S. market and uses an equal-weight approach that reduces concentration in the largest holdings.
Sector weights
Trailing returns vs category
| Period | XSD | Category |
|---|---|---|
| YTD | 51.00% | 13.51% |
| 1 month | -0.34% | 19.10% |
| 3 months | -20.78% | 10.83% |
| 1 year | 69.93% | 54.99% |
| 3 years | 31.85% | 27.86% |
| 5 years | 19.43% | 9.93% |
| 10 years | 25.73% | 19.36% |
Fund reference data as of Sep 27, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
XSD Analysis
At 67.72, XSD's RSI is in bullish territory, indicating strong upward momentum. The ETF is trading above its 20-day, 50-day, and 200-day simple moving averages, with the 50-day SMA at $504.60 and the 200-day SMA at $450.56. The price is also above its 20-day EMA at $508.87.
The Stochastic indicator at 93.82 suggests the ETF is approaching overbought conditions, but the overall trend remains strongly bullish. The MACD at 6.54 further supports the positive momentum. With a volume that is currently below its average, the strength of the current trend will be tested on increased trading activity.
- Monitor the RSI for potential overbought conditions, although strong uptrends can persist.
- Keep an eye on the semiconductor sector's overall earnings reports for signs of fundamental strength or weakness.
- Consider the impact of geopolitical events on global semiconductor supply chains.
- XSD's equal-weighting offers diversification but can lead to higher volatility compared to market-cap weighted ETFs.
The outlook for XSD remains positive, driven by the continued importance of semiconductors in technological advancement and the ETF's strong technical positioning. The fund's price is trading well above key moving averages, supported by bullish momentum indicators like the RSI.
The semiconductor sector is expected to benefit from ongoing demand in areas such as artificial intelligence, cloud computing, and advanced electronics. While potential headwinds include supply chain disruptions and cyclical demand fluctuations, the secular growth trend provides a favorable backdrop for XSD over the next 6-12 months. Key resistance levels will be closely watched as the ETF seeks to build on its current upward trajectory.
Market Correlations
How this etf moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
How does any other asset move with XSD? One year of daily closes, Pearson correlation.
Key Statistics
| Net Assets (Market Cap) | 1.65B |
|---|---|
| Yield | 0.15% |
| Day High | $545.15 |
| Day Low | $530.95 |
| 52 Week High | 658.14 |
| 52 Week Low | 280.83 |
XSD is heavily concentrated in the Technology sector, with 98.41% of its assets allocated to it, and a minor 1.59% in Industrials. This focus provides direct exposure to the performance drivers within the semiconductor industry, a critical component of the broader technology market. The fund's equal-weight methodology ensures that a wider range of semiconductor companies contribute to its performance, rather than being dominated by a few mega-cap stocks.
The expense ratio for XSD is 0.35%, costing $35.00 per $10,000 invested, which is competitive for sector-specific ETFs. With net assets of $2,594,918,656, the fund is substantial and liquid. The dividend yield is currently 0.15%, offering a small income component to its total return strategy.
Earnings & Growth Analysis
However, the performance of its underlying holdings, which are semiconductor companies, is directly tied to the earnings trends within this vital technology sub-sector. The semiconductor industry is characterized by cyclicality but also by long-term secular growth trends driven by demand for advanced computing, AI, and data processing.
The aggregate earnings performance of the companies within the S&P Semiconductor Select Industry Index will dictate the fund's overall trajectory. Positive earnings surprises or strong forward guidance from key semiconductor players would likely translate into upward price movement for XSD, while negative trends could pressure its performance.
Key Risks
The primary risk for XSD is its high concentration in the technology sector, specifically semiconductors. This makes the ETF vulnerable to sector-specific downturns, regulatory changes impacting chip manufacturing or sales, and geopolitical tensions affecting global supply chains.
Additionally, the ETF's equal-weighting strategy, while reducing single-stock risk, means that smaller companies within the index can have a disproportionate impact on performance compared to market-cap weighted funds. Volatility inherent in the semiconductor industry also presents a risk, as demand can fluctuate rapidly based on technological advancements and consumer spending.
Technical Indicators
| RSI (14) | 67.72 |
|---|---|
| MACD | 6.54 |
| SMA 50 | 504.60 |
| SMA 200 | 450.56 |
XSD Trade Plans
Specific entry, exit, and risk management levels
Long entry pick an entry style
Risk Management
Profit Targets (Based on Conservative Entry)
Growth of $10,000
A $10,000 investment in XSD in September 2016 would be worth about $103,769 today, compared with about $35,782 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in XSD today could grow to about $39,844 by 2036 in the base case, with a bull case near $173,130 and a bear case around $9,170. Projections are statistical simulations, not guarantees.
XSD ETF Price Prediction: 2030
CleaRank's simulation projects a price near $940 for XSD by 2030 in the base case, from $541 today (1.7x over 4 years). The downside path ends near $371. These are outcomes of a Monte Carlo simulation run on XSD's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | Downside (10th pct) | Base case | Upside (90th pct) |
|---|---|---|---|
| 2027 | $390 | $621 | $988 |
| 2028 | $370 | $713 | $1,375 |
| 2029 | $366 | $819 | $1,830 |
| 2030 | $371 | $940 | $2,380 |
| 2031 | $382 | $1,079 | $3,050 |
| 2032 | $397 | $1,239 | $3,867 |
| 2033 | $416 | $1,423 | $4,865 |
| 2034 | $439 | $1,634 | $6,080 |
| 2035 | $466 | $1,876 | $7,561 |
| 2036 | $496 | $2,155 | $9,362 |
Method: 10,000 simulated price paths using XSD's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.