Here’s How Much $1000 Invested In State Street Technology Select Sector SPDR ETF 20 Years Ago Would Be Wo

State Street Technology Select Sector SPDR ETF (NYSE:XLK) has outperformed the market over the past 20 years by 6.41% on an annualized basis producing an average annual return of 15.85%. Currently, State Street Technology Select Sector SPDR ETF has a market capitalization of $121.87 billion.

Buying $1000 In XLK: If an investor had bought $1000 of XLK stock 20 years ago, it would be worth $18,859.74 today based on a price of $186.50 for XLK at the time of writing.

State Street Technology Select Sector SPDR ETF’s Performance Over Last 20 Years

Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.