ETFs / XLK
What If You Had Invested in XLK 10 Years Ago?
Technology Select Sector SPDR Fund (XLK) with real monthly prices, dividends reinvested, through November 2026.
XLK $162.38 ▼ -8.00% last close, Nov 05, 2026
If you had invested $1,000 in XLK in November 2016, today it would be worth
$7,573
Same $1,000 in the S&P 500 (SPY): $3,895
If you had put $500 a month into XLK since November 2016, your $60,500 would be worth today
$184,806
Same plan in the S&P 500 (SPY): $128,888
More options in the What If calculator.
XLK live price chart
XLK returns by period
| Period | Total return | Per year | $1,000 became | SPY per year |
|---|---|---|---|---|
| Sep 21, 2026 | $0.2210 | -3.1% | ||
| Jun 22, 2026 | $0.2280 | +35.7% | ||
| Mar 23, 2026 | $0.1680 | -23.3% | ||
| Dec 22, 2025 | $0.2190 | +22.3% | ||
| Sep 22, 2025 | $0.1790 | -10.1% | ||
| Jun 23, 2025 | $0.1990 | +6.1% | ||
| Mar 24, 2025 | $0.1875 | -2.8% | ||
| Dec 23, 2024 | $0.1930 | -3.3% | ||
| Sep 23, 2024 | $0.1995 | -0.2% | ||
| Jun 24, 2024 | $0.2000 | +18.0% | ||
| Mar 18, 2024 | $0.1695 | -19.7% | ||
| Dec 18, 2023 | $0.2110 | — |
XLK year by year
Best full year: 1999 (+65.1%). Worst: 2000 (-41.9%).
| Year | XLK | SPY | What happened |
|---|---|---|---|
| 2026 (so far) | +13.2% | +8.3% | |
| 2025 | +24.6% | +17.7% | |
| 2024 | +21.6% | +24.9% | |
| 2023 | +56.0% | +26.2% | |
| 2022 | -27.7% | -18.2% | Rising interest rates hit tech stocks hard. |
| 2021 | +34.7% | +28.7% | |
| 2020 | +43.6% | +18.3% | |
| 2019 | +49.9% | +31.2% | |
| 2018 | -1.7% | -4.6% | |
| 2017 | +34.3% | +21.7% | |
| 2016 | +15.0% | +12.0% | |
| 2015 | +5.5% | +1.2% | |
| 2014 | +17.8% | +13.5% | |
| 2013 | +26.2% | +32.3% | |
| 2012 | +15.3% | +16.0% | |
| 2011 | +2.6% | +1.9% | |
| 2010 | +11.4% | +15.1% | |
| 2009 | +51.3% | +26.4% | |
| 2008 | -41.5% | -36.8% | The global financial crisis. Bank failures and a deep recession made this one of the worst years for stocks since the 1930s. |
| 2007 | +15.5% | +5.1% | |
| 2000 | -41.9% | -9.7% | The dot-com bubble burst, and technology stocks began a fall that lasted until late 2002. |
XLK: all at once or every month?
Take $12,000: all of it on day one, or $1,000 a month for a year. Across every starting month since 1998 (324 of them), the lump sum was ahead after 12 months in 240 (74%). The lump sum usually won, but roughly one start in 4 favored spreading it out. The best case for monthly investing was a start in August 2000, when it finished the year 74% ahead.
Worst drop
XLK's worst fall in this history was -80.5%, a near wipe-out, from March 2000 to September 2002. Getting back to the old high took until January 2017: 172 months from the bottom and 16.8 years from the peak. $1,000 invested at that peak shrank to about $195 at the low.
XLK dividends
XLK paid $0.84 per share over the last 12 months, quarterly. At $162.38 that is 0.51%, a small yield; nearly all of the return has come from the price. From 2020 to 2025 the yearly payout grew +5.6% a year, steadily. The yearly total fell in 2021. Amounts are adjusted for splits.
| Year | Dividends / share | Change | Yield |
|---|---|---|---|
| 2025 | $0.78 | +3.0% | 0.54% |
| 2024 | $0.76 | +4.4% | 0.66% |
| 2023 | $0.73 | +13.1% | 0.76% |
| 2022 | $0.65 | +15.0% | 1.04% |
| 2021 | $0.56 | -6.2% | 0.65% |
| 2020 | $0.60 | +13.0% | 0.92% |
| 2019 | $0.53 | +6.8% | 1.16% |
| 2018 | $0.50 | +13.4% | 1.60% |
| 2017 | $0.44 | +3.8% | 1.37% |
| 2016 | $0.42 | +10.2% | 1.74% |
Yield = each year’s dividends divided by the price at the end of the year.
XLK dividend history: last 12 payments
| Ex-dividend date | Amount | Change |
|---|---|---|
| Sep 21, 2026 | $0.2210 | -3.1% |
| Jun 22, 2026 | $0.2280 | +35.7% |
| Mar 23, 2026 | $0.1680 | -23.3% |
| Dec 22, 2025 | $0.2190 | +22.3% |
| Sep 22, 2025 | $0.1790 | -10.1% |
| Jun 23, 2025 | $0.1990 | +6.1% |
| Mar 24, 2025 | $0.1875 | -2.8% |
| Dec 23, 2024 | $0.1930 | -3.3% |
| Sep 23, 2024 | $0.1995 | -0.2% |
| Jun 24, 2024 | $0.2000 | +18.0% |
| Mar 18, 2024 | $0.1695 | -19.7% |
| Dec 18, 2023 | $0.2110 | — |
Stock splits
- December 2025: 2-for-1
About XLK
| Issuer | State Street |
| Launched | December 1998 |
| Tracks | Technology Select Sector Index |
| Expense ratio | 0.08% |
| Holdings | About 70 S&P 500 technology companies |
Fund details as of 2025. Check the issuer for the current expense ratio and holdings.
XLK holds only the technology companies inside the S&P 500, so it is narrower than VGT and even more concentrated in the biggest names. Its long history goes back to the late 1990s, through the dot-com crash.
Sector funds like XLK can beat the market for years and then give much of it back. Comparing XLK with SPY over different start dates shows how timing changes the result.
Questions about XLK
How much would $10,000 invested in XLK 20 years ago be worth today?
About $179,016 with dividends reinvested, invested at the November 2006 close: 1690.2% in total, or 15.5% a year.
When does XLK pay dividends?
In the last 12 months the payments went out in March, June, September and December, $0.84 per share in total.
Did XLK beat the S&P 500?
Yes. Over the last 20 years it was ahead by 4.9 percentage points a year: +15.5% a year for XLK against +10.6% for SPY, dividends reinvested. It also fell harder at its worst (-80.5% against -50.8% for SPY over the same history).