ETF guide
XLK is an exchange-traded fund that holds the technology companies within the S&P 500, giving single-trade exposure to US large-cap tech names weighted by market value.
Fund profile
XLK is an exchange-traded fund that holds the technology companies within the S&P 500, giving single-trade exposure to US large-cap tech names weighted by market value. It is designed to track the performance of the Technology Select Sector Index before fees rather than to outperform it.
The bull case
Investors point to XLK as a way to gain concentrated exposure to the US technology sector in a single, liquid position without picking individual stocks.
Key risks
As a sector fund, XLK is far less diversified than a broad-market ETF and tends to be more volatile, it is heavily concentrated in its largest holdings, and it rises and falls with the technology industry's cycle.
What moves itIts price is driven by the fortunes of the US technology sector, including software and hardware earnings, interest-rate expectations, and demand for computing and internet products.
Step by step
Create a wallet
GM Markets is non-custodial, so you connect a self-custody wallet and keep your own keys. There is no lengthy brokerage onboarding.
Fund with USDC
Add USDC to your wallet. GM Markets settles trades in stablecoins, so this becomes your buying power.
Find XLK
Search for Technology Select Sector SPDR Fund (XLK) in the GM Markets terminal to see the live order book and chart.
Place your order
Buy from as little as $1 with a market or limit order. Your XLK token is backed 1:1 by a real share held at a regulated issuer.
Hold, trade, or redeem
Your position settles on-chain and is yours. Sell any time, or hold for exposure to XLK.
Availability
Available to investors across 86 countries. Pick yours for a full step-by-step guide with local funding and currency notes.
Europe
Asia
Africa
Funding
FAQ
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Trading involves risk, including possible loss of principal. The value of tokenized assets and perpetual positions can fall as well as rise, and past performance is not indicative of future results. Perpetual futures are leveraged products and may not be suitable for every user.
GM Markets does not offer its product or services to users in the United States, or in any other restricted jurisdiction.
GM Markets does not provide financial, investment, tax, or legal advice. All investments carry risk including the loss of principal. Past performance does not guarantee future returns.
