Is State Street SPDR S&P Software & Services ETF (XSW) a Strong ETF Right Now?

The State Street SPDR S&P Software & Services ETF (XSW) is a smart beta ETF launched in 2011 that tracks the S&P Software & Services Select Industry Index. With $491.1 million in assets and a low expense ratio of 0.35%, it offers broad exposure to the software sector with 133 holdings. The fund has gained 7.91% year-to-date and 7% over the past year, but carries higher risk with a beta of 1.17 and standard deviation of 26.90%. Investors seeking lower-risk alternatives may consider traditional market cap-weighted ETFs.