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Sunday, August 23, 2026The Morning Brief →Sign in
XTNSPDR

SPDR S&P Transportation ETF

$108.14+1.41% today
7911852-WK

In seeking to track the performance of the S&P Transportation Select Industry Index (the "index"), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the transportation segment of the S&P Total Market Index ("S&P TMI").

Price & daily flows
109.498.587.5108.14DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$192M OVER THIS RANGE

The desk’s read

Money is leaving — −$12M walked out over the past month, about 3.3% of the fund's asset base, while the price has returned +16.6% so far this year. At 0.35% a year it is not the cheapest way in — IWR runs the same ground at 0.19%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$369Massets under management
0.35%expense ratio · $35 per $10,000 a year
−$12Mnet flow, trailing month
33Kavg daily volume, 30 days
43holdings · US-domiciled
2011listed January 25, 2011 · beta 1.22
The book at a glance
LYFT+0.4%SKYW+0.3%UNP+1.3%MATX+2.8%UBER+0.3%EXPD+0.8%NSC+1.2%CSX+1.2%UHALB-0.4%UAL+1.3%DAL+1.7%JBLU+3.2%AAL+2.2%ALGT+7.1%FDX-0.3%KEX+0.5%UPS-0.6%JBHT+0.4%LUV+1.2%ALK+0.6%SNDR+1.9%GXO+0.8%R+0.8%HUBG+1.7%XPO+0.5%WERN+2.2%KNX+3.2%ODFL+1.0%LSTR+2.3%JOBY-0.7%ARCB+3.3%CAR+1.8%RXO+4.0%FDXF+0.7%SAIA+0.7%CHRW-1.5%MRTN+1.4%GNKULCC+3.5%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1LYFTLYFT2.74%$17.47+0.4%
2SKYWSKYWEST2.93%$101.09+0.3%
3UNPUNION PACIFIC2.56%$308.05+1.3%
4MATXMATSON2.50%$222.80+2.8%
5UBERUBER2.64%$78.80+0.3%
6EXPDEXPEDITORS INTERNATIONAL OF WASHINGTON2.49%$187.81+0.8%
7NSCNORFOLK SOUTHERN2.56%$350.72+1.2%
8CSXCSX2.58%$51.59+1.2%
9UHALBAMERCO2.55%$63.05-0.4%
10UALUNITED AIRLINES HOLDINGS3.33%$113.17+1.3%
11DALDELTA AIR LINES3.08%$82.41+1.7%
12JBLUJETBLUE3.13%$4.89+3.2%
13AALAMERICAN AIRLINES GROUP3.39%$13.82+2.2%
14ALGTALLEGIANT TRAVEL3.69%$81.85+7.1%
15FDXFEDEX2.47%$325.08-0.3%

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Sector weights
Industrials95.1%
Transportation85.65%
Finance6.94%
Technology Services5.41%
Technology4.9%
Information Technology4.58%
Electronic Technology1.89%
Other0.12%
Mutual fund0.11%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-3.0%
1 month-4.6%
3 months+1.8%
6 months+3.9%
YTD+16.6%
1 year+23.5%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week−$2M
1 month−$12M
3 months+$172M
YTD+$196M
1 year+$192M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
SepOctNovDecJanFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
22%realized volatility, 30 days (annualized)
27%realized volatility, 1 year
-17.3%deepest fall from a peak, 1 year
-8.1%where it sits vs. that peak today

The top holding is 3.7% of the book; the top ten carry 31%. Spread across 44+ names, it behaves like roughly 40 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
5calls today
3puts today
0.60put/call ratio
9Kshares traded
Most-traded holdings, options premiumBullishBearish
UBER UBER$11M$12M
CAR AVIS BUDGET GROUP$1M$5M
UAL UNITED AIRLINES HOLDINGS$2M$3M
AAL AMERICAN AIRLINES GROUP$2M$2M
UNP UNION PACIFIC$3M$1M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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