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The investment objective of the Fund is to achieve the net total return performance of the S&P Select Sector Capped 20% Technology Index, less fees, expenses and transaction costs. The Index represents the information technology sector of the S&P 500 Index. Its constituents are classified according to the Global Industry Classification Standard (GICS) and maintain the same classification as the parent S&P 500. The Index follows a modified market-capitalisation weighting methodology, with the weight of each constituent based on its float-adjusted market capitalisation and modified so that no constituent has a weight exceeding 19% of the Index at each quarterly rebalancing. The Fund uses unfunded swaps to obtain exposure to the Index and is an accumulating share class that reinvests income.
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VS
The investment objective of the Fund is to achieve the net total return performance of the S&P Select Sector Capped 20% Technology Index, less fees, expenses and transaction costs. The Index represents the information technology sector of the S&P 500 Index. Its constituents are classified according to the Global Industry Classification Standard (GICS) and maintain the same classification as the parent S&P 500. The Index follows a modified market capitalisation-weighted methodology, with each constituent’s weight based on its float-adjusted market capitalisation and capped so that no constituent has a weight exceeding 19% at each quarterly rebalancing. The Fund uses unfunded swaps to exchange the performance of securities held by the Fund for the performance of the Index. The Share Class is accumulating, meaning that income is reinvested rather than paid out.
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Key takeaways

The ETFs track the same security, so are effectively the same fund. $XLKS trades in dollars and £XLKQ trades in pounds; both are listed on the London Stock Exchange.

Fund highlights

Fund comparison highlights
Fund name
Invesco Technology S&P US Select SectorInvesco Technology S&P US Select Sector
USD
GBP
USD
USD
AccumulatingAccumulating
Fund size
$2.6B£1.9B
1.591.70
Last price
$1,074.60£806.86
0.14%0.14%
Fund manager
InvescoInvesco
Benchmark
S&P Select Sector Capped 20% TechNology TR IndexS&P Select Sector Capped 20% TechNology TR Index
Risk
Ticker
$XLKS£XLKQ
Primary listing
LSELSE
Documents
Costs disclosure document
Costs disclosure document
Market data provided by CBOE Europe and Deutsche Börse.

Performance

CumulativeRolling yearsLump sum investment

Sector exposure

ChartTable
$XLKS
£XLKQ

Top holdings

NVIDIA

20.20%

Apple

19.10%

Microsoft

15.10%

Broadcom

6.90%

Micron Technology

4.70%

AMD

3.20%

Intel

1.90%

Cisco Systems

1.80%

Lam Research

1.60%

Other

25.50%

NVIDIA

19.90%

Apple

19.70%

Microsoft

15.20%

Broadcom

7.20%

Micron Technology

4.40%

AMD

3.10%

Cisco Systems

1.80%

Intel

1.80%

Palantir Technologies

1.60%

Other

25.30%

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