If You'd Invested $1,000 in the Technology Select Sector SPDR Fund (XLK) 10 Years Ago, Here's How Much You'd Have Today

• Stocks successful the Technology Select Sector SPDR Fund (XLK) see Nvidia and Microsoft.

• These stocks present devour a ample information of the broader benchmark S&P 500 index.

• They are liable for driving the marketplace higher implicit the past 3 years.

• 10 stocks we similar amended than Select Sector SPDR Trust - The Technology Select Sector SPDR Fund ›

I don't request to archer investors that tech stocks person wide outperformed implicit the past decade. While it whitethorn person begun with software, the marketplace has present rapidly shifted its attraction to artificial intelligence, which is evolving astatine a lightning-fast pace.

The "Magnificent Seven" present devour a ample information of the broader benchmark S&P 500 scale and are a driving unit down the index's corporate net and show implicit the past 3 years.

Chip companies and information companies specifically designed to tally AI applications person seen their stocks melt up successful caller years. While valuations person travel into question, adjacent successful the lawsuit of a important pullback, tech investors are inactive apt to person performed good successful the agelong term. If you'd invested $1,000 successful the Technology Select Sector SPDR Fund (NYSEMKT: XLK) 10 years ago, here's however overmuch you'd person today.

The XLK holds ascendant positions successful astir of the large tech and AI stocks 1 would expect, including Nvidia, Apple, Microsoft, and Broadcom, among others. As a result, the XLK has hammered the S&P 500 implicit the past decade.

As you tin see, an capitalist who allocated $1,000 of superior to the S&P 500 a decennary agone would person implicit $3,270 today, representing a full instrumentality of 227%, which is inactive rather strong. However, had that capitalist enactment their wealth successful the XLK, they would person adjacent to $6,500 for a full instrumentality of 545%.

Before you bargain banal successful Select Sector SPDR Trust - The Technology Select Sector SPDR Fund, see this:

The Motley Fool Stock Advisor expert squad conscionable identified what they judge are the 10 champion stocks for investors to bargain now… and Select Sector SPDR Trust - The Technology Select Sector SPDR Fund wasn’t 1 of them. The 10 stocks that made the chopped could nutrient monster returns successful the coming years.

Consider erstwhile Netflix made this database connected December 17, 2004... if you invested $1,000 astatine the clip of our recommendation, you’d person $580,171!* Or erstwhile Nvidia made this database connected April 15, 2005... if you invested $1,000 astatine the clip of our recommendation, you’d person $1,084,986!*