If You Invested $100 In State Street Technology Select Sector SPDR ETF Stock 20 Years Ago, You Would Have This Much Today

State Street Technology Select Sector SPDR ETF (NYSE:XLK) has outperformed the market over the past 20 years by 6.1% on an annualized basis producing an average annual return of 15.13%. Currently, State Street Technology Select Sector SPDR ETF has a market capitalization of $122.80 billion.

Buying $100 In XLK: If an investor had bought $100 of XLK stock 20 years ago, it would be worth $1,674.86 today based on a price of $189.42 for XLK at the time of writing.

State Street Technology Select Sector SPDR ETF’s Performance Over Last 20 Years

Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.