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 Video: What is a Stock Split?
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| SPDR S&P Semiconductor is an open-end investment management company. The Fund seeks to closely match the returns and characteristics of the S&P Semiconductor Select Industry Index. The S&P Semiconductor Select Industry Index represents the Semiconductor sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges. As of June 30 2015, the Fund's total assets and investment porfolio totaled $236,669,046 and $232,244,117, respectively. According to our XSD split history records, SPDR Series Trust - S&P Semiconductor ETF has had 1 split. | |
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SPDR Series Trust - S&P Semiconductor ETF (XSD) has 1 split in our XSD split history database. The split for XSD took place on September 11, 2015. This was a 2 for 1 split, meaning for each share of XSD owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as SPDR Series Trust - S&P Semiconductor ETF splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the XSD split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SPDR Series Trust - S&P Semiconductor ETF shares, starting with a $10,000 purchase of XSD, presented on a split-history-adjusted basis factoring in the complete XSD split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
04/25/2024 |
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| Start price/share: |
$33.50 |
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| End price/share: |
$220.63 |
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| Starting shares: |
298.51 |
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| Ending shares: |
314.75 |
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| Dividends reinvested/share: |
$4.65 |
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| Total return: |
594.42% |
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| Average Annual Total Return: |
21.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$69,417.88 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
04/25/2024 |
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| Start price/share: |
$33.50 |
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| End price/share: |
$220.63 |
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| Dividends collected/share: |
$4.65 |
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| Total return: |
572.47% |
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| Average Annual Total Return: |
20.99% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$67,219.42 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/11/2015 | 2 for 1 |
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