Tech ETFs drew $13B in June despite sector decline

State Street Global Advisors reported more than $13 billion flowed into the U.S. technology sector in June, while the sector declined 3.3% for the month. Investors increased exposure through exchange-traded funds such as the State Street Technology Select Sector SPDR Fund (XLK), whose largest holdings include Nvidia, Apple and Broadcom.

The inflow total appears in State Street’s Monthly Flash Flows report, which tracks investor activity across exchange-traded products. The data covered flows into funds that target the technology portion of the S&P 500 and related strategies.

XLK is the largest ETF focused on S&P 500 technology names and has an expense ratio of 0.08% (eight basis points). The fund’s portfolio is concentrated in major chipmakers and consumer-technology companies. State Street’s report shows XLK’s net asset value was up 43.66% quarter-to-date as of May 31, 2026.

Market participants cited demand for computing power, semiconductor capacity and enterprise software connected to artificial intelligence projects as reasons investors continued to add technology exposure in June.

ETFs were a primary vehicle for the flows, offering diversified holdings, intraday liquidity and lower fees compared with many active mutual funds. State Street’s flash flows showed technology attracted one of the largest single-month inflow totals across sectors in June, providing a near-term read on investor positioning entering the second half of 2026.

The Monthly Flash Flows report provides month-end data on where capital moved within the ETF market and on net flows into sector-focused products during the period.