Apple snapped its 11-day win streak but these 3 ETFs jumped over 10% during the stretch
Drew Angerer/Getty Images News

Apple (AAPL) snapped its eleven-day winning streak on Wednesday, but not before its more than two weeks of gains allowed three large-cap tech exchange traded funds to post double-digit rallies during the stretch.
In the wake of AAPLâs run, the Technology Select Sector SPDR Fund (NYSEARCA:XLK), Vanguard Information Technology ETF (NYSEARCA:VGT), and Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) each climbed more than 13% over the course of the streak, with gains of 13%, 14.1%, and 14.2%, respectively. These funds have the top three weightings in shares of the world's largest company by market cap.
Apple itself popped 17.5% during the streak, as the market for technology shares has improved in recent weeks following a sharp sell-off earlier in the year.
XLK has the heaviest position in Apple, as the stock equates to 22.81% of XLKâs portfolio. Not too far off in second place goes VGT, with a weighting in AAPL of 22.23% and FTEC has a weighting of 22.16%.
While APPLâs latest rally has lent strong support to these exchange traded funds, they still find themselves trading into the red on the year. Tech funds have been weighed down by worries about interest rates, which tend to compress valuations. 
Year-to-date price action: XLK -7.6%, VGT -8.2%, and FTEC -8.3%.
Meanwhile, AAPLâs rally has now wiped the company's slate clean, erasing its nearly entire 2022 losses. See how APPLâs moves have impacted the direction of XLK, VGT, and FTEC over a larger one-year stance in the chart below.