KOMP

State Street SPDR S&P Kensho New Economies Composite ETF

$59.93

+0.00%

Market closed. Last update: 2:12 AM ET

📎 Investment Objective

The SPDR S&P Kensho New Economies Composite ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho New Economies Composite Index.

Overview

ETF tracking State Street SPDR S&P Kensho New Economies Composite ETF

Category Innovation

Issuer State Street

Inception Date 2018-10-23

Market Cap $2.4B

Average Volume N/A

Dividend Yield 1.83%

52-Week Range $40.86 - $66.38

VWAP $60.11

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of securities that seeks to track the performance of the S&P Kensho New Economies Composite Index, which is designed to capture companies that are at the forefront of innovation across a broad range of new and emerging technology-driven industries.

✨ Key Features

Broad exposure to companies at the forefront of innovation across multiple sectors
Tracks the S&P Kensho New Economies Composite Index, which is designed to capture the next generation of innovative companies
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Investing in innovative and emerging technologies carries higher risk and volatility
Lack of long-term performance history makes it difficult to evaluate the fund's long-term viability
Concentration in specific sectors or industries may increase risk
Potential for higher trading costs and lower liquidity compared to more established funds

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to a diversified portfolio of innovative and emerging technology-driven companies. However, due to the fund's limited performance history, it may not be appropriate for more conservative or risk-averse investors.